3-bedroom bungalow · LN4 1TN
Sold STCListed 97 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LOCATION The charming village of Heighington is situated 4 miles South-East of the historic Cathedral City of Lincoln.
Heighington benefits from a mix of old and new properties, The Butcher and Beast and The Turks Head public houses, a coffee shop, Spar convenience store, a primary school, takeaways, hairdressers and a variety of other amenities.
ENTRANCE PORCH With uPVC sliding doors to the side aspect, tiled flooring, wall light, glazed side panel and door leading to the inner hallway.
INNER HALLWAY With doors leading to the three bedrooms, bathroom, lounge and kitchen, fitted storage cupboard, radiator and access to the roof void.
KITCHEN 11' 0" x 9' 5" (3.36m x 2.89m) With uPVC window to the side aspect.
Fitted with a range of base units and drawers with work surfaces over, stainless steel sink and drainer with mixer tap, integrated electric oven with gas hob and extractor above, spaces for a fridge and washing machine, wall mounted cupboards with complementary tiled splashbacks, extractor fan and radiator.
DINING ROOM 8' 2" x 9' 5" (2.51m x 2.89m) With uPVC window to the side aspect, radiator, wooden flooring, space for a dining table and archway leading to the lounge.
LOUNGE 19' 7" x 9' 1" (5.97m x 2.78m) With uPVC bay window to the front aspect, radiator, electric fire with marble hearth and wooden surround, coving to the ceiling and door leading to the hallway.
BATHROOM 8' 5" x 5' 4" (2.57m x 1.65m) With uPVC window to the side aspect, suite comprising bath with shower over, WC, wash hand basin, tiled walls and radiator.
BEDROOM 1 14' 0" x 9' 4" (4.28m x 2.85m) With uPVC window to the rear aspect and radiator. BEDROOM 2 9' 7" x 12' 6" (2.93m x 3.82m) With uPVC sliding doors leading to the rear garden and radiator.
BEDROOM 3 7' 5" x 9' 5" (2.28m x 2.89m) With uPVC window to the side aspect and radiator.
GARAGE 19' 10" x 8' 7" (6.07m x 2.63m) With up-and-over door to the front, power and lighting, window to the side aspect and door to the rear.
OUTSIDE To the front of the property there is a neatly maintained conifer hedge with lawned gardens.
To the side there is a driveway providing off-street parking for vehicles and giving access to the integral garage, together with a further lawned garden with mature shrubs and trees.
To the rear there is a further lawned garden with flower beds, mature shrubs and trees, paved seating areas and a pathway leading to the rear of the garage.
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
Agent & docs
FAQ
About Lindrick Close, Heighington
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