2-bedroom bungalow · LN6 0QG
Listing removedListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in an enviable lakeside position at the end of a quiet cul-de-sac to the south of the Cathedral City of Lincoln, this spacious two bedroom detached bungalow offers an exceptional opportunity to create a wonderful home in a truly picturesque setting.
The accommodation comprises an entrance hall, a generous lounge diner, a large conservatory, kitchen, and two double bedrooms, both benefiting from en-suite facilities.
Outside, the property enjoys a driveway providing off-street parking, a single garage, and wraparound gardens that take full advantage of the stunning views across the lakes.
Although the property would benefit from some modernisation, it offers excellent potential, and viewing is highly recommended to fully appreciate its outstanding location and the lifestyle it offers.
No chain.
Situated in an enviable lakeside position at the end of a quiet cul-de-sac to the south of the Cathedral City of Lincoln, this spacious two bedroom detached bungalow offers an exceptional opportunity to create a wonderful home in a truly picturesque setting.
The accommodation comprises an entrance hall, a generous lounge diner, a large conservatory, kitchen, and two double bedrooms, both benefiting from en-suite facilities.
Outside, the property enjoys a driveway providing off-street parking, a single garage, and wraparound gardens that take full advantage of the stunning views across the lakes.
Although the property would benefit from some modernisation, it offers excellent potential, and viewing is highly recommended to fully appreciate its outstanding location and the lifestyle it offers.
No chain.
Location The historic Cathedral and University 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.
Entrance hall With radiator.
Lounge diner 23' 11 (max)" x 16' 0 (max)" (7.29m x 4.88m) With double glazed windows to the front, side and rear aspects, wall hung electric fire, double glazed sliding patio doors to the conservatory and two radiators.
Conservatory With double glazed French doors to the rear garden, air conditioning unit, ceiling fan and tiled flooring.
Kitchen 10' 11" x 10' 2" (3.35m x 3.11m) Fitted with a range of wall and base units with work surfaces over, stainless steel 1 1/2 bowl sink with side drainer and mixer tap over, integrated freezer, spaces for cooker, fridge and washing machine, tiled flooring and splashbacks, radiator and double glazed window to the rear aspect.
Bedroom 1 10' 11" x 11' 3" (3.35m x 3.44m) With double glazed window to the front aspect and radiator.
En-suite bathroom 11' 1" x 5' 1" (3.39m x 1.57m) Fitted with a three piece suite comprising of corner Jacuzzi bath with shower attachment, wash hand basin in a vanity style unit and close coupled WC, tiled walls, radiator and double glazed window to the side aspect.
Bedroom 2 10' 11" x 8' 3" (3.34m x 2.53m) With double glazed window to the rear aspect and radiator.
En-suite shower room 7' 4" x 3' 10" (2.25m x 1.18m) Fitted with a three piece suite comprising of shower cubicle, pedestal wash hand basin and close coupled WC, tiled walls and double glazed window to the rear aspect.
Outside The property sits on a generous plot backing onto lakes. There are wraparound gardens laid mainly to lawn with patio seating areas and mature shrubs, taking advantage of the lake views.
There is a driveway providing off-street parking for multiple vehicles and access to the garage.
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 7, Durham Close, Lincoln
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