3-bedroom detached house · LN4 4EZ
Listing removedListed 273 days
Opportunity summary
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About
Detailed Description A three bedroom detached house situated in a generous plot in the well served village of Billinghay.
The property is vacant and in need of a full refurbishment programme which once refurbished will create a family home or buy to let.
Location Directions Enter the village on Walcott Road which continues into the High Street.
Then turn right onto Fitzwilliam Place and then left into St Michaels Close where the property is on your left.
Accommodation Entrance Hall With stairs to first floor, storage cupboard, radiator, door to; WC Double glazed casement window to side elevation, two piece suite comprising mid flush WC, pedestal wash basin, part tiled walls, radiator.
Lounge/Diner Double glazed casement window to front and rear elevation, two radiators, door to; Kitchen Double glazed casement window tore elevation, fitted wall and base units with stainless steel single drainer sink, space and plumbing for washing machine, part tiled walls, door to; Utility Room Double glazed windows and door to rear elevation, fitted wall and base units, door to; Rear Porch with double glazed door to front elevation, door to single garage with up and over door power and light, door to store room.
First Floor Bedroom One Double glazed casement window to front elevation, built-in storage cupboard, radiator.
Bedroom Two Double glazed casement window to rear elevation, built-in storage cupboard, radiator. Bedroom Three Double glazed casement window to front elevation, radiator.
Wet Room Double glazed casement window to side elevation, three-piece suite comprising shower, mid flush WC, pedestal wash basin, tiled walls, radiator, airing cupboard.
Landing Double glazed casement window to side elevation, loft access, storage cupboard. Outside The front elevation offers a lawn garden and paved driveway leading to a single garage.
The rear elevation offers a lawn garden with fence boundaries and a patio area to the side elevation with gated access through to the front.
Services We understand the property offers mains water, electric, main sewer connections and the heating is provided via an air source heat pump.
Other REGISTER TO BID To register to bid please click or copy and paste this link into your browser.
LEGAL PACK To register to view the legal pack please click or copy and paste this link into your browser Council Tax Band C Tenure & Possession Freehold with vacant possession upon completion.
Viewing Strictly by appointment with the Auctioneers. Tel: Completion Date This lot will be sold with a 10% deposit and up to 8 weeks for completion.
Auction Bidder Identity Check Prior to bidding on any auction lots we are required to verify the identity of the bidder to comply with The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulation 2017.
We also need to complete the remote bidding registration process as this will be a live stream event only. Please contact us on or
Value & comps
No previous sales on record.
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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 starting price
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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 3 St. Michaels Close, Billinghay, Lincoln, Lincolnshire, LN4 4EZ
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