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 work2-bedroom house · LN6 3PB
Listing removedReduced £5k (−3.7%) on 21 JunListed 188 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***attention first time buyers & investors*** Welcome to 33 Stenigot Close.
This Two bedroom Semi-Detached property requires modernisation throughout but would be an ideal purchase for buyers who are looking for their next project and to make a property their own.
Situated within the highly sought after location of Doddington Park to the South of Lincoln City Centre. Briefly comprising; Lounge, Kitchen, Two Bedrooms, Bathroom.
Externally benefitting from a Driveway and a fully enclosed and private rear garden. This is a must view and prompt viewing is advised.
Freehold/City of Lincoln Council-Band A/EPC Grade C Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
LIN260254/8 Auctioneer Comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the (truncated) Lounge (3.35m x 4.38m) Well sized bay fronted lounge comprising carpet flooring, radiator, television aerial point, entrance door to the side aspect, ascending stairs to the first floor landing, gas fire with a feature surround and a double glazed bay window to the front aspect Kitchen (2.19m x 3.35m) Fitted kitchen hosting a range of wall and base units with contrasting work surfaces, sink and drainer unit, free standing cooker, tile splashbacks, space and plumbing for a washing machine, breakfast bar, uPVC door to the rear aspect and a double glazed window to the rear aspect.
Landing With carpet flooring, loft access, storage cupboard and an airing cupboard home to the gas central heating boiler.
Bedroom 1 (3.35m x 2.48m) Double bedroom hosting carpet flooring, radiator and two double glazed windows to the front aspect.
Bedroom 2 (1.88m x 2.25m) Single bedroom hosting laminate flooring and a double glazed window to the rear aspect.
Bathroom (2.45m x 1.4m) Hosting a panelled bath with an overhead shower, low level WC, pedestal wash hand basin, radiator, tile splashbacks and a double glazed window to the side aspect.
Gardens The front and side aspect of the property hosts a gravel driveway providing ample off street parking and a secure timber gate leading to the rear garden.
The low maintenance and private rear garden is laid to low level and raised patio with a timber shed, all of which is enclosed in close board fencing. Tenure Freehold Lincoln City Council Tax Band A
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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.
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FAQ
About 33, Stenigot Close, Lincolnshire
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