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See how verdicts work3-bedroom house · LN4 3EJ
For saleReduced £5k (−2.3%) on 29 SepListed 213 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sold with no onward chain! Starkey&Brown is delighted to offer for sale this three-bedroom semi-detached property positioned on Alfred Avenue within the popular village of Metheringham.
The property is in need of refurbishment throughout and offers spacious living and excellent potential, making it an ideal opportunity for buyers looking to modernise and add value.
Accommodation briefly comprises an entrance hall, a generous lounge diner with a log-burner, a kitchen, a useful lobby running from the front to the rear of the property, along with a storage room which offers potential to convert or further development (subject to necessary planning permissions).
Rising to the first floor, there are three bedrooms, two of which are doubles and a single bedroom with a built-in storage cupboard, a separate WC, and a family bathroom.
Further benefits include gas central heating and fully uPVC double-glazing throughout. Externally, the property benefits from ample driveway parking and a lawned area to the front.
To the rear of the property, there is a generous garden providing great outdoor space.
The village of Metheringham is well regarded, offering a wide range of local amenities including a primary school, shops, a doctor's surgery, and a regular bus service to the city of Lincoln and a train station with direct links to Lincoln, Sleaford, and Grantham.
Council tax band: A. Freehold. UPVC Composite Door Leading To: Entrance Hall Staircase to the first floor and carpeted.
Access to: Lounge Diner (21' 9'' x 12' 5'' (6.62m x 3.78m)) A uPVC double-glazed window to the front and rear aspects, a coved ceiling, two radiators, and a log-burner with a brick mantle.
Access to: Kitchen (12' 2'' x 8' 7'' max (3.71m x 2.61m)) Having a range of base and wall units with countertops, space for a freestanding oven, space for a fridge freezer, space and plumbing for a washing machine, a stainless steel sink with mixer tap, tiled walls, tiled flooring, a uPVC double-glazed window to the rear aspect, a coved ceiling, and an understairs pantry.
Access to: Lobby A uPVC door to the front of the property, electric sockets, and carpeted.
Access to: Storage Room Currently being used for storage, however has potential to be converted - subject to planning. First Floor Landing Airing cupboard with shelving and an Ideal boiler - serviced.
Carpeted, a radiator, and a uPVC double-glazed window to the side. Access to bedrooms.
Bedroom 1 (14' 4'' x 12' 8'' (4.37m x 3.86m)) Having a uPVC double-glazed window to the front aspect, carpeted, and a radiator.
Bedroom 2 (12' 8'' x 8' 11'' (3.86m x 2.72m)) Having dual uPVC double-glazed windows to the rear aspect, carpeted, a radiator, and loft access - boarded, ladder, and controls for the solar panels.
Bedroom 3 (8' 2'' x 7' 8'' (2.49m x 2.34m)) Having dual uPVC double-glazed windows to the front aspect, carpeted, a radiator, three fitted storage/wardrobes with shelving.
Bathroom Panelled bath with an overhead shower, a wash hand basin, a frosted double-glazed window to the rear aspect, tiled walls, carpeted, and a radiator.
Separate WC Low-level WC, a frosted double-glazed window to the rear, and carpeted. Outside Front Concrete driveway parking for multiple vehicles, a lawned area.
Access to the lobby from the side aspect. Outside Rear Fenced surround, several timber-built sheds, a patio area, and a lawned area. Agents Note There are solar panels owned outright.
The current seller was selling to the grid; there is no paperwork.
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
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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
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FAQ
About 51, Alfred Avenue, Lincoln
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