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See how verdicts work3-bedroom bungalow · LN4 3DG
For saleReduced £10k (−4.8%) on 29 JulListed 286 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Extended three bedroom Semi-Detached Bungalow located in the sought after village of Metheringham. Perfectly positioned within walking distance of the local School, Shops, Doctors and Train Station.
The property further benefits from Gas Central Heating, uPVC Double Glazing and being sold with no onward chain.
The accommodation of offer comprises Lounge, Kitchen, Utility, Dining Room, Conservatory, Three Bedrooms and Family Bathroom.
Externally, the front of the property has a spacious driveway with room for up to six cars. To the rear of the property there is an enclosed landscaped lawned garden with raised patio and outbuilding.
EPC rating: D. Kitchen (8'11" x 9'8" (2.72m x 2.95m)) Fitted with a range of wall and base units with worktops, sink with drainer unit and door to the utility room.
Utility Room (7'3" x 7'9" (2.21m x 2.36m)) With window to the rear aspect, wall and base units with worktops and door to the rear aspect. Front Hall With window to the side aspect.
Lounge (16'7" x 10'5" (5.05m x 3.17m)) With window to the front aspect, gas fireplace and two radiators. Dining Room (12'4" x 9'6" (3.76m x 2.9m)) With an opening to the kitchen and radiator.
Rear Hall With access to two storage cupboards. Bedroom One (9'8" x 10'6" (2.95m x 3.2m)) With window to the side aspect, fitted wardrobe and drawers and a radiator.
Bedroom Two With a fitted wardrobe and radiator. Conservatory (9'6" x 7'8" (2.9m x 2.34m)) With windows to the front and side aspects and a door leading to the front of the property.
Bedroom Three (11'5" x 6'2" (3.48m x 1.88m)) With window to the rear aspect and radiator.
Bathroom With window to the rear aspect, low level WC, wash hand basin, panelled bath with shower over and radiator.
Outside To the front of the property there is a spacious driveway with room for up to six cars. To the rear of the property there is a landscaped lawned garden with raised patio.
Outbuilding (9'5" x 16'4" (2.87m x 4.98m)) With window to the front and side aspects, sink and access to shed space with a window to the front aspect.
Agents Note These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Newton Fallowell nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 57, Sleaford Road, Metheringham
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