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See how verdicts work3-bedroom bungalow · LN4 3SS
For saleListed 191 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious, well-maintained three-bedroom detached bungalow, with double garage and gardens to the front and rear.
The property boasts a large open-plan lounge diner; with serving hatch through to the spacious breakfast kitchen.
Complete with side porch/utility room and family bathroom; the property enjoys a lawned front garden and paved patio seating to the rear, south-west facing, alongside a vegetable patch.
NO ONWARD CHAIN.
Accommodation - Entered into the front through uPVC double glazed obscure door with leaded and coloured glass into: Hallway - With radiator, loft access hatch, power points and telephone point.
There is a built-in airing cupboard and doors to accommodation including: Lounge - 16' 0'' x 12' 5'' (4.87m x 3.78m) - with uPVC double glazed window to front and having electric fire set to brick and stone surround, radiator, television point, power points and open archway to: Dining Room - 11' 0'' x 7' 0'' (3.35m x 2.13m) - With uPVC double glazed window to side and having radiator and power points.
Breakfast Kitchen - 18' 0'' x 8' 8'' (5.48m x 2.64m) - With uPVC double glazed windows to side and rear and having a good range of oak fronted units to base and wall levels; sink and drainer set to wood edged worktop with space and connections for electric cooker, under counter washing machine and dryer and upright fridge-freezer.
There is a radiator, power points and wooden single glazed door to: Side Porch/Utility Room - 8' 4'' x 7' 0'' (2.54m x 2.13m) - With uPVC double glazed full height windows to side and rear; tile effect flooring, wall light fitting, power points and patio door to side.
Bathroom - 7' 0'' x 6' 0'' (2.13m x 1.83m) - With uPVC double glazed obscure window to rear and having panel bath, pedestal wash hand basin and low-level WC.
There are tiles to walls, wood effect flooring and heated towel rail.
Bedroom 1 - 12' 3'' x 12' 0'' (3.73m x 3.65m) - With uPVC double glazed window to rear; built-in wardrobe space, radiator and power points.
Bedroom 2 - 11' 8'' x 8' 8'' (3.55m x 2.64m) - With uPVC double glazed window to front, radiator and power points.
Bedroom 3 - 8' 6'' x 6' 7'' (2.59m x 2.01m) - With uPVC double glazed window to front, radiator and power point.
Outside - The property is approached up a wide gravel driveway, providing ample off-road parking for multiple vehicles and a motorhome or similar, continuing down to the Double Garage with pair of up and over doors, lights and power.
The front garden is of a generous size, setting the property back from the lane. Predominately laid to lawn, the front space is coloured with mature flowerbeds and shrubs.
The rear garden provides an attractive south-west facing patio with views out across neighbouring paddock and to the hill-line in the distance.
Beside this stands a large vegetable plot with greenhouse. The boundaries are largely contained by timber fencing, with open frontage.
Further Information - East Lindsey District Council – Tax band: C ENERGY PERFORMANCE RATING: tbc SERVICES: The agents would like to point out that the services of this property have not been checked and this matter is left to the prospective purchaser to make appropriate further enquiries.
VIEWING: By arrangement with the agent's Woodhall Spa office 19 Station Road, Woodhall Spa. LN10 6QL Tel: Email: ; Website: Brochure prepared 11.06.2025
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 21 Butt Lane, Walcott
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