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 house · LN5 9WP
Listing removedListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb opportunity to purchase this brand new 3 bedroom property in the popular village of Waddington Available on a shared ownership basis, this is great way to make your next home purchase more affordable.
Situated in the highly sought-after village of Waddington, this well-proportioned three-bedroom semi-detached home is available to purchase on a shared ownership basis, presenting an excellent opportunity for first-time buyers and growing families to step onto the property ladder.
The accommodation is thoughtfully arranged over two floors and offers a practical layout designed for modern family living.
The ground floor comprises a welcoming entrance hall with useful understairs storage, a bright and spacious living room providing an ideal space to relax and entertain, and a generously sized kitchen with room for dining.
A convenient ground floor WC further enhances the practicality of the home, while a rear entrance offers direct access to the garden.
To the first floor, The landing provides access to three well-proportioned bedrooms, including a generous principal bedroom.
The remaining two bedrooms are ideal as children's rooms, guest accommodation or a home office, offering flexibility to suit a variety of lifestyles.
Completing the first floor is a family bathroom fitted with a bath, wash hand basin and WC, together with an additional storage cupboard off the landing.
Externally, the property benefits from an enclosed garden and offers all the advantages of village living whilst remaining within easy reach of Lincoln city centre.
Waddington is a popular and well-served village, offering a range of local amenities including shops, schools, pubs and cafés, together with excellent transport links and easy access to the A607 and A15.
Local Area Waddington is one of Lincolnshire's most desirable villages, located approximately four miles south of the historic Cathedral City of Lincoln.
Renowned for its strong sense of community and excellent range of local amenities, the village offers a selection of shops, cafés, public houses, a pharmacy, doctor's surgery and highly regarded primary schooling, with secondary education available nearby.
Waddington also benefits from regular public transport links into Lincoln, whilst the nearby A607 and A15 provide convenient road connections to the city, neighbouring villages and beyond.
Surrounded by attractive Lincolnshire countryside yet offering easy access to both urban amenities and major transport routes, Waddington remains a particularly popular choice for families, professionals and those seeking a well-connected village lifestyle.
Shared Ownership The price of £70,000 is for a 25% share in the property, with different share amounts available subject to affordability.
Based on a 25% share there is a monthly rent of £481.25, and monthly service charge of £32.66. Interested parties are requested to complete a short financial assessment prior to application.
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 23, Marhsall Drive, Waddington
Explore nearby