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See how verdicts work2-bedroom semi-detached house · LN4 2DE
Listing removedListed 592 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to purchase a shared ownership property on a 50% Share with Lincs Rural Housing.
The property has internal accommodation to comprise of Inner Hallway, WC, Lounge, Kitchen Diner and a First Floor Landing leading to two well-appointed Bedrooms and a luxury family Shower Room.
Outside there is off road parking to the front and to the rear there is a well-maintained garden with paved seating area, a shed and views over farmland.
The property has recently been fitted with new digital electric radiators throughout. Viewing of this property is highly recommended.
Applications will need to be made via Lincolnshire Rural Housing Association.
LOCATION Potterhanworth is a small village situated seven miles to the South-East of the historic Cathedral and University City of Lincoln, just off the B1188 Lincoln to Sleaford Road.
There is a local village church, primary school and memorial hall. Nocton Community Primary and Branston Community Academy are also in close proximity.
Washingborough benefits from The Ferry Boat public house, the well-known Washingborough Hall Hotel and fine dining Restaurant, shops, primary school and a variety of other amenities.
INNER HALLWAY With new digital electric radiator, stairs to the first floor landing, composite door to the side aspect and doors to the lounge and WC.
WC With double glazed wooden window to the front aspect, suite to comprise of WC, wash hand basin with vanity cupboard and tiled flooring.
LOUNGE 16' 3" x 11' 7" (4.97m x 3.55m) With double glazed wooden window to the front aspect, new digital electric radiator, decorative fireplace and a door to the kitchen.
KITCHEN/DINER 9' 10" x 14' 9" (3.01m x 4.50m) With double glazed door to the rear garden, window to the rear aspect with views over farmland, fitted with a range of modern base units and drawers with work surfaces over, Neff integral electric oven, Induction hob and extraction above, composite sink unit and drainer with mixer tap and water filter, spaces for a dishwasher, washing machine and fridge freezer, wall mounted cupboards with complementary below, new digital electric radiator and under stairs storage cupboard.
FIRST FLOOR LANDING With double glazed wooden window to the side aspect, doors to two bedrooms and shower room and access to the roof void.
BEDROOM 1 15' 0" x 8' 1" (4.58m x 2.47m) With double glazed wooden window to the front aspect and new digital electric radiator.
BEDROOM 2 10' 8" x 14' 11" (3.26m x 4.56m) With two double glazed wooden windows to the rear aspect and new digital electric radiator.
SHOWER ROOM 7' 8" x 6' 6" (2.34m x 1.99m) With double glazed wooden window to the front aspect, suite to comprise of shower cubicle, WC and wash hand basin with vanity cupboard, partly tiled walls and a chrome towel heater.
OUTSIDE To the front of the property there is two allocated parking spaces and gated access to the side leading to the rear garden.
To the rear there is a paved seating area, flowerbeds, decorative gravelled beds, a shed and views over farmland.
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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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
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FAQ
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