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See how verdicts work3-bedroom semi-detached house · NG34 0TR
Sold STCListed 72 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GROUND FLOOR ACCOMMODATION Front door to Entrance Hallway: Radiator, telephone point, wooden effect flooring, vinyl flooring, stairs to first floor.
LOUNGE 13' 0" x 11' 10" (3.96m x 3.61m) Wooden effect vinyl flooring, radiator, TV point, window to front.
KITCHEN/DINER 14' 10" x 9' 11" (4.52m x 3.02m) Kitchen - Fitted wall mounted and floor standing wooden fronted cupboards, fitted worktops and splash back tiling, inset one and a quarter bowl polycarbonate sink and drainer with mixer taps, four ring ceramic hob with extractor fan over, space and plumbing under worktop for automatic washing machine, fridge/freezer and tumble dryer, wall mounted oil central heating boiler.
FIRST FLOOR LANDING Access to roof storage space, airing cupboard housing hot water tank. BEDROOM 1 8' 1" x 14' 10" (2.46m x 4.52m) Radiator, window to front.
BEDROOM 2 8' 9" x 9' 9" (2.67m x 2.97m) Radiator, window to rear. BEDROOM 3 9' 9" x 5' 9" (2.97m x 1.75m) Radiator, telephone point, window to rear.
FAMILY BATHROOM Panelled bath with TRITON electric shower over, glass screen, pedestal wash hand basin, low level WC with concealed flush, complimentary splash back tiling, radiator, wooden effect vinyl flooring, electric shaver point, extractor fan.
EXTERNALLY The front of this property benefits from a small garden. A timber gate to one side of the house gains access to the fully enclosed private rear garden.
There is a good size rear patio with the remainder of the garden ready for turf or grass seed to be laid. included in the rear garden is a garden tap and an oil tank.
SINGLE GARAGE 7' 9" x 16' 8" (2.36m x 5.08m) Pedestrian side door, power and light connected, up and over garage door.
DIRECTIONS From Eckfords and Longstaff office turn left and head North along the A15.
After approx 8 miles when you reach the village of Folkingham turn left into West Street, then right into Walcott Lane and first right into Churchfields. Number 62 is located on the right hand side.
AGENTS NOTE Folkingham is a very pretty Lincolnshire village located a short distance from both Bourne & Graham. There is a village shop, post office and a village pub.
Also convenient access to the A1. This property would be ideal for a young family an investor or a couple.
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
Agent & docs
FAQ
About Churchfields, Folkingham
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