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 work3-bedroom bungalow · LN6 7JX
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to acquire a three-bedroom detached bungalow offering enormous potential for transformation, ideally situated in a popular and well-connected part of Lincoln.
Whilst the property would perhaps benefit from modernisation, it provides an exciting blank canvas for buyers with vision - whether you're looking to create your ideal home, undertake a comprehensive refurbishment, or explore the potential offered by the property's impressive loft space, subject of course to the necessary permissions.
Internally, the accommodation currently comprises three bedrooms, a spacious living room, kitchen/diner, shower room and a useful sun room, providing a practical layout with plenty of scope for reconfiguration and improvement.
Outside, the property benefits from a lovely-sized garden, together with a garage and driveway, providing valuable off-road parking and further storage.
One of the property's most exciting features is the huge loft space, which could offer significant additional potential for conversion, subject to planning permission and building regulations.
For buyers prepared to take on a project, this could be an opportunity to create a truly individual home tailored to their own requirements.
The existing bungalow already provides well-proportioned accommodation, while the scope for modernisation and potential enlargement makes this a particularly interesting proposition for those looking beyond a conventional move-in-ready property.
Porch Hallway - 5.26m x 3.00m Living Room - 4.22m x 3.33m Kitchen/Diner - 3.20m x 4.65m Bedroom 1 - 3.63m x 3.15m Bedroom 2 - 3.33m x 3.02m Bedroom 3 - 2.11m x 2.11m Shower Room - 2.39m x 2.39m Sun Room - 2.79m x 3.00m Garage - 4.75m x 2.69m - Electric roller door Parking - Driveway to the front of the property Freehold - City of Lincoln Council - Band C EPC Rating: D Location Situated within the popular LN6 area of Lincoln, 22 Astwick Road is ideally positioned for access to a range of everyday amenities, schools and local facilities.
The location combines the convenience of established residential surroundings with easy access to the wider city, making it an attractive proposition for buyers looking to put their own stamp on a property in a well-connected part of Lincoln.
Garden Gardens to the front & rear of the property.
Disclaimer In accordance with current legal requirements, all prospective purchasers are required to undergo an Anti-Money Laundering (aml) check. An administration fee of £40 per property will apply.
This fee is payable after an offer has been accepted and must be settled before a memorandum of sale can be issued.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
.png)
FAQ
About 22 Astwick Road, Lincoln
Explore nearby