2-bedroom semi-detached house · LN8 5PU
Sold STCListed 54 days
Opportunity summary
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About
Front Porch- Paved path leads to front composite double glazed door with outside light and doorbell, leads to internal open porch with radiator, which leads to the lounge, stairs to first floor and door to kitchen diner.
Kitchen Diner- Contemporary kitchen with matching wall and base units, integral oven and hob with extractor above, worktops, recessed spot lights, 1 & half sinks with mixer tap, part tiled walls, plumbing for washing machine, space for fridge/freezer and potential for dish washer, modern grey flooring, radiator, central heating & hot water boiler on wall, dual aspect double glazed windows with grey faux wood blinds and door to rear porch.
Space for small table & chairs under the window. View towards the Green.
Rear Porch & W.C.- The rear porch comprises of a radiator, ceiling light and double glazed composite door to rear garden and door to W.C./cloakroom.
Ground floor W.C.- Comprising white W.C., hand basin with cupboard under, vinyl flooring, double glazed opaque window to rear aspect, ceiling light and extractor fan.
Living Room- Plenty of light from 2 double glazed windows to front and rear aspects with curtain poles and grey faux wood blinds, light grey wood effect laminate flooring, radiator and stairs to first floor.
View towards the Green.
Stairs & Landing- Neutral carpet, wooden spindles and hand rail and balustrade on landing, double glazed window to rear aspect, ceiling light and doors to bathroom and bedrooms.
Bathroom- White W.C.
And hand basin with pedestal, white corner bath with shower over, curtain rail, part tiled walls, double glazed opaque window to side aspect, extractor fan, light over mirror with shaver point, recessed spot lights, door to airing cupboard with shelving and radiator.
Bedroom 1- Good size double bedroom with dual aspect double glazed windows with view to the Green with curtain poles and grey faux wood blind, neutral carpet, ceiling light and radiator.
Bedroom 2- Double glazed window to front aspect with view, curtain pole and grey blind, neutral carpet, radiator, ceiling light and loft hatch with ladder.
Garage- Detached brick built garage with pitched pan tile roof providing storage space, power & light, and metal up and over white door.
Driveway- Tarmac drive to garage, providing parking for several vehicles. Outside tap.
Gardens- The corner plot has front and side lawned areas with various trees and plants and also provides extra off road parking.
Gate to the sunny rear enclosed garden, laid to lawn with planted border comprising of roses, peonies and hydrangeas. Oil tank behind fencing. Paved patio area for outside dining/seating.
Location- The property is located within walking distance of local amenities including doctors, school, shops, Starbucks, Co-op, swimming pool, church, fish & chip shop, Chinese takeaway and pubs.
Easy access to A158 Lincoln to Horncastle Road and bus stops to Louth, Horncastle and Lincoln. When enquiring please quote IATA37893
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 8A, Sawmill Lane, Wragby
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