3-bedroom terraced house · LN5 9DD
Listing removedListed 41 days · slow let
Opportunity summary
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About
A beautifully presented three bedroom terraced house situated on Sherwood Drive, within the popular modern residential area of Waddington, just south of the historic and vibrant city of Lincoln.
The property offers well-proportioned accommodation arranged over two floors and benefits from a modern finish throughout, double glazing and gas central heating, making it an attractive home for families, couples, or professional tenants.
The ground floor comprises a welcoming entrance hall leading through to a spacious living/dining room, providing a comfortable and versatile area.
The modern fitted kitchen is well equipped with integrated Bosch appliances, offering a practical and contemporary space.
To the rear of the property is a useful conservatory, which provides additional living space and direct access onto the enclosed rear garden.
To the first floor are three bedrooms, including a well-proportioned primary bedroom together with two further bedrooms which would be ideally suited to children, guests, a home office or additional storage requirements.
The accommodation is completed by a modern family bathroom.
Externally, the property benefits from a front garden and an enclosed rear garden, providing a private outdoor space which is ideal for relaxing or entertaining during the warmer months.
In addition, the property has a single garage situated within a nearby garage block, providing secure storage and/or parking facilities.
Waddington is an increasingly popular residential location, offering the convenience of village living while being within easy reach of Lincoln and the surrounding area.
The village provides a good range of local amenities for day-to-day needs, including convenience stores, a pharmacy, post office, library, cafes, public houses and a selection of local services and food outlets.
The area is also well served by local schooling, with primary education available within the village and a wider choice of secondary schools and educational facilities available across the surrounding Lincoln and North Kesteven area.
The property is particularly well positioned for access to Lincoln, with regular bus services providing convenient connections into the city centre and surrounding areas.
Road links are also excellent, with easy access to the A607 and A15, providing routes towards Lincoln, Grantham and the wider regional road network.
Lincoln itself is approximately six miles away and offers an extensive range of shopping, leisure, entertainment, and cultural facilities, including the historic Cathedral Quarter, a wide selection of independent and national retailers, restaurants, cafes and bars, as well as the popular Brayford Waterfront and Lincoln Railway Station.
"Lettings Fees:- There are no application or referencing fees payable.
More information on charges to Tenants including Alterations to Tenancy Agreement, Defaults, Breaches and Utilities can be found on our downloads on our website, and copies are displayed in our offices and can be provided on request."
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 16 Sherwood Drive, Waddington, Lincoln
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