2-bedroom detached house · LN4 4TU
Listing removedListed 203 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two bedroom bungalow pleasantly situated within this well serviced Lincolnshire village.
The property is enhanced by stylish breakfast kitchen, off street parking, garage and enclosed rear garden. The shopping and social facilities are all within easy walking distance.
Accommodation - Entrance into the property is gained through a uPVC door leading into: Reception Hall - With built-in airing cupboard, coved ceiling, radiator, power points and doors leading to accommodation including: Living Room - 14' 10'' x 11' 5'' (4.52m x 3.48m) - With front aspect and having electric fire set to stone surround.
There are coved ceilings, radiator and power points.
Breakfast Kitchen - 13' 10'' x 8' 2'' (4.21m x 2.49m) - With front aspect and having a stylish suite comprising stainless steel one and a half sink drainer inset to worksurface over base units including space and plumbing for washing machine.
There is a slot-in electric cooker, wall mounted cupboards above and filter hood over the cooker. There is wood effect flooring, radiator, power points and door to side of property.
Bedroom 1 - 10' 11'' x 11' 4'' (3.32m x 3.45m) - Overlooking the rear garden and having full height fitted wardrobes, coved ceiling, radiator and power points.
Bedroom 2 - 9' 9'' x 8' 11'' (2.97m x 2.72m) - With views over the rear garden and having coved ceiling, radiator and power points.
Bathroom - With a white suite comprising panelled bath with shower over, pedestal wash hand basin and a low-level WC and radiator.
Outside - The property is approached over a driveway providing ample parking for several vehicles and leads to Detached Garage 16' 2'' x 8' 6'' (4.92m x 2.59m) having electric opening door, power, lighting and uPVC service door to the side.
The remaining front garden is laid to lawn. The rear garden is laid to lawn.
Further Information - East Lindsey District Council Tax band: B EPC Rating: D SERVICES: The agents would like to point out that the services of this property have not been checked and this matter is left to the prospective purchaser to make appropriate further enquiries.
VIEWING: By arrangement with the agent's Woodhall Spa Office. 19 Station Road, Woodhall Spa. LN10 6QL. Tel: Email: ; Website: Brochure prepared 17.09.2024
Value & comps
No previous sales on record.
Returns
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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 6 Lancaster Drive, Coningsby
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