3-bedroom detached house · LN4 3AA
Listing removedReduced £10k (−3.4%) on 21 JunListed 543 days
Opportunity summary
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About
Pygott and Crone are thrilled to offer this charming stone cottage, ideally located just a short distance from the heart of the highly sought-after village of Metheringham.
The village benefits from a wide range of local amenities, including a convenient train station. Having undergone several recent enhancements, the home is immaculately presented throughout.
The generously sized living space comprises a cozy living room with a log burner, a separate dining room, a modern fitted kitchen, three double bedrooms, and a luxurious, spacious bathroom on the first floor.
To the front, there is a driveway providing plenty of parking, as well as a garage with a newly installed roof. At the rear, you'll find a private, enclosed garden.
This delightful character cottage is not to be missed! Metheringham is a large thriving village with a Doctors and a Veterinary Surgery and a place where family-run businesses can be found throughout.
It has a Cafe; Convenient stores a Co-op in the high street, and a traditional butcher's shop, which has been trading in the village for over 80 years as well as various other shops, restaurants and services.
It has four public houses and a popular Squash Club. The village offers local schools for children of all ages, including the excellent Metheringham Primary School.
The Secondary school is in the catchment area for Branston Community Academy and St Georges Academy as well as the Grammar schools in Sleaford. All consistently rated as 'outstanding' by Ofsted.
There is a train station with a direct link to Lincoln and the new Eastern by-pass allows easy access to the North of the City.
Entrance Hall Lounge 4.17m x 3.38m - 13'8” x 11'1” Dining Room 4.11m x 3.4m - 13'6” x 11'2” Kitchen 3.1m x 3.07m - 10'2” x 10'1” Utility Garden Room 3.35m x 2.29m - 10'12” x 7'6” First Floor Landing Bedroom 1 4.17m x 3.43m - 13'8” x 11'3” Bedroom 2 4.17m x 3.4m - 13'8” x 11'2” Bedroom 3 3.2m x 3.12m - 10'6” x 10'3” Bathroom 3.81m x 3.1m - 12'6” x 10'2” Outside Garage 5.61m x 2.9m - 18'5” x 9'6” Shed 2.69m x 1.8m - 8'10” x 5'11”
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 20, Fen Road, Lincoln
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