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See how verdicts work2-bedroom bungalow · LN4 3GB
For saleReduced £10k (−5.4%) on 26 OctListed 132 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within an executive cul-de-sac in the popular and well served village of Metheringham, this modern two bedroom semi-detached bungalow offers well presented living accommodation throughout.
The property comprises a fitted Kitchen, a spacious Lounge with patio doors opening onto the rear garden, an Inner Hallway, two double Bedrooms and a modern Shower Room.
Outside there is a pleasant front garden, a driveway providing off street parking and a single garage. To the rear there is an enclosed garden, ideal for relaxing and outdoor entertaining.
This attractive bungalow is offered in good condition and viewing is highly recommended. NO CHAIN.
LOCATION Metheringham is a larger than average village located between the historic Cathedral and University City of Lincoln and the Market Town of Sleaford.
The village offers a range of local amenities including the Co-op and Nisa Food Stores, three public houses, a church, a primary school, an outdoor swimming pool, hairdressers, beauticians, a petrol station, a post office, a vet and food outlets including an Indian restaurant, fish and chip restaurants, a tearoom and various other takeaways.
The village itself has good transport links, including a train station on the Lincoln to Sleaford line and a bus route.
KITCHEN 13' 7" x 9' 7" (4.15m x 2.94m) Fitted with a range of wall and base units with work surfaces over, 1 1/2 bowl sink with side drainer and mixer tap over, electric oven and hob with extractor fan over, space for washing machine, wall mounted gas fired central heating boiler, storage cupboard, tiled flooring and splashbacks, radiator and double glazed window to the front aspect.
LOUNGE 13' 8" x 9' 7" (4.19m x 2.94m) With double glazed patio doors to the rear garden and radiator.
INNER HALLWAY BEDROOM 1 11' 5" x 9' 3" (3.50m x 2.82m) With double glazed window to the front aspect and radiator.
BEDROOM 2 9' 3" x 8' 6" (2.83m x 2.60m) With double glazed window to the front aspect and radiator.
SHOWER ROOM Fitted with a three piece suite comprising of walk-in shower cubicle, close coupled WC and pedestal wash hand basin, chrome towel radiator and part tiled walls.
OUTSIDE To the front of the property there is a lawned garden. There is a driveway providing off street parking and access to the single garage.
To the rear of the property there is an enclosed garden laid mainly to lawn.
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
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FAQ
About Townsend Way, Metheringham
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