4-bedroom house · LN1 2WP
Sold STCListed 164 days
Opportunity summary
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About
LOCATION Burton Waters is an exclusive Marina and residential development laying just to the West of the Cathedral City of Lincoln.
Quality, style and security are at the forefront, including 24-hour manned security station with CCTV.
Facilities on the site include shops, solicitors, the Woodcocks pub and restaurant, Harbour Lights floating restaurant, Indian restaurant, beauticians and the David Lloyd Sports Centre adjacent to Burton Waters.
The development offers a serene lifestyle with easy access to water based activities, making it a desirable place for those who enjoy boating and waterfront living.
The historic Cathedral City of Lincoln has the usual High Street shops and department stores, plus banking and allied facilities, multiplex cinema, Marina and Art Gallery.
The famous Steep Hill leads to the Uphill area of Lincoln and the Bailgate, with its quaint boutiques and bistros, the Castle, Cathedral and renowned Lincoln Bishop University.
A well-positioned four bedroom townhouse, located within the highly sought-after Burton Waters development and enjoying fantastic views over both the marina and surrounding woodland.
Offered for sale with no onward chain, the property provides spacious and versatile accommodation set across three floors, ideal for modern family living.
The accommodation comprises of an entrance hallway, ground floor bedroom/family room, shower room and utility.
To the first floor there is a lounge with balcony overlooking the marina, kitchen diner and WC.
To the second floor there are three further bedrooms, with the principal bedroom benefitting from an en-suite and balcony, alongside a family bathroom.
ENTRANCE HALL Accessed via a UPVC door with frosted glazing and side window, tiled flooring, radiator, stairs rising to the first floor and internal access to the integral garage.
BEDROOM 4 / FAMILY ROOM 11' 9" x 10' 5" (3.58m x 3.18m) A versatile ground floor room, suitable as a bedroom, dining room or additional reception space, laminate flooring, radiator and UPVC French doors opening directly onto the rear garden.
SHOWER ROOM Fitted with a three piece suite comprising shower cubicle, WC and wash hand basin, tiled splashbacks, lino flooring, radiator and extractor.
UTILITY ROOM 7' 9" x 6' 3" (2.36m x 1.91m) A practical space with laminate flooring, stainless steel sink with drainer and mixer tap, plumbing for washing machine and tumble dryer, radiator and UPVC door providing access to the rear garden.
FIRST FLOOR LANDING With radiator and stairs rising to the second floor.
LOUNGE 17' x 11' 9" (5.18m x 3.58m) A spacious reception room enjoying elevated views over the Marina, UPVC double glazed window and sliding doors opening onto a balcony.
Featuring a fireplace, radiator and double glazed double doors leading through to the kitchen diner.
KITCHEN/DINER 18' 8" x 10' 4" (5.69m x 3.15m) Fitted with a range of wall and base units with work surfaces over, incorporating an eye-level double oven, electric hob with extractor over, integrated fridge, freezer and dishwasher and a 1 ½ bowl stainless steel sink with mixer tap, tiled flooring and splashbacks, radiator and UPVC double glazed window to the front aspect, offering space for dining.
WC Fitted with WC and wash hand basin, tiled splashbacks, lino flooring and frosted UPVC double glazed window.
SECOND FLOOR LANDING Providing access to three bedrooms, family bathroom, airing cupboard housing the hot water cylinder and loft access.
BEDROOM 1 17 max' x 11' 10 max" (5.18m x 3.61m) ) A generous principal bedroom with laminate flooring, two radiators, access to En-suite and sliding doors opening onto a private balcony with views over the Marina.
EN-SUITE Fitted with a three piece suite comprising shower cubicle, WC and wash hand basin, tiled flooring and splashbacks, radiator and extractor.
BEDROOM 2 11' 9" x 10' 5 max" (3.58m x 3.18m) A double bedroom with UPVC double glazed window, laminate flooring and radiator BEDROOM 3 8' 3" x 7' 8" (2.51m x 2.34m) A further bedroom with UPVC double glazed window to the front aspect, laminate flooring and radiator, suitable as a guest room, nursery or home office.
FAMILY BATHROOM Fitted with a four piece suite comprising bath with shower attachment, separate shower cubicle, WC and wash hand basin, tiled flooring and splashbacks, chrome heated towel rail and extractor.
GARAGE 18' 1" x 10' 5" (5.51m x 3.18m) Integral single garage with manual up and over door, power and lighting, also housing the wall-mounted gas boiler, with internal access from the hallway.
OUTSIDE To the rear, there is a low maintenance garden with a slabbed patio seating area and lawn, backing onto green space and enjoying a pleasant open aspect.
To the front, the property benefits from a driveway providing off-street parking for multiple vehicles, alongside a lawned frontage and direct access to the integral garage.
LEASEHOLD INFORMATION Length of Lease - TBC Years Remaining on Lease - TBC Annual Ground Rent - TBC Ground Rent Reviewed - TBC Annual Service Charge Amount - TBC Service Charge Reviewed - TBC All figures should be checked with the Vendor/Solicitor prior to Exchange of Contracts and completion of the sale.
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.
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