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See how verdicts work2-bedroom house · DN21 5HP
Listing removedReduced £10.1k (−6.1%) on 18 JulListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Reference RF0897 - A well presented 2 bedroom traditional semi detached house located in the ever popular village of Lea.
Properties in this well regarded area are very rare to find and always prove popular with both local buyers and those wishing to commute to Lincoln thanks to it's geographical location.
The property occupies an enviable cul de sac position and is offered with no chain for ease of purchase.
Accommodation briefly comprises of an entrance area, separate living room, spacious modern family kitchen, 2 bedrooms and a family bathroom.
The property comes equipped with gas central heating and upvc double glazing. Gardens are offered to both front and rear with formal lawns and paved entertaining areas.
A double width driveway facilitates off street parking to the rear. Lea comes equipped with a popular primary school and offers the beautiful outside space know as Lea Park.
Upvc double glazed door to the Entrance area. With wood finish flooring, stairway to the 1st floor, radiator. Living Room. 13'3'' x 12'10'' With upvc double glazed window to the front elevation.
Radiator, wood finish flooring, radiator, fire recess and useful understairs store cupboard hosting the gas combination boiler. Spacious living kitchen.
15'4'' x 15'4'' With range of modern walnut finish units to the base and high level with complimenting rolled edge work surface and inset stainless steel 1 1/2 bowl single drainer sink unit.
Range of fitted appliances including a fitted fridge, freezer, stainless steel oven, 4 ring hob and extractor fan over. Plumbing for a washing machine and space for a dryer.
Upvc double glazed window and door to the rear garden. Recessed spot lights, radiator and ample room for a dining table. Landing.
With upvc double glazed window to the side elevation and a loft hatch giving access to the internal roof void. Bedroom 1.
16'8'' x 10'0'' With appealing rural views to the front/side via 2 upvc double glazed window. Radiator. Bedroom 2. 11'8'' x 8'6'' With upvc double glazed window to the rear elevation. Radiator.
Spacious family bathroom. 8'9'' X 7'7'' With 3 piece suite comprising of a low level wc, wash hand basin and panel bath with shower facility over.
Upvc double glazed window to the rear elevation, chrome finish heated towel radiator, tiled flooring and matching tiles to the suite area. Outside.
The property occupies an enviable location in a cul de sac position within the much sought after village of Lea. Formal gardens are offered to the front with privet hedging to aid privacy.
Access can be made to the rear garden via the side of the property where a well laid out outside space is provided with formal lawns, paved patio areas and privet hedging to aid privacy.
A double width driveway facilitates off street parking to the rear. Lea is a well regarded residential area with the beautiful Lea Park on hand.
Lea also offers a popular primary school and is a popular village with those wishing to commute to Lincoln thanks to it's geographical location.
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
Agent & docs
FAQ
About 18, The Crescent, Gainsborough
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