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See how verdicts work3-bedroom bungalow · LN3 5TD
For saleListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Starkey&Brown are delighted to offer for sale this three-bedroom detached bungalow, ideally positioned in the sought-after village of Southrey.
Having been thoughtfully renovated by the current owners, this attractive home offers well-proportioned, modern living throughout, combining contemporary interiors with the appeal of a semi-rural setting.
With three double bedrooms, an open-plan kitchen diner, a bay-fronted lounge and excellent parking facilities, the property would make an ideal purchase for those looking to enjoy village living.
The property offers a welcoming and well-planned layout, with the open-plan kitchen diner & lounge providing a real focal point of the home.
The kitchen has been fitted with a range of modern units and integrated appliances, creating a stylish and practical space for everyday cooking, dining and entertaining.
The open-plan arrangement allows the kitchen and dining areas to work seamlessly together, making it particularly well suited to modern living.
There are three generous double bedrooms, providing excellent flexibility for couples, families, visiting guests or those requiring additional space to work from home.
Bedroom one benefits from an en-suite shower room, whilst the two further bedrooms both feature built-in wardrobe storage. A separate family bathroom completes the accommodation.
Externally, the property continues to impress. To the front is a stone-laid garden and block-paved driveway, providing ample off-street parking.
The driveway extends along the side of the bungalow and leads to a garage fitted with an electric door and power.
To the rear is a pleasant garden incorporating a lawn and patio seating area, providing an ideal space for outdoor dining.
Southrey offers an appealing semi-rural lifestyle, surrounded by attractive Lincolnshire countryside and close to the River Witham, making it an excellent choice for those who enjoy outdoor pursuits, countryside walks and a more relaxed village setting.
Despite its rural character, the village remains connected to nearby communities, with Bardney and Woodhall Spa offering a wider selection of everyday amenities, shops, cafes and local services.
The historic market town of Horncastle and the city of Lincoln are also accessible by road for additional shopping, leisure and employment opportunities. Council tax band: C. Freehold.
UPVC Double Door Leading To: Porch Open access leading to: Kitchen Diner (13' 4'' x 11' 2'' (4.06m x 3.40m)) Having a range of matching wall and base units with countertops, integrated appliances including a dishwasher, a fridge-freezer, a washing machine, and a four-ring electric hob with an overhead extractor fan, a built-in oven, a sink with mixer tap, wood flooring, a uPVC double-glazed window to the front aspect with fitted shutters, and ample space for a dining table.
Open access to: Lounge (19' 1'' x 9' 8'' (5.81m x 2.94m)) Having a bay window to the front aspect with fitted shutters, carpeted, a coved ceiling, LED lighting, and a radiator.
Hallway Wooden flooring, side door leading to the side aspect, partially boarded loft with a light and a radiator.
Access to: Bedroom 1 (13' 5'' x 9' 8'' (4.09m x 2.94m)) Having a uPVC double-glazed window to the rear aspect with fitted shutters, carpeted, a radiator, and LED lighting.
Access to: En-Suite Three-piece suite comprising low-level WC, wash hand basin with understorage, walk-in shower cubicle, a frosted double-glazed window to the side aspect, vinyl flooring, a radiator and mermaid board splashback.
Bedroom 2 (12' 1'' x 9' 1'' (3.68m x 2.77m)) Having a uPVC double-glazed window to the rear aspect with fitted shutters, carpeted, a radiator, and a built-in wardrobe.
Bedroom 3 (10' 4'' x 8' 7'' (3.15m x 2.61m)) Having a uPVC double-glazed window to the side aspect with fitted shutters, carpeted, a radiator, and a built-in wardrobe.
Bathroom Three-piece suite comprising a low-level WC, wash hand basin with under storage, panelled bath with overhead shower unit, tiled walls, storage cupboard, LED mirror, a frosted double-glazed window to the side aspect, extractor fan and a radiator.
Outside Front Gated access. Block-paved driveway extending to the side of the property and a stone-laid front garden, which could be used for additional parking.
Outside Rear Part brick and fenced, a lawn and patio seating area. Access to both sides. Garage Having an electric door, power, and electrics.
Agents Note Currently, the owners have added a clean water system. The property has an air-source heat pump and has been serviced.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
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