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 work2-bedroom bungalow · LN4 3DG
For saleReduced £10k (−4.3%) on 24 JulListed 153 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-maintained two-bedroom semi-detached bungalow situated in the sought after village of Metheringham, offering spacious and versatile single-storey accommodation ideal for a range of buyers.
The property benefits from a detached garage, ample off-road parking, and a superb workshop located at the bottom of the garden, perfect for hobbies, storage, or those potentially seeking a work from space.
The accommodation briefly comprises an entrance hall, spacious lounge, fitted kitchen, two well-proportioned bedrooms, and a family bathroom with separate shower.
Externally, the property enjoys generous front and rear gardens, with the rear garden providing access to the detached garage and the excellent workshop space, adding further practicality and versatility to the home.
Metheringham is a well-served and highly regarded village located to the south-east of Lincoln, offering a range of local amenities including shops, pubs, cafés, schooling, and a railway station with direct links to Lincoln, Sleaford, and beyond.
Agents Note: The property is accessed via a shared driveway, with any maintenance costs split with no.61.
Entrance Porch Entrance Hall Lounge 4.02m x 3.78m - 13'2” x 12'5” Kitchen 5.62m x 2.64m - 18'5” x 8'8” Bedroom 1 3.81m x 3.01m - 12'6” x 9'11” Bedroom 2 3.26m x 3.04m - 10'8” x 9'12” Bathroom 2.99m x 2.2m - 9'10” x 7'3” Outside Garage 11.5m x 2.83m - 37'9” x 9'3” Garage/ Workshop 6.76m x 4.75m - 22'2” x 15'7”
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.
Area
Agent & docs
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FAQ
About 59, Sleaford Road, Lincoln
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