2-bedroom bungalow · LN6 0SA
Listing removedReduced £10k (−4.8%) on 9 AugListed 261 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Here's everything you need to know Welcome to 2 Waltham Close on Doddington Park, Lincoln on what could be your next home. Please quote property reference MH0883 when enquiring about this property.
The previous owner has resided in this home for some 40 years having bought it as a new property when it was first built and over that time they have lovingly looked after it.
It now offers the opportunity for the new owner to modernise it and to make their own mark on it to enjoy themselves for many years to come.
It sits on a good sized plot which will appeal to a buyer who is looking for a home with a good garden and lots of space and where they could even extend the living accommodation if desired, subject to consent.
It also has ample off street parking for several vehicles and a single detached garage. A viewing of this property is therefore advised to avoid missing out on this opportunity.
Accommodation hall living room 14'9" X 12'2" kitchen 12'2" X 9'2" bedroom 1 10'10" X 9'10" bedroom 2 9'10" X 9'2" bathroom The accommodation to the property has a gas heating system and double glazing.
Outside The front of the property there is a low maintenance hard landscaped garden and the driveway which leads to the side where there is further parking a a detached single garage which has power, lighting and security lighting.
Gated access then leads around to the good sized rear garden which has a patio and then a lawned garden. There is a timber shed and greenhouse as well.
Location Positioned to the head of the close and located off Pershore Way and then Waltham Road, the property has an excellent range of local ammenites and services, mainly from the Birchwood Shopping precinct.
This includes a Co-op, newsagent, shops, food outlets and takeaways.
There is also a doctors surgery, leisure centre and bus stop as well as having good access from Doddington Road back onto the bypass. EPC rating The EPC rating for this home is D.
Council tax The council for this property is Lincolnshire County Council and the band rating is B which has as expected annual charge of approx.£1,758.54 agents note Please be advised that the property details may be subject to change and must not be relied upon as an accurate description of this home.
Although these details are thought to be materially correct, the accuracy cannot be guaranteed, and they do not form part of any contract.
All services and appliances must be considered 'untested' and a buyer should ensure their appointed solicitor collates any relevant information or service/warranty documentation.
Please note, all dimensions are approximate/maximums and should not be relied upon for the purposes of floor coverings.
Anti-money laundering regulations We are required by law to conduct Anti-Money Laundering (aml) checks on all parties involved in the sale or purchase of a property.
We take the responsibility of this seriously in line with hmrc guidance in ensuring the accuracy and continuous monitoring of these checks.
Our partner, Movebutler, will carry out the initial checks on our behalf. They will contact you once your offer has been accepted, to conclude where possible a biometric check with you electronically.
As an applicant, you will be charged a non-refundable fee of £30 (inclusive of VAT) per buyer for these checks. The fee covers data collection, manual checking, and monitoring.
You will need to pay this amount directly to Movebutler and complete all Anti-Money Laundering (aml) checks before your offer can be formally accepted.
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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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 2, Waltham Close, Lincoln
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