2-bedroom terraced house · LN3 4GW
Listing removedListed 404 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property has been well cared for and in brief offers a professionally decorated modern home internally comprising a large open plan living kitchen, ground floor WC, two double bedrooms and bathroom.
Entering the property you have a neutrally finished hall with space for the storage of coats and shoes before heading into the main space, to the right is a ground floor WC fitted with wash basin and toilet.
Moving into the main space the property boasts an impressive open plan living kitchen with distinct zones extending then into the garden by patio doors to one end.
The kitchen itself is of a modern style with matt finish grey cabinetry and light coloured worktops, the appliances include the integrated oven, gas hob, extractor fan, fridge-freezer, washing machine and dishwasher.
Stairs ascend to the first floor where the property boasts two double bedrooms with brand new carpets, both of which would comfortably accommodate a range of bedroom furniture and include integrated storage.
The family bathroom again of a modern style features a white suite with bath and shower over, glass shower screen, wash basin and toilet, all finished with feature tile cladding the bath and shower area and light wood coloured flooring.
Externally the home has parking to the front and is set back from the footpath by a fenced area, to the rear is a fully enclosed garden with a paved patio area directly off of the living space and an area laid to lawn.
The property can also be accessed via the side gate and prviate pathway down the side. This property also boasts 2 allocated parking spaces. Location!
Being positioned within easy reach of Cherry Willingham and Lincoln the property has both city and village amenities close by.
The area is popular with commuters and families with travel links including the A158 and A15 easily accessible.
Open plan living 8.8m x 4.62m Bright and modern space with patio doors into the garden. Kitchen fitting include matt grey cabinetry, light coloured worktops and integrated appliances.
Bedroom one 3.93m x 3.2m Double bedroom with integrated storage to one wall. Two double glazed windows to the front of the property.
Bedroom two 3.94m x 2.8m Double bedroom to the rear of the property, integrated wardrobes along one wall.
Bathroom 2.44m x 2.32m Family style bathroom with bath and shower over, toilet and wash basin. Finishes include glass shower screen, feature tiles and wood affect flooring.
Value & comps
No previous sales on record.
Returns
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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 Cherry Paddocks, Cherry Willingham, Lincoln, Lincolnshire, LN3
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