3-bedroom semi-detached house · LN13 9BD
For saleListed 265 days
Opportunity summary
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About
An opportunity to renovate a family home which offers two reception rooms, shower room, off-road parking, concrete sectional garage and generous gardens to the front and rear.
Benefitting from uPVC double glazing some with additional secondary glazed units, solid fuel and electric heating, low Council Tax banding and no onward chain, this property situated in the popular Market Town of Alford within walking distance of several schools and the local amenities.
Front Of Property - With wide concrete drive leading to concrete sectional garage with up and over door, gardens set to lawns, outside lighting, wall tap, pedestrian gate to the right of the property and boundaries of hedging and fencing.
Entrance Hallway - 3.9m x 1.9m max (12'9" x 6'2" max) - With built-in full height storage cupboard (1.9m x 0.4m), electric storage heater, external partially glazed uPVC door to the front of the property and carpeted flooring.
Dining Room - 3.2m max x 3.8m (10'5" max x 12'5") - Chimney breast with open fire, hearth and mantle with adjoining low level storage to one side, sliding patio door to the rear garden and carpeted flooring.
Living Room - 4.3m max x 3.8m (14'1" max x 12'5") - Chimney breast with open fire, hearth and mantle, built-in storage cupboards to the side of the chimney breast, window with aspects over the rear garden and carpeted flooring.
Galley Kitchen - 2.6m x 1.9m (8'6" x 6'2" ) - With a range of wall and base units, sink with two taps and drainer, space and socket for freestanding electric cooker, space and plumbing for washing machine, window to the front of the property and vinyl flooring.
Under Stairs Pantry - 1.3m x 0.9m (4'3" x 2'11") - With shelving, window to the front of the property and vinyl flooring.
Side Porch - 2.1m x 0.9m (6'10" x 2'11") - With uPVC external door and carpeted flooring. Storage Room - 1.8m x 2.7m (5'10" x 8'10") - With window to the rear of the property and carpeted flooring.
Wc - 1.7m x 0.8m (5'6" x 2'7") - With WC, window to the side of the property and carpeted flooring. Coal House - 1.7m x 1.0m (5'6" x 3'3") - With lighting and concrete flooring.
First Floor Landing - 2.5m x 1.9m (8'2" x 6'2") - With electric wall mounted heater, loft access, window to the front of the property and carpeted flooring.
Bedroom One - 4.2m x3.0m (13'9" x9'10") - With chimney breast wall, window overlooking the rear garden and carpeted flooring.
Bedroom Two - 3.2m x 3.8m (10'5" x 12'5") - With chimney breast wall, full height airing cupboard housing immersion tank (0.9m x 1.0m), window to the rear of the property and carpeted flooring.
Bedroom Three - 3.0m max x 2.7m (9'10" max x 8'10") - With built-in wardrobe, window to the front of the property and carpeted flooring.
Shower Room - 1.8m x 1.9m (5'10" x 6'2") - With WC, wash basin, shower cubicle with electric shower, partially tiled walls, window to the front of the property and carpeted flooring.
Rear Garden - Set to lawns with an area of patio, mature shrubs, plants and small trees, greenhouse, small shed and boundaries of fencing.
Tenure & Possession - The property is Freehold with vacant possession upon completion. Services - We understand that mains electricity, water and drainage are connected to the property.
Heating is via solid fuel fire and electric heaters.
Local Authority - Council Tax Band 'A' payable to Local Authority: East Lindsey District Council, The Hub, Mareham Road, Horncastle, Lincs, LN9 6PH. Tel: .
Energy Performance Certificate - The property has an energy rating of 'D'.
The full report is available from the agents or by visiting Reference Number: 9896-3051-0206-1445-5200 Viewing - Viewing is strictly by appointment with the Alford office at the address shown below.
Directions - From the main A16 between Louth and Boston, at the Ulceby Cross roundabout take the A1104 towards the town of Alford.
On passing the Grammar School, take the second right into Parsons Lane. Continue to the junction and turn right then immediately left onto the second part of Parsons Lane.
The property can be found on the right after 65m. What3words///intruded.eats.gazes
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.
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FAQ
About Parsons Lane, Alford
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