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See how verdicts work3-bedroom house · LN1 2JP
Listing removedReduced £20k (−18.2%) on 21 JunListed 214 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to bring to market this spacious three bedroom mid-terrace cottage which is offered for sale via Modern Method of Auction and is move in ready but is in need of slight modernisation.
Complimented by its quaint and sought after village positioning. This no onwards chain property really does lend itself as a brilliant first time buy or investment property.
The well sized internal accommodation briefly comprises; entrance porch, lounge-diner, modern fitted kitchen, utility, three bedrooms and a bathroom.
Externally the front garden has been landscaped beautifully to create a low maintenance, sun rich area ready to enjoy.
There is also a single garage in a garage block with a parking space to the front of it. A well positioned property which is A must view! Book your internal inspection now!
EPC Grade tbc Newton On Trent is a civil parish located in West Lindsey approximately 10 miles to the West of Lincoln and 10 miles to the South of Gainsborough.
It is accessible for the A1 which opens up to other major road networks and even makes good access to Sheffield.
This makes the property ideally situated to enjoy all the facilities of Lincoln City Centre along with those available also in Gainsborough, Newark and surrounding areas easily accessed from the A1 & A57 road network.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
LIN260196/8 Auctioneer Comments 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 Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the (truncated) Entrance Porch Well sized entrance porch hosting wall to wall fitted storage cupboards, tiled flooring, radiator, double glazed window to the front aspect and a composite entrance door to the side aspect.
Lounge-Diner (6.4m x 3.47m) Beautifully sized lounge comprising characteristic ceiling beams, open fire and surround, carpet flooring, two radiators, television aerial point and two double glazed windows to the front aspect.
Utility Room (1.95m x 1.93m) Versatile utility space comprising the oil fuelled central heating boiler, laminate flooring, radiator, uPVC door to the rear aspect and a generously sized pantry cupboard with space for a fridge-freezer.
Kitchen (3.43m x 1.88m) Stunning and modern fitted kitchen comprising a range of wall and base units with contrasting work surfaces, sink and drainer unit, integral oven with a four ring electric hob and extractor hood, integral washing machine, integral dishwasher, tile splashbacks and a double glazed window to the rear aspect.
Landing With carpet flooring and a loft hatch providing access to the partially boarded loft space.
Bedroom 1 (3.49m x 2.87m) Double bedroom comprising wall to wall fitted wardrobes, radiator, laminate flooring and a double glazed window to the front aspect with fitted blinds.
Bedroom 2 (2.58m x 3.48m) Double bedroom hosting a range of fitted wardrobes, laminate flooring, radiator and a double glazed window to the front aspect with fitted blinds.
Bedroom 3 (1.99m x 3.44m) Generously sized third bedroom hosting a range of fitted wardrobes, laminate flooring, radiator and a double glazed window to the rear aspect.
Bathroom (3.08m x 1.1m) Hosting a panelled bath with an overhead electric shower, low level WC, pedestal wash hand basin, radiator, fully tiled walls, tiled flooring and a double glazed window to the rear aspect.
Garage Single garage in a block of garages with one parking space an a manual garage door to the front of the garage.
Gardens The rear aspect of the property offers a communal passageway providing access to all of the cottages.
The front aspect offers a private and low maintenance, fully landscaped garden which is laid mostly to decking with a pergola shelter over the top.
A quaint sun trap area which also homes the recently installed oil tank. Tenure Freehold West Lindsey District Council Tax Band B
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.
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FAQ
About 41, High Street, Lincoln
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