3-bedroom bungalow · LN2 3LQ
To rentReduced £100 (−8.3%) on 13 OctListed 58 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LOCATION Johns Court is situated within the popular village of Welton, approximately seven miles north of Lincoln.
The village offers a good range of local amenities including shops, convenience stores, cafés, public houses, a pharmacy, doctors' surgery and local schooling.
The property is also well positioned for access to the surrounding countryside and regular bus services provide links into Lincoln City Centre.
The A15 and A158 are both accessible nearby, providing convenient road connections to Lincoln, Market Rasen and the wider area.
ACCOMMODATION This well presented Bungalow offers spacious and practical accommodation throughout, with the Entrance Hall providing access to all rooms.
The internal accommodation comprises an Entrance Hall with side access to the property, Bedroom One, Bedroom Two, Bedroom Three, Family Bathroom with shower over the bath and an Open Plan Living, Dining and Kitchen Area.
The Kitchen benefits from appliances including a fridge freezer and washing machine.
Bedroom Three has patio doors opening onto the rear garden and could provide a useful alternative space for an Office or Study if required.
OUTSIDE The property benefits from an enclosed rear garden with a patio area providing space for outdoor seating, together with a garden shed and Summer House providing additional storage.
To the front there is a gravelled garden area. A single garage and allocated parking space are located across the road from the property.
RENT AND DEPOSIT The asking Rent for the property is £1,200.00 per calendar month and the Tenancy Deposit is £1,380.00 (equal to 5 weeks' rent). The Holding Deposit for this property is £275.00.
ASSURED PERIODIC TENANCY The property will be let on an assured periodic tenancy (rolling monthly). The landlord is seeking a tenant for longer-term occupation.
ADDITIONAL FEES There are no application fees payable. You will be required to pay a Holding Deposit equal to one weeks rent to secure the property.
More information on charges to Tenants can be found on our website - VIEWINGS By prior appointment through Mundys.
THE RENTERS RIGHTS ACT 2025 New legislation was implemented in May 2026 and affects existing and new tenancies. More information on the changes is available at:
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
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FAQ
About Johns Court, Welton
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