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See how verdicts work4-bedroom bungalow · LN13 9NA
For saleListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property A spacious and versatile detached bungalow occupying a generous plot within the popular village of Willoughby, Romala offers beautifully presented accommodation with the added benefit of a first-floor bedroom, creating a home ideally suited to families, those seeking multi-generational living, or buyers looking for flexible guest or home-working space.
One of the standout features of the property is the superb living room, an impressive and characterful space enhanced by a vaulted ceiling with exposed beams, a feature wood-burning stove and bi-fold doors opening directly onto the rear garden.
Filled with natural light throughout the day, this wonderful room provides an ideal setting for both relaxing and entertaining and forms the true heart of the home.
The accommodation continues with a spacious kitchen and dining room offering ample space for everyday family life and social occasions, complemented by a practical utility room.
The bungalow provides four well-proportioned bedrooms in total, including a generous principal bedroom benefitting from en-suite facilities, alongside a modern family bathroom serving the remaining accommodation.
Externally, the property enjoys attractive and well-maintained gardens providing a pleasant degree of privacy, with patio seating areas ideal for outdoor dining and entertaining during the warmer months.
A substantial detached garden room/workshop offers excellent versatility and could suit a variety of uses including hobbies, storage, a home office or studio space.
To the front, ample off-road parking is available via a generous driveway.
Combining spacious accommodation, versatile living arrangements and a truly impressive vaulted living room, Romala represents a rare opportunity to acquire a distinctive bungalow in a sought-after village location.
Location The charming village of Willoughby lies within the picturesque Lincolnshire countryside and offers a peaceful rural setting whilst remaining conveniently positioned for access to nearby market towns and the Lincolnshire coast.
The village is home to a popular public house and parish church, with a wider range of amenities available in nearby Alford, including supermarkets, independent shops, cafés, healthcare facilities and schooling.
The area is particularly well regarded for its attractive countryside walks, cycling routes and easy access to the coast, with the seaside resorts of Sutton-on-Sea and Mablethorpe within comfortable reach.
The historic city of Lincoln and the market town of Louth are also accessible, providing an excellent range of shopping, leisure and cultural amenities.
TO BOOK A VIEWING - You can use the brochure link in the full property description in the Rightmove advert 24/7, book on the Purplebricks website or the Purplebricks App Alternatively, call to speak to an expert - whatever you need, we're available.
Reach us from 9am - 6pm between Monday and Friday, and from 9am - 5pm on a Saturday.
Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Station Road, Willoughby, LN13
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