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See how verdicts work3-bedroom bungalow · PE23 4NA
For saleReduced £25k (−7.1%) on 5 AugListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious detached bungalow occupying a generous plot of approximately 0.20 acre, subject to survey, within the charming historic village of Hagworthingham, nestled on the edge of the picturesque Lincolnshire Wolds, an Area of Outstanding Natural Beauty.
Backing onto an open field and offering over 1,600 square feet of accommodation, the property comprises an entrance hall, dining room, lounge, conservatory, office, breakfast kitchen, utility room, three bedrooms and a bathroom with separate shower.
Outside there are well-maintained lawned gardens, ample off-road parking via a private driveway, a garage and an enclosed rear garden enjoying a pleasant open aspect.
Further benefits include oil fired central heating, double glazing and the added advantage of no chain.
EPC Rating: E Accommodation Part glazed entrance door with side screen through to the: Entrance Hall Having coved ceiling, two radiators, dado rail, tile effect flooring, access to roof space, built-in cupboard and built-in airing cupboard.
Dining Room (2.99m x 2.84m) Having coved ceiling, radiator and laminate flooring.
Opening to the: Lounge (5.73m x 3.78m) Having window to rear elevation, radiator and fireplace with tiled hearth, inset electric fire and wooden surround.
Small pane glazed double doors to the: Conservatory (5.91m x 2.65m) Of sealed unit double glazed uPVC frame construction on brick walls with polycarbonate roof.
Having french doors to rear elevation & garden, radiator, tiled floor and ceiling fan/light fitting.
Office (2.62m x 2.57m) Having window to front elevation, door to garage and cupboard housing oil fired boiler providing for both domestic hot water & heating.
Breakfast Kitchen (4.94m x 4.91m) (max) Having two windows to front elevation, radiator, inset ceiling spotlights with feature beam, exposed brick wall with arched recess and tiled floor.
Fitted with a range of base & wall units with work surfaces comprising: 1 1/4 bowl sink with drainer & mixer tap inset to work surface, cupboards, drawers & integrated dishwasher under, cupboards over.
Further work surface with cupboards & drawers under.
Work surface return with space for range style cooker, cupboards, drawers, wine rack, space & plumbing for automatic washing machine under, cupboards, concealed extractor, glazed display units with spice drawers, shelving & plate rack over.
Utility (3.71m x 1.82m) Having window to side elevation, part glazed door to rear elevation, radiator, wood effect flooring, work surface with two inset circular bowls & cupboards under.
Bedroom One (3.33m x 3.00m) Having window to rear elevation overlooking the conservatory, coved ceiling, radiator and fitted wardrobes with drawers under to either side of double bed space with overhead cupboards & shelving.
Bedroom Two (4.24m x 3.05m) (max) Having bow window to front elevation and radiator.
Bedroom Three (2.99m x 2.45m) Having window to rear elevation overlooking the conservatory, coved ceiling and radiator.
Bathroom (3.04m x 2.29m) Having window to front elevation, inset ceiling spotlights, radiator and tile effect flooring.
Fitted with a suite comprising: Fully tiled shower enclosure with electric shower fitting, panelled bath with tiled splashback, close coupled WC and pedestal hand basin with tiled splashback.
Exterior To the front of the property there is a lawned garden with borders.
A driveway provides off-road parking and leads to the: Garage (5.96m x 2.63m) Having electric up-and-over door, light & power.
Rear Garden Being enclosed and majority laid to lawn with borders and having a paved patio, garden shed and oil storage tank.
The Plot The property occupies a plot of approximately 0.20 acre, subject to survey.
Whilst we believe the area of the property has been accurately calculated, any prospective buyer who considers this feature to be particularly important is strongly recommended to have the site measurements checked by their own surveyor before submitting an offer to purchase.
Location Hagworthingham is a picturesque and historic village nestled within the rolling countryside of the Lincolnshire Wolds, an area celebrated for its natural beauty, peaceful landscapes and excellent walking routes.
Situated between the market towns of Horncastle and Spilsby, the village offers a wonderful balance of rural tranquillity and accessibility.
Hagworthingham is particularly popular with those seeking a quieter lifestyle surrounded by open countryside.
The area is well known for walking, cycling and wildlife, with nearby beauty spots such as Snipe Dales offering woodland walks, nature reserves and scenic valleys.
Services The property has mains electricity and water connected. Drainage is to a septic tank with soakaway. Heating is via an oil fired boiler serving radiators and the property is double glazed.
The current council tax is band C. Lifetime Legal We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
The cost of these checks is £72 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.
We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.
Agent's Notes 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. Garden Plot approx. 0.20 acre
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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.
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FAQ
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