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See how verdicts work3-bedroom bungalow · LN2 3LX
For saleReduced £15k (−5.3%) on 25 AugListed 84 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ready to move straight into, having recently undergone a programme of improvements, this well presented Three Bedroom Detached Bungalow occupies a generous corner plot close to the heart of the ever popular village of Welton, to the North of the Cathedral City of Lincoln.
Offering spacious and well maintained accommodation throughout, the property comprises a welcoming entrance hall, comfortable lounge, breakfast kitchen, conservatory, inner hallway, three well proportioned bedrooms and a recently refitted contemporary shower room.
Outside, the property enjoys a substantial block paved driveway providing ample off-road parking, together with a single garage incorporating a useful workshop.
The generous corner plot features attractive, well maintained gardens, offering plenty of outdoor space to relax and enjoy.
Description Ready to move straight into, having recently undergone a programme of improvements, this well presented Three Bedroom Detached Bungalow occupies a generous corner plot close to the heart of the ever popular village of Welton, to the North of the Cathedral City of Lincoln.
Offering spacious and well maintained accommodation throughout, the property comprises a welcoming entrance hall, comfortable lounge, breakfast kitchen, conservatory, inner hallway, three well proportioned bedrooms and a recently refitted contemporary shower room.
Outside, the property enjoys a substantial block paved driveway providing ample off-road parking, together with a single garage incorporating a useful workshop.
The generous corner plot features attractive, well maintained gardens, offering plenty of outdoor space to relax and enjoy.
Combining spacious accommodation and excellent outside space with a desirable village location, within a five minute walk of the Coop with a Post Office and chemist, doctors surgery, cafe, local pub, village hall with regular activities and a bus stop to Lincoln City Centre.
This superb bungalow is ready for immediate occupation and viewing is highly recommended. No chain.
Location Welton is a popular village which lies to the north of the historic Cathedral and University City of Lincoln.
The village has a wide range of local amenities including schools, shops and public houses. There is also a regular bus service out of the village into Lincoln City Centre.
Entrance hall With laminate flooring. Lounge 15' 4" x 11' 10" (4.69m x 3.63m) With double glazed window to the front aspect, decorative fireplace, laminate flooring and radiator.
Kitchen/breakfast room 11' 7" x 11' 3" (3.54m x 3.44m) Fitted with a range of wall and base units with work surfaces over, electric oven and gas hob with extractor fan over, integrated fridge, space for washing machine, stainless steel 11⁄2 bowl sink with side drainer and mixer tap over, breakfast bar, radiator and double glazed window to the front aspect.
Conservatory 11' 2" x 9' 8" (3.42m x 2.95m) With double glazed French doors to the garden and radiator. Inner hallway With laminate flooring, airing cupboard and storage cupboard.
Bedroom 1 11' 5" x 11' 5" (3.50m x 3.49m) With double glazed window to the rear aspect and radiator.
Bedroom 2 11' 4" x 8' 10" (3.47m x 2.71m) With double glazed window to the rear aspect, laminate flooring and radiator.
Bedroom 3 8' 2" x 6' 5" (2.49m x 1.96m) With double glazed window to the rear aspect and radiator.
Shower room Recently refitted with a three piece suite comprising of walk-in shower cubicle with electric shower, close coupled WC and wash hand basin in a vanity style unit, chrome towel radiator, part tiled walls and double glazed window to the side aspect.
Outside The property sits on an extensive corner plot. To the front of the property there is a block paved driveway providing off-street parking for multiple vehicles and access to the single garage.
To the side there is an enclosed gravelled garden. To the rear of the property there is an enclosed garden laid mainly to lawn with mature shrubs.
Garage 15' 1" x 8' 2" (4.61m x 2.51m) With electric up-and-over door, light and power. Workshop 11' 5" x 6' 2" (3.50m x 1.88m) With rear personal door, light and power.
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
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FAQ
About 7, The Grove, Lincoln
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