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See how verdicts work3-bedroom flat · LN10 6NA
Sold STCListed 162 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with NO UPWARD CHAIN, this centrally located first-floor apartment offers deceptively spacious accommodation that can only be fully appreciated through internal inspection.
The property features three generous double bedrooms, including a principal bedroom with en-suite facilities, together with a bright and spacious lounge/dining area with access to a private balcony.
Further benefits include an allocated parking space, additional visitor parking, and a highly convenient village-centre location, ideally placed for the excellent local amenities and facilities.
GROUND FLOOR COMMUNAL ENTRANCE HALL With staircase to first and second floors.
ENTRANCE LOBBY With door to INNER HALL having night storage heater, smoke detector, internal telephone intercom, built-in airing cupboard housing the pre-lagged hot water tank with immersion heater fitted.
LOUNGE AREA 17' 9" x 11' 9" (5.41m x 3.58m) Having night storage heater, wall lights, TV and telephone points, double doors to the BALCONY and open access into the: DINING AREA 15' 8" x 9' 3" (4.78m x 2.82m) With night storage heater.
BREAKFAST KITCHEN 13' 9" x 8' 5" (4.19m x 2.57m) Having stainless steel 1½ bowl single drainer sink unit with mixer taps and range of base cupboards and drawers under worktops with matching wall cupboards over and concealed lights.
Built-in electric oven and grill, four ring ceramic electric hob with extractor fan and light over, integral dishwasher, plumbing for washing machine, integral fridge and freezer, night storage heater.
BEDROOM ONE 12' 8" x 12' 6" (3.86m x 3.81m) (Average) With night storage heater, TV aerial point and two double built-in wardrobes.
EN-SUITE BATHROOM 8' 4" x 7' 6" (2.54m x 2.29m) Having panelled bath, corner shower cubicle, pedestal hand basin and low level WC.
Fully tiled walls, heated towel rail, extractor fan and electric wall heater.
BEDROOM TWO 11' 4" x 9' 7" (3.45m x 2.92m) Having electric night storage heater, two double built-in wardrobes, TV aerial point.
BEDROOM THREE 11' 1" x 8' 5" (3.38m x 2.57m) Having electric night storage heater, built-in double and single wardrobes.
BATHROOM 9' 6" x 8' 8" (2.9m x 2.64m) Having panelled bath, corner shower cubicle, pedestal hand basin and low level WC. Fully tiled walls, extractor fan, heated towel rail, electric wall fan heater.
OUTSIDE To the rear of the apartment is an allocated PARKING SPACE, together with visitor parking. OUTGOINGS - The property is situated within the East Lindsey District Council. Property Band C.
POSSESSION - Vacant possession will be given on completion. The property is LEASEHOLD and the annual maintenance and service charge, including the ground rent is £2,381.68 - to 31/12/26.
The property is held on a 999 year lease, please note that the lease states no dogs are permitted at the property.
FIXTURES AND FITTINGS - All those detailed are included in the sale as are the fitted carpets. VIEWING - Strictly and only by prior appointment to be made through the Sole Selling Agent - Walters.
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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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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About Bennetts Mill Close, Woodhall Spa
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