3-bedroom terraced house · LN8 3NJ
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
RENOVATION PROJECT WITH LOTS OF POTENTIAL.
Situated in the popular Village of Newtoft, this spacious property comprising entrance hall, lounge diner, kitchen, side porch, 3 bedrooms, shower room & wc offers and exciting project.
With gardens front & rear & Garage.
NO ONWARD CHAIN This three-bedroom end-terrace property presents an exciting opportunity for investors, developers, or anyone looking to put their own stamp on a home.
Situated in a popular residential area, the property offers a generous layout and a spacious rear garden, all within easy reach of local amenities, schools, and transport links.
The accommodation comprises an entrance hall, lounge diner, kitchen, utility, three well-proportioned bedrooms, and a shower room with seperate WC.
While the property does require full modernisation throughout, it offers great scope to add value and create a stylish home or investment.
Externally, the property benefits from side access and a larger-than-average garden, ideal for future landscaping or potential extension (subject to planning permission).
This is a fantastic chance to transform a blank canvas into something truly special. Early viewing is recommended to fully appreciate the potential on offer. EPC rating: D.
Tenure: Freehold, Situation Newtoft is a charming rural hamlet which lies just 4.9 miles from Market Rasen & 13.7 miles from Lincoln.
Newtoft further benefits from transport links to Faldingworth Primary School, De Aston Secondary School and Normanby By Spital primary school.
Newtoft also has a Social Hall which holds a range of activities including a regular toddler group and is also available for private hire, the local park also provides regulars football matches for the local clubs.
Entrance Hall 1.18m x 3m (3'10" x 9'10") uPVC entrance door, adjoining side screen, radiator and stairs to first floor accommodation Lounge Diner 4.04m x 5.29m (13'3" x 17'4") double glazed window to rear aspect, laminate flooring and radiator Kitchen 4.03m x 2.23m (13'3" x 7'4") a range of fitted wall and base units, stainless steel sink unit, space and plumbing for washing machine, space for cooker, radiator, tiled splash backs, double glazed window to rear aspect and uPVC rear entrance door Side Porch 1.23m x 2.21m (4'0" x 7'3") uPVC entrance door, fitted wall units, and under stairs storage Landing 0.92m x 3.12m (3'0" x 10'3") double glazed window to front aspect, roof void access and airing cupboard housing hot water cylinder Bedroom 1 2.68m x 4.69m (8'10" x 15'5") double glazed window to rear aspect, radiator and fitted wardrobes Bedroom 2 2.62m x 3.82m (8'7" x 12'6") double glazed window to front aspect, radiator and fitted wardrobes Bedroom 3 2.65m x 2.23m (8'8" x 7'4") double glazed window to rear aspect and fitted wardrobes Shower Room 1.65m x 1.45m (5'5" x 4'9") vanity hand wash basin, shower cubicle, tiled splash backs, vinyl flooring, heated towel rail and double glazed window to front aspect WC 1.44m x 0.78m (4'9" x 2'7") low level WC, tiled splash backs, vinyl flooring and double glazed window to front aspect Gardens occupying a generous corner plot Garage Situated in a block of garages.
Agents Notes These particulars are for guidance only.
Lovelle Estate Agency, their clients and any joint agents give notice that:- They have no authority to give or make representation/warranties regarding the property, or comment on the SERVICES, TENURE and RIGHT OF WAY of any property.
These particulars do not form part of any contract and must not be relied upon as statements or representation of fact. All measurements/areas are approximate.
The particulars including photographs and plans are for guidance only and are not necessarily comprehensive.
Next Steps Successful buyers will be required to complete anti-money laundering checks. Our partner, Hipla, will carry out the initial checks on our behalf.
The current non-refundable cost is £24 inc. VAT per person. You’ll need to pay this and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring that might be required.
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
Agent & docs

FAQ
About Fairfax Close, Newtoft, LN8
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