3-bedroom bungalow · LN4 3DP
For saleReduced £9.9k (−3.7%) on 15 SepListed 118 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within a quiet residential cul-de-sac in the popular village of Metheringham, this well-presented three-bedroom detached bungalow offers spacious and versatile accommodation, ideal for a range of buyers seeking single-storey living.
The property features a welcoming entrance hall leading to a bright and generously sized lounge, alongside a modern kitchen-diner that provides an excellent space.
There are three well-proportioned bedrooms, served by a modern family bathroom.
Externally, the bungalow benefits from a garage, ample off-road parking and well-maintained gardens, providing plenty of outdoor space to enjoy.
Metheringham is a well-served village offering a variety of local amenities including shops, a supermarket, pharmacy, doctors' surgery, pubs and cafes, as well as a primary school.
The village also benefits from a railway station with regular services to Lincoln, Sleaford and beyond, making it an excellent choice for commuters.
Lincoln city centre is approximately 10 miles away and offers an extensive range of shopping, leisure and educational facilities, while convenient road links provide easy access to the wider county.
Entrance Hall Lounge 4.67m x 4.46m - 15'4” x 14'8” Kitchen 3m x 2.63m - 9'10” x 8'8” Dining Room 3.04m x 2.4m - 9'12” x 7'10” Bedroom 1 3.63m x 3.11m - 11'11” x 10'2” Bedroom 2 3.02m x 3.02m - 9'11” x 9'11” Bedroom 3 2.69m x 2.41m - 8'10” x 7'11” Bathroom 2.68m x 2.47m - 8'10” x 8'1” Outside Garage 4.63m x 2.4m - 15'2” x 7'10”
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 9, Dane Close, Metheringham
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