We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · LN7 6QN
No longer listedReduced £61k (−23.5%) on 28 AugListed 195 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious detached bungalow in popular town location! In need of modernisation; comprising entrance hall, lounge, kitchen diner, 3 bedrooms and bathroom.
Generous wrap around gardens, extensive driveway and garage!
Viewing advised to fully appreciate with no onward chain Situation Caistor, a historic town in West Lindsey, Lincolnshire, lies on the north-western edge of the Lincolnshire Wolds, an Area of Outstanding Natural Beauty.
It is popular with walkers, being along the Viking Way and one of three 'Walkers are Welcome' towns in the Wolds.
The town features a regular Saturday market and a monthly evening street food market, with independent shops and cafes lining its marketplace.
Notable institutions include Caistor Grammar School and Caistor Yarborough Academy.
Nearby attractions include Wold View Fishery and Caistor Lakes and Leisure Park, known for its award-winning restaurant.
Entrance Hall (1.58m x 5.96m (5'2" x 19'7")) Double glazed entrance door, radiator and roof void access Lounge (6.11m x 3.28m (20'1" x 10'9")) Double glazed window to front aspect, double glazed window to side aspect, radiator and feature fire place Kitchen Diner (4.62m x 2.82m (15'2" x 9'3")) A range of fitted wall and base units, space for cooker, stainless steel sink unit, space and plumbing for washing machine, tiled splash backs, vinyl flooring, radiator double glazed window to side aspect, double glazed window to rear aspect and glazed rear entrance door Bedroom 1 (4.98m x 3.28m (16'4" x 10'9")) Double glazed window to rear aspect, double glazed window to side aspect, radiator and fitted wardrobes Bedroom 2 (3.19m x 3.27m (10'6" x 10'9")) Double glazed window to side aspect, radiator and fitted wardrobes Bedroom 3 (3.17m x 2.47m (10'5" x 8'1")) Double glazed window to front aspect and radiator Bathroom (2.07m x 1.62m (6'9" x 5'4")) 3 piece suite comprising low level WC, pedestal hand wash basin, tiled splash backs, vinyl flooring, radiator and double glazed window to rear aspect Gardens Occupying a generous plot with wrap around gardens, being mostly laid to lawn with planted shrubs Garage (5.42m x 4.86m (17'9" x 15'11")) Electric up and over door, power, lighting, double glazed window to side aspect, double glazed window to rear aspect and rear entrance door Driveway Extensive drive providing ample off road parking for a number of vehicles and hardstanding for a caravan behind lockable gates.
Agents Notes These particulars are for guidance only.
Lovelle Estate Agency, their clients and any joint agents give notice that:- They have no authority to give or make representation/warranties regarding the property, or comment on the services, tenure and right of way of any property.
These particulars do not form part of any contract and must not be relied upon as statements or representation of fact. All measurements/areas are approximate.
The particulars including photographs and plans are for guidance only and are not necessarily comprehensive. Next Steps Successful buyers will be required to complete anti-money laundering checks.
Our partner, Hipla, will carry out the initial checks on our behalf. The current non-refundable cost is £24 inc. VAT per person.
You’ll need to pay this and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring that might be required.
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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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.
Area
Agent & docs
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FAQ
About 32, North Kelsey Road, Caistor
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