We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom bungalow · LN6 9RW
Listing removedReduced £25k (−10%) on 21 AugListed 558 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***well presented and spacious detached bungalow in the heart of north hykeham*** Welcome to 8 Meadow Close.
A fine example of a spacious, ready to move into Detached Bungalow positioned in a highly regarded area in the heart of North Hykeham.
The property is being sold with no onward chain and is ready for it's next purchasers to move straight in. Briefly comprising; Hall, Lounge-Diner, Modern Kitchen, Three Double Bedrooms, Bathroom.
Further benefitting from a Garage & Driveway as well as a fully enclosed Rear Garden. EPC grade D.
Situated within the popular area of North Hykeham, having access to multiple facilities including shops, schools, sports facilities, local bus service to Lincoln, access to a railway line and road links to the A46 and A1.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
NHY250151/8 Entrance Hall With carpet flooring, uPVC entrance door to the side aspect, storage cupboard, radiator, loft access and a wall mounted central heating thermostat.
Kitchen (2.56m x 3.14m) Modern and tastefully finished kitchen hosting a range of wall and base units with contrasting work surfaces, sink and drainer unit, integral oven with a four ring gas hob and overhead extractor hood, tile splashbacks, space and plumbing for a washing machine and dishwasher, wall mounted gas central heating boiler, tiled flooring, uPVC door to the side aspect and a double glazed window to the side aspect.
Lounge-Diner (4.26m x 6.14m) Spacious lounge-diner hosting carpet flooring, two radiators, television aerial point, electric fire and double glazed windows to the front and side aspects.
Bedroom 1 (3.3m x 3.3m) Double bedroom comprising fitted wardrobes, radiator, television aerial point, carpet flooring and a double glazed window to the rear aspect.
Bedroom 2 (2.97m x 3.3m) Double bedroom with carpet flooring, radiator, double glazed window to the rear aspect and uPVC double glazed door to the rear aspect.
Bedroom 3 (2.97m x 2.48m) Double bedroom hosting carpet flooring, radiator, fitted wardrobes and a double glazed window to the side aspect.
Bathroom (1.92m x 1.64m) Hosting a panelled bath with overhead electric shower, pedestal wash hand basin, partially tiled walls, radiator and a double glazed window to the side aspect.
WC With a low level WC, vinyl flooring and a double glazed window to the side aspect.
Garage Single garage with a personal door to the side aspect, internal power and lighting and a manual up and over garage door.
Gardens To the front aspect there is concrete laid driveway offering ample off street parking and a lawn area with a variety of mature and vibrant plants and shrubs.
The rear garden is generously sized, beautifully private and is laid to a combination of lawn and patio whilst further hosting a variety of mature plants and shrubs.
Tenure Freehold North Kesteven District Council Tax Band C
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
About 8, Meadow Close, Lincoln
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