2-bedroom bungalow · LN4 1QS
For saleListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Starkey&Brown are delighted to offer for sale this two bedroom detached bungalow, ideally positioned on Gail Grove within the popular village of Heighington.
Requiring a full programme of renovation throughout, this property presents an exciting opportunity for the next owner to completely transform and modernise the accommodation to their own tastes, with huge scope for further extension and development, subject to the necessary planning permissions and consents.
The property is also being sold with the benefit of no onward chain.
The accommodation briefly comprises an entrance hall leading into a generous living room, enjoying dual-aspect windows which allow plenty of natural light into the principal reception space.
There is a generous kitchen diner positioned to the rear, providing excellent potential. There are two well-proportioned double bedrooms, along with a three-piece suite bathroom.
One of the property’s standout features is the huge potential for extension, subject to the necessary planning permissions and building regulations.
The loft space is also a particularly appealing feature, being mostly boarded and offering significant potential for further accommodation or conversion, again subject to the necessary planning permissions and consents.
Externally, the property occupies a generous plot, with a front garden providing considerable scope for landscaping and further enhancement.
To the front is a long driveway extending along the side of the property, providing excellent off-street parking and leading to a useful carport.
There is also an additional outbuilding, offering valuable storage or potential for a variety of uses.
Heighington is a popular and well-established village situated approximately six miles south-east of Lincoln, offering a range of everyday amenities including a village shop, primary school, community facilities and regular bus services.
The village is surrounded by attractive Lincolnshire countryside whilst remaining conveniently positioned for access into Lincoln city centre, providing a wider selection of shops, restaurants and leisure facilities.
Council tax band: B. Freehold.
UPVC Composite Door Into Porch Open access to: Hall Storage cupboard, loft access - mostly boarded with potential to convert (subject to planning permissions) and a radiator.
Access into: Lounge (15' 3'' x 12' 1'' (4.64m x 3.68m)) Having a uPVC double-glazed window to the front aspect, a fireplace and two radiators.
Kitchen Diner (13' 10'' x 9' 5'' (4.21m x 2.87m)) Having base and wall units, stainless steel sink with mixer taps, space and plumbing for appliances, a uPVC double-glazed window to the rear, a radiator and a side door leading into car port.
Bedroom 1 (12' 6'' x 11' 6'' (3.81m x 3.50m)) Having a uPVC double-glazed window to the front aspect and a radiator.
Bedroom 2 (12' 2'' x 10' 0'' (3.71m x 3.05m)) Having a uPVC double-glazed window to the rear aspect and a radiator.
Bathroom Three-piece suite comprising a wash hand basin, low-level WC, panelled bath with overhead shower, tiled flooring, frosted double-glazed window to the rear and a radiator.
Outside Front Driveway which extends to the side of the property. Access to: Car Port (19' 0'' x 7' 6'' (5.79m x 2.28m)) Personnel door to the rear and an outbuilding.
Outside Rear Mature shrubs, outside tap, timber-built shed and a greenhouse.
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 10, Gail Grove, Lincoln
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