2-bedroom bungalow · LN3 4AJ
For saleReduced £10.1k (−4.8%) on 10 OctListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well presented two bedroom detached bungalow located in the popular village of Cherry Willingham.
The property is perfectly positioned within walking distance of a wide range of local amenities including a Co-op supermarket, gp surgery, pharmacy, library, local shops, public houses, cafés, takeaways and both primary and secondary schools.
The village also benefits from regular bus services to Lincoln and excellent road links via the Eastern Bypass.
The property further benefits from gas central heating, uPVC double glazing throughout and is being offered for sale with no onward chain.
The accommodation on offer consists off Entrance Hall, Lounge Diner, Kitchen, Two Double Bedrooms, Wet Room and Utility.
Externally to the front the property offers a lawned garden, concrete driveway, with room for two cars and garage located in a separate garage block.
To the rear of the property there is an enclosed lawned garden. EPC rating: D. Entrance/ Utility Room (11'7" x 4'10" (3.53m x 1.47m)) With a window to the side aspect and entrance door.
Fitted with wall and base units with worktops over, space and plumbing for a washing machine and a tumble dryer.
Conservatory (9'6" x 4'10" (2.9m x 1.47m)) With a window to the side aspect and door leading to the rear garden. Hallway Storage cupboard and access to roof space.
Lounge/Diner (19'5" x 9'10" (5.92m x 3m)) With a window to the front and side aspects and radiator. Kitchen (11'0" x 6'10" (3.35m x 2.08m)) With a window to the side aspect.
Fitted with wall and base units with worktops over, sink with drainer unit, freestanding cooker and space for a fridge/freezer.
Bedroom One (12'11" x 10'5" (3.94m x 3.17m)) With a window to the rear aspect and radiator. Bedroom Two (9'6" x 9'0" (2.9m x 2.74m)) With a window to the rear aspect and radiator.
Wet Room (6'3" x 5'6" (1.9m x 1.68m)) With a window to the side aspect, shower, low level wc, wash hand basin and radiator.
Outside Externally to the front the property offers a lawned garden and concrete driveway. With room for two cars. To the rear of the property there is an enclosed lawned garden.
Agents Note These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Newton Fallowell nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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 12, New Crescent, Cherry Willingham
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