Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · LN10 6YJ
For saleListed 11 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern Method Of Auction - T & c's Apply.
An appealing three bedroom mid-terrace house pleasantly situated within the village of Roughton, enjoying a semi-rural position with open views over the surrounding Lincolnshire countryside.
The property offers well-proportioned accommodation arranged over two floors, with the benefit of a conservatory, two reception rooms and a separate kitchen/breakfast room.
The ground floor accommodation begins with an entrance hall with stairs rising to the first floor and access through to the spacious lounge, featuring a wood-burning stove and ample room for both seating and relaxation.
An archway leads through to the separate dining room, which in turn opens into the conservatory overlooking the rear garden, providing additional reception space and an ideal spot to enjoy the garden throughout the year.
The kitchen/breakfast room is fitted with a range of units and work surfaces, with space for appliances and a useful adjoining pantry.
A further hallway provides an alternative entrance and access to the rear garden, together with a ground floor WC.
To the first floor, the landing enjoys attractive rural views and leads to three bedrooms, two of which benefit from built-in storage, along with a shower room comprising a shower cubicle, wash hand basin and WC.
Outside, the property is approached via a shared pathway, with a front garden featuring established hedging, plants and shrubs.
The enclosed rear garden has been thoughtfully landscaped, incorporating paved patio areas, seating spaces and a variety of decorative plants and shrubs, with a pleasant outlook over open countryside beyond.
A detached garage is situated to the far end of the terrace, providing useful storage.
Roughton is a pleasant village surrounded by Lincolnshire countryside, with the nearby towns of Woodhall Spa and Horncastle offering a range of shopping, social and educational facilities.
The property is offered for sale with no onward chain. Agent Note: The vendor has advised there is a monthly charge of £60 towards sewage and maintenance.
Buying Conditions This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the ”Reservation Period”).
Interested parties personal data will be shared with the Auctioneer (iamsold).If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.A Buyer Information Pack is provided.
The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price.
This is considered within calculations for Stamp Duty Land may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Paym Entrance Hall Lounge 5.48m x 3.72m - 17'12” x 12'2” Dining Room 2.94m x 3.12m - 9'8” x 10'3” Conservatory 3.89m x 2.81m - 12'9” x 9'3” Kitchen/Breakfast Room 4.23m x 3.69m - 13'11” x 12'1” Pantry Hall WC First Floor Landing 1.68m x 2.86m - 5'6” x 9'5” Bedroom 1 3.7m x 3.58m - 12'2” x 11'9” Bedroom 2 2.98m x 3.73m - 9'9” x 12'3” Bedroom 3 2.42m x 2.82m - 7'11” x 9'3” Shower Room 1.69m x 2.62m - 5'7” x 8'7”
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Church Terrace Main Road, Woodhall Spa
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