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See how verdicts work2-bedroom bungalow · LN7 6LW
For saleListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION 3 Roman Way is a No Onward Chain two-bedroom detached bungalow offering accommodation arranged over a single level.
The property is situated in Caistor and comprises a hall, kitchen, living room, two bedrooms and bathroom.
Outside, the property has a gravelled front garden with fencing, rear garden with slabbed patio and gravelled area, allocated parking and a single garage.
LOCATION Caistor is a historic, picturesque Market Town located on theViking Way just on the northern border of the Lincolnshire Wolds, enjoying a wonderful variety of traditional and independent retail outlets, amenities,doctors, excellent schooling (Caistor Grammar School - Ofsted Graded 'Excellent',Caistor Yarborough Academy - Ofsted Graded Requires Improvement' and Caistor Church of England Methodist Primary School - Ofsted Graded 'Good'), sports fields, gym and various sports/social clubs.
The town is situated just off the A46, which provides ease of access to larger road networks onto Grimsby, Lincoln, Scunthorpe, Barnetby Train Station and Humberside Airport.
HALL With radiator, composite external door to the side elevation, doors off, access to roof void and storage cupboard.
KITCHEN 8' 8" x 8' 7" (2.64m x 2.62m) With vinyl flooring, radiator, fitted with a range of wall and base units, integrated stainless steel sink with drainer, integrated dishwasher, integrated electric oven, integrated gas hob with extractor fan over, integrated fridge freezer, tiled splashbacks throughout and uPVC double glazed window to the front elevation.
LOUNGE/DINER 17' 6" x 11' 3" (5.33m x 3.43m) With radiator and uPVC double glazed window to the front elevation.
BEDROOM 1 12' 4" x 10' 11" (3.76m x 3.33m) With radiator and uPVC double glazed window to the rear elevation.
BEDROOM 2 9' 3" x 9' 1" (2.82m x 2.77m) With radiator and uPVC double glazed window to the rear elevation.
BATHROOM 6' 7" x 5' 7" (2.01m x 1.7m) With towel radiator, low-level WC, wash hand basin, panel bath with mixer taps, uPVC double glazed frosted window to the side elevation and tiled splashbacks throughout.
GARAGE Single garage with up-and-over door and allocated parking space Infront. OUTSIDE FRONT To the front of the property there is a gravelled garden with fencing surround.
Access to the rear is available via the side. OUTSIDE REAR To the rear of the property there is a slabbed patio leading onto a gravelled garden.
The property also benefits from an allocated parking space and single garage. Access to the garage and parking is available from the rear garden.
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.
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FAQ
About 3, Roman Way, Caistor
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