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See how verdicts work3-bedroom bungalow · PE23 4LP
For saleListed 86 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exceptional extended and comprehensively refurbished detached bungalow, finished to an impressive standard throughout and offering in excess of 1,432 square feet of beautifully presented accommodation.
Occupying a generous plot of approximately 0.26 acre, subject to survey, the property enjoys ample off-road parking and hardstanding together with a private west-facing rear garden, complete with a decked entertaining area and a luxurious seven-seater hot tub.
The spacious accommodation is centred around a welcoming entrance hall and includes a stunning bespoke fitted kitchen with integrated appliances and quartz granite worktops, opening seamlessly into a spectacular orangery with a double glazed vaulted ceiling, feature 12kW Clearview multi-fuel burner and French doors leading onto the garden.
The orangery flows effortlessly into the sitting room, where extra-wide sliding patio doors create a wonderful connection to the outdoor space.
The generous master bedroom benefits from a contemporary en-suite featuring a freestanding bath and frameless shower, while two further double bedrooms and a stylish modern shower room complete the accommodation.
Further benefits include UPVC double glazing and external doors, UPVC soffits and fascias, oil fired heating with a replacement combination boiler serviced annually, updated electrical installation with new consumer units to both the bungalow and garage, quality Karndean flooring and carpets throughout, together with external lighting, power and water supplies.
Situated in the sought-after Lincolnshire Wolds village of Hagworthingham, the property enjoys the perfect balance of peaceful rural living and everyday convenience.
Surrounded by beautiful rolling countryside and scenic walking routes, the village offers a welcoming community atmosphere while being just a short drive from the historic market town of Spilsby and within easy reach of the coast and the wider Lincolnshire Wolds Area of National Landscape, making it an ideal location for those seeking an enviable lifestyle.
EPC Rating: D Accommodation Part glazed front entrance door with side screen through to the: Entrance Hall Having coved ceiling, radiator, built-in cupboard and access to roof space.
Dining Kitchen (4.22m x 3.91m) Having window to side elevation, inset ceiling spotlights, radiator and Karndean flooring.
Fitted with a range of base & wall units with quartz granite work surfaces & upstands comprising: Belfast style sink with mixer tap inset to work surface, cupboards, integrated dishwasher, automatic washing machine & tumble dryer under, cupboards & integrated microwave over.
Work surface return with range style cooker, cupboards & drawers under, cupboards & extractor over.
Further work surface return with cupboards, wine racks & integrated wine cooler under, cupboard over. Tall unit to side with space for american style fridge/freezer with cupboard over.
Opening to the: Orangery (4.95m x 3.86m) Having two tilt-&-slide windows to side, french doors with full height windows to sides to rear elevation & garden, large roof window & inset ceiling spotlights, Karndean flooring and feature large Clearview 12w multi-fuel burner on granite hearth.
Opening to the: Sitting Room (4.78m x 3.63m) Having extra large sliding doors to rear elevation, coved ceiling with inset ceiling spotlights and radiator.
Master Bedroom (4.29m x 3.63m) Having bow window to front elevation, coved ceiling, radiator and built-in wardrobe with sliding doors.
En-Suite Bathroom (4.27m x 2.08m) Having window to side elevation, coved ceiling with inset ceiling spotlights, radiator incorporating heated towel rail, tiled walls and tiled floor.
Fitted with a suite comprising: Freestanding roll-top bath, large "frame-less" walk-in shower enclosure with overhead rainfall & hand held shower fitting over, close coupled WC and hand basin on vanity unit with cupboard under.
Bedroom Two (4.55m x 4.22m) Having bow window to front elevation, coved ceiling, two radiators, two built-in wardrobes and brick-built fireplace with quarry tiled hearth & inset wood burner.
Bedroom Three (3.38m x 2.97m) Having window to side elevation, coved ceiling and radiator.
Shower Room (2.87m x 1.96m) Having coved ceiling with inset ceiling spotlights, heated towel rail, tiled walls, tiled floor and extractor.
Fitted with a suite comprising: Large walk-in "frame-less" shower enclosure with electric shower fitting, hand basin inset to vanity unit with cupboard under and WC with concealed cistern.
Exterior To the front of the property there is a lawned garden with borders.
A driveway provides ample off-road parking & hardstanding extending down the side of the property to the: Garage (6.38m x 3.00m) Having up-and-over door, light and power.
Rear Garden Being enclosed and having a paved patio, pond and formal lawns beyond with well stocked beds & borders, decked seating area with seven seater hot tub and garden sheds (one with light & power).
To the far rear there is an orchard area with apple, pear, cherry and damson trees. The Plot The property occupies a plot of approximately 0.26 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.
Services The property has mains electricity and water connected. Drainage is to a septic tank.
Heating is via an oil fired boiler (replaced and serviced annually) 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 0.26 acre - lawned front garden - lawned rear garden with decked patio, pond, paved patio & 7 seater hot tub
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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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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About Richmond Church Lane, Spilsby
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