3-bedroom detached house · LN8 6AD
Listing removedReduced £19.9k (−6.7%) on 21 JunListed 508 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious and very well presented detached cottage lies in a nice sized corner plot in the village of Ludford, near Market Rasen.
Entrance Hall (17' 10'' x 5' 9'' (5.431m x 1.755m)) UPVC door to front opens into entrance hallway. Stairs to first floor landing, ceiling beam, radiator and coving to ceiling.
Plinth with parquet style flooring drops down to carpeted floor Lounge (11' 7'' x 13' 10'' (3.526m x 4.218m)) UPVC window to front and side, radiator, ceiling beams, traditional fireplace with tiled hearth housing cast iron log burning stove Dining Room (11' 7'' x 14' 0'' (3.541m x 4.265m)) UPVC windows to side and rear, radiator, tiled floor, painted ceiling beams, traditional brick fireplace with quarry tiled hearth housing cast iron log burner.
Open archway to side leads into fitted kitchen Kitchen (10' 1'' x 5' 10'' (3.077m x 1.774m)) UPVC door to side leads to garden area. UPVC window to side.
A range of modern fitted base and wall units incorporating ceramic sink with draining board and mixer tap, integral tall fridge, space for electric oven with overhead extractor, integral washing machine, tiled floor.
First Floor Landing Doors leading to all bedrooms and bathroom suite Bedroom 1 (11' 7'' x 13' 9'' (3.519m x 4.203m)) UPVC window to front, radiator, space for wardrobes Bedroom 2 (11' 7'' x 13' 11'' (3.537m x 4.249m)) UPVC window to front, radiator.
Two double built in storage cupboards.
Bedroom 3 (10' 9'' x 5' 9'' (3.266m x 1.759m)) UPVC, window to front, radiator Bathroom (7' 6'' x 5' 10'' (2.295m x 1.790m)) Opaque uPVC window to rear, panelled bath, pedestal wash basin, close coupled w/c, heated towel radiator, wood flooring, tiled walls, extractor fan Outside There is a gated driveway to the rear of the property providing off road parking, leading to the rear garden which has a block paved pathway and lawned garden, which is private, enclosed by hedges.
There is a good sized wood store and storage shed found at the rear of the garden area.
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 Fourways, Magna Mile, Ludford
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