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See how verdicts work2-bedroom bungalow · LN10 5ET
For saleListed 50 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN! Romola is a two-bedroom bungalow, pleasantly located to an East-West facing plot with countryside views; enjoying gardens to the front and rear.
Requiring a scheme of renovation, the property is currently laid out with a lounge to the front, kitchen, utility; two bedrooms, conservatory and wetroom plus W/C.
Local shopping, social and educational facilities can be found within the nearby inland resort of Woodhall Spa and the Georgian market town of Horncastle - with excellent educational facilities including the highly respected Queen Elizabeth’s Grammar School.
Horsington itself is a popular mid-Lincolnshire village with a community feel. Please note: the property is of non-standard construction, being timber framed with an asbestos based lining.
The private drainage system is not compliant with current regulations - potential purchasers should make their own enquiries. Hallway - With uPVC double glazed obscured to front; light to ceiling.
Loft access hatch, carpet, power points. Built in storage space. Lounge - 15'1" x 10'4" - Having uPVC double glazed windows to front and side, light to ceiling.
Carpet, multiple power points, door to kitchen. Kitchen - 9'10" x 10'1" - With uPVC double glazed window to side, light to ceiling.
Storage units to base and wall levels, roll edge worktop; sink and drainer. Hob, oven. Carpet. Door to utility. Utility - 8'9" x 6'8" - With windows to sides, patio door to rear.
Multiple power points, space and connections for appliances. Bedroom 1 - 11'10" x 10'4" - Having uPVC double glazed window to front, light to ceiling. Carpet, power points.
Bedroom 2 - 11'10" x 10'4" - With wood window to rear, door to conservatory. Light to ceiling, carpet, power points, built in wardrobe storage space.
Conservatory - 10'5" x 8'0" - With uPVC double glazed windows to sides and rear; sloped roof. Tiled flooring, power points.
Bathroom - 4'9" x 8'1" - W/C: Having uPVC double glazed obscured window to rear, light to ceiling, low level wc, wood flooring.
& Wetroom: Having uPVC double glazed obscured window to rear, light to ceiling. Electric shower, hand wash basin, built in storage space. Wetroom flooring.
Outside - The property is approached up a long, concreted driveway leading to a single garage. There is a further gated access to the other front corner, leading to the lawn with tree to centre.
The rear garden is also lawned, with mature flower beds, shrubs and trees. The boundaries are largely hedged.
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.
Area
Agent & docs
FAQ
About Romola, Bucknall Road, Horsington, Woodhall Spa
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