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See how verdicts work3-bedroom bungalow · DN21 3RB
For saleListed 375 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
General Remarks and Stipulations Location Bleak Farm is situated to the west of Northorpe Road, on the southern outskirts of the village of Scotton, in the West Lindsey District of Lincolnshire.
It sits approximately 1.5 miles to the south of the village of Scotter and approximately 9 miles to the north-east of the town of Gainsborough.
Introduction The Property offers the rare opportunity to purchase a three bedroom detached bungalow, with 4.00 acres of land and outbuildings, offering equestrian and other potential purposes.
The bungalow consists of three double bedrooms, two bathrooms, a spacious living room and a kitchen/diner, with a total floor area of 150.6 square metres, or thereabouts.
The property provides the following accommodation:- Conservatory/Porch/Sun Room Utility Room - with a range of floor and wall units, sink unit and plumbing for a washing machine.
Kitchen/Diner - dual aspect with a range of floor and wall units, stainless steel sink, built-in electric, split-level oven and hob. Lounge - dual aspect with a tiled open fireplace.
Three double bedrooms - two with built-in wardrobes. Bathroom - fully tiled, with a low flush w.c., pedestal wash hand basin, panel bath and one radiator.
Shower Room - fully tiled, with a low flush w.c., pedestal wash hand basin, walk-in shower cubicle.
Outside There is a useful detached double garage, a steel portal framed general-purpose shed, measuring approximately 55m x 12m and an automatic roller shutter door and electricity supply with a former wooden poultry unit.
The Land The sale of Bleak Farm Bungalow offers a fantastic opportunity to purchase 4.00 acres of Grade 3 land.
The Soil Survey of England and Wales identifies the soils as being from the "Wigton Moor" association with their characteristics described as "permeable, fine and coarse loamy soils" and as suitable for "cereals, sugar beet and potatoes; some grassland".
A perfect lifestyle property, whereby adjoining the house has 4.00 acres that could be laid to grass, ideal for those with equestrian interests.
Additional Land A further 20.00 acres is available by separate negotiation. Services The bungalow benefits from oil-fired central heating, mains water and electric. Drainage is to a septic tank.
Local Authority West Lindsey District Council.
Planning The general purpose shed received consent to convert from agricultural use to residential use via Class Q on 28 October 2022, under Application Number 145495.
There is also an Agricultural Occupancy Condition on the bungalow which states "the occupation of the dwelling shall be limited to a person solely or mainly working in the locality in agriculture or forestry, or a widow or widower of such a person and any resident dependants".
Energy Performance Certificate The EPC rating is 'D'.
Council Tax West Lindsey District Council Council Tax Band 'B' Council Tax Payable 2024/2025 - £1,693.59 Plans Areas and Schedules Plans attached to these particulars are based on the Ordnance Survey National Grid and are for reference only.
Purchaser(s) will be deemed to have satisfied themselves of the boundaries of the land.
Value Added Tax (VAT) The sale price is agreed on a VAT exclusive basis and the Purchaser(s) shall indemnify the Vendor for any VAT which may subsequently be payable.
Viewing The property may be viewed by prior appointment with the Selling Agents on . Method of Sale The property is offered for sale by Private Treaty (private negotiation).
Interested parties are invited to speak to Cecilie Lister of the Selling Agents on or to discuss their interest.
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
Agent & docs

FAQ
About BLEAK FARM, SCOTTON, Northorpe Road, DN21
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