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See how verdicts work2-bedroom house · LN3 5TB
For saleReduced £10k (−4%) on 26 OctListed 180 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION An extended and improved Semi-Detached House situated in the rural village of Southrey.
The property is within a short drive of the nearby village of Bardney and offers access to the market town of Horncastle, the village of Woodhall Spa, and the Cathedral City of Lincoln.
Internally, the property provides versatile living accommodation.
An Entrance Hall gives access to the Lounge and a Ground Floor Bathroom, offering the potential for a ground floor bedroom if required.
The Hallway also leads through to a Sitting Room with stairs rising to the First Floor, and access into the extended Open Plan Kitchen Diner.
The kitchen is fitted with a modern range of units with integrated appliances and provides space for dining, with views over the rear garden.
To the First Floor, the Landing gives access to Two Double Bedrooms and a Bathroom. Externally, the property occupies a generous plot.
To the front there is a driveway providing off-road parking and access to a detached garage. To the rear are maintained and established gardens. The property is being sold with No Onward Chain.
LOCATION Located in this semi rural village of Southery close to the popular village of Bardney.
Bardney offers a Co-op, two public houses, butchers, post office, Doctors' Surgery, pharmacy, church and riverside walks along the river Witham. Services Mains water, electricity and drainage.
Heating is predominantly via night storage heaters, with partial LPG gas central heating.
ENTRANCE HALL With UPVC double glazed external door, spotlighting, night storage heater and cupboard housing gas-fired central heating boiler.
LOUNGE 14' 10" x 12' 0" (4.52m x 3.66m) With UPVC double glazed windows and sliding doors, gas fire and radiator.
BATHROOM 6' 1" x 5' 10" (1.85m x 1.78m) With UPVC double glazed window, tiled flooring, fully tiled walls, low level WC, wash hand basin, bath with shower over, vertical radiator, spotlighting, electric fan heater and access to roof void.
SITTING ROOM 12' 4" x 11' 8" (3.76m x 3.56m) With UPVC double glazed bay window and night storage heater.
KITCHEN/DINER 15' 11" x 13' 10" (4.85m x 4.22m) With UPVC double glazed windows and external door.
Fitted with a range of wall, drawer and base units with work surfaces over, stainless steel sink, integrated oven and ceramic hob, integrated fridge and dishwasher, night storage heater and under stairs storage cupboard.
FIRST FLOOR LANDING With UPVC double glazed window. BEDROOM 1 12' 4" x 11' 11" (3.76m x 3.63m) With UPVC double glazed window and night storage heater.
BEDROOM 2 12' 4" x 8' 5" (3.76m x 2.57m) With UPVC double glazed window and night storage heater.
BATHROOM 11' 7" x 5' 9" (3.53m x 1.75m) With UPVC double glazed window, vinyl flooring, low level WC, wash hand basin, bath with shower over, electric heated towel rail, night storage heater, fully tiled walls and spotlighting.
OUTSIDE The property is situated on a generous plot. To the front there is a driveway providing off-road parking and access to a detached garage.
The rear gardens are maintained and established, offering a good level of outdoor space.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 High Thorpe, Southrey, Lincoln
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