2-bedroom bungalow · PE22 7PE
For saleListed 22 days
Opportunity summary
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About
Set in a lovely position on the edge of the Lincolnshire Wolds, this well-presented detached bungalow is offered for sale with no onward chain and enjoys open field views to the rear.
The property has been carefully designed to provide a practical and comfortable layout, currently offering two bedrooms together with a separate dining room.
With some minor alterations, the dining room could be converted to provide a third bedroom, giving the property useful flexibility to suit a variety of buyers.
The accommodation comprises an entrance hall, lounge, dining room with a wood burning stove, kitchen, utility room, WC, two bedrooms and a family bathroom.
The property benefits from oil central heating and has been well cared for throughout.
Outside, the property sits within well-maintained gardens, with the rear garden enjoying views across the adjoining fields.
There is ample off-road parking to the front together with a good-sized garage.
Beyond the rear garden fence is an additional parcel of land, currently used as an allotment, providing further outdoor space and a useful area for those with an interest in gardening.
A well-kept detached bungalow in a desirable rural setting, combining flexible accommodation, attractive gardens, additional land and lovely views, with the added benefit of no onward chain.
Planning Permission: Planning permission is in place to extend the bungalow to the front to create a large master bedroom with en-suite and dressing room.
The proposed layout would provide three bedrooms in total, together with the existing dining room. Agents Note: The property is served by a septic tank.
The vendors believe the system is compliant and are currently in the process of arranging an inspection to confirm its condition and compliance.
Entrance Hall Lounge 3.57m x 4.8m - 11'9” x 15'9” Dining Room 3.07m x 3.09m - 10'1” x 10'2” Kitchen 3.56m x 2.57m - 11'8” x 8'5” Utility 2.71m x 1.79m - 8'11” x 5'10” WC Bedroom 1 3.37m x 3.56m - 11'1” x 11'8” Bedroom 2 2.52m x 2.51m - 8'3” x 8'3” Bathroom 2.38m x 2.5m - 7'10” x 8'2” Outside Garage 5.2m x 3.54m - 17'1” x 11'7”
Value & comps
No previous sales on record.
Returns
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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 Valinor, Back Lane, Boston
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