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See how verdicts work2-bedroom bungalow · LN8 2HN
For saleListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the pleasant Lincolnshire village of Owmby-by-Spital, this generously proportioned two-bedroom detached bungalow offers approximately 1,394 sq. Ft.
Of versatile accommodation, with an excellent range of reception spaces, a conservatory and integral garage.
The accommodation is centred around a particularly spacious lounge, measuring approximately 18’0” x 16’3”, providing an excellent main living space featuring a log burner and opening towards the conservatory at the rear.
Measuring approximately 13’5” x 10’4”, the conservatory provides an additional reception area with doors leading out towards the garden.
A separate dining room offers plenty of space for entertaining and family dining, while the property also benefits from a dedicated study, ideal for anyone working from home or looking for additional flexible living space.
The kitchen is complemented by a separate utility room, providing useful additional storage and practicality.
There are two well-proportioned double bedrooms, with Bedroom One measuring approximately 11’10” x 11’9” and Bedroom Two approximately 11’9” x 8’8”.
The accommodation is completed by both a family bathroom and en suite shower room, a particularly useful feature for a two-bedroom bungalow.
Externally, the property benefits from an integral garage, providing secure parking or useful storage, together with further outside space.
Owmby-by-Spital is an attractive rural Lincolnshire village, centred around its historic St Peter & St Paul Church, with the surrounding area offering a traditional village setting and access to neighbouring village amenities with good connections to the Tourist City of Lincoln, the Lincolnshire Wolds and Market Rasen.
Offering an excellent amount of accommodation on one level, this detached bungalow would be particularly well suited to buyers looking for spacious and versatile single-storey living in a village location.
Viewing is highly recommended to appreciate the size and potential of the accommodation on offer.
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
FAQ
About Somersby,, Church Lane, Market Rasen
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