2-bedroom detached house · LN5 9BD
Listing removedListed 692 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in this popular residential location just off Brant Road to the South of the Cathedral City of Lincoln, this well presented two bedroom detached bungalow with spacious accommodation comprising of Hall, Lounge, Kitchen Diner, Conservatory, Inner Hall, two Bedrooms and Bathroom.
Outside there is a low maintenance front garden, side driveway, single Garage and low maintenance enclosed rear garden. Viewing of this property is highly recommended. 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 Bishop Grosseteste University.
HALL LOUNGE 18' 0" x 11' 11" (5.49m x 3.65m) With two double glazed windows to the front and side aspects, gas fire inset within a feature fireplace and two radiators.
KITCHEN/DINER 17' 5" x 10' 4" (5.31m x 3.17m) Fitted with a range of wall and base units with work surfaces over, eye level electric oven, gas hob with extractor fan over, spaces for fridge freezer and washing machine, stainless steel 1 1/2 bowl sink with side drainer and mixer tap over, wall mounted gas fired central heating boiler, radiator and double glazed windows to the front and side aspects.
INNER HALLWAY BEDROOM 1 9' 0" x 11' 11" (2.75m x 3.64m) With double glazed window to the rear aspect, two double wardrobes, fitted drawers and radiator.
BEDROOM 2 11' 10" x 8' 11" (3.63m x 2.72m) With double glazed sliding doors to the conservatory, fitted wardrobes and radiator. CONSERVATORY With double glazed sliding doors to the garden.
BATHROOM Fitted with a three piece suite comprising of panelled bath with shower over, close coupled WC and pedestal wash hand basin, part tiled walls, airing cupboard, radiator and double glazed window to the side aspect.
OUTSIDE To the front of the property there is a low maintenance gravelled garden behind low level wall with a driveway to the side providing off street parking for multiple vehicles and access to the single garage.
The garage has up and over door to the front aspect, personal doors to the front and side aspects, double glazed window to the side and light and power.
The rear garden is low maintenance with block paving, gravelled area and raised decked seating area.
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
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FAQ
About Carral Close, Lincoln
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