2-bedroom flat · LN10 6QJ
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stylish apartment set to the heart of this most sought after of Lincolnshire villages providing a wide range of versatile accommodation over two floors including two bedrooms, en-suite to main bedroom, living room and dual aspect kitchen diner overlooking Royal Square.
The apartment has allocated parking, lift to first floor and is ideally positioned to enjoy the many attractions within a short walk away.
Viewing is highly recommended to fully appreciate the setting on offer.
Accommodation - Entrance into the apartments is via a glazed panel door into: Communal Entrance - With elevator and staircase to: First Floor - Communal Hallway - With timber door leading to Flat B.
Reception Hall - Having staircase to first floor, built-in storage cupboard, radiator, power points and door to: Cloakroom - With a low-level WC, wash hand basin and radiator.
Kitchen Diner - A most appealing triple aspect room overlooking Royal Square and Tattershall Road.
This irregular shaped room has a range of fitted units comprising one and a half stainless steel sink drainer inset to ample worksurface over matching base units including integral washing machine, dishwasher, fridge and freezer.
To one end there is a four ring gas hob, electric double oven, wall-mounted cupboards above and filter hood over hob. Lounge - 17'5" x 12' - With views over the village, radiator and power points.
Upper Floor Landing - With built-in storage cupbaord and door to: Bedroom 1 - 17'6" x 12' - With front aspect and having sloping ceilings radiator, power points and door to: En-Suite - Having a white suite comprising tiled shower cubicle, pedestal wash hand basin and a low-level WC.
There is a deep built-in wardrobe with hanging rails, shelving and sliding mirrored doors. Bedroom 2 - 17'8" x 11'1" - An irregular shaped room with Velux window, radiator and power points.
Bathroom - With a white suite comprising paneled bath with shower over, pedestal wash hand basin and a low-level WC. There a heated towel rail and extractor fan.
Outside - The property has allocated parking to the rear. Further Information - LEASEHOLD East Lindsey District Council – Tax band: C EPC Rating: C
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Flat B, Goodyear House, Tattershall Road, Woodhall Spa
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