We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom detached house · LN4 4SN
Listing removedListed 210 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
24 The Park is a detached two bedroom bungalow set to an attractive no-through road position in the well-serviced village of Coningsby.
Providing gardens to front and rear, driveway parking for multiple vehicles, garage and workshop.
The property includes a generous living/dining room, conservatory, kitchen, shower room and two bedrooms. NO ONWARD CHAIN.
Accommodation - Entered into the side through a uPVC double glazed obscure door into: Reception Hall - With built-in storage cupboard housing the wall mounted boiler, access to roof space, radiator, power point and doors to accommodation including: Bedroom 2 - 8' 5'' x 10' 5'' (2.56m x 3.17m) - With uPVC double glazed window to front and having radiator and multiple power points.
Living/Dining Room - 20' 3'' x 12' 9'' (6.17m x 3.88m) - With uPVC double glazed bay window to front and having television aerial point, radiator and multiple power points.
Opening to dining room space and having multiple power points, radiator and serving hatch to kitchen.
Kitchen - 7' 10'' x 12' 4'' (2.39m x 3.76m) - With uPVC double glazed window to rear and having a good range of modern storage units to base and wall levels including one and half composite sink and drainer inset to roll edge worktop surface.
There is an oven and Neff four ring hob beneath extractor canopy, space and connections for washing machine, dryer and under counter fridge.
There is a heated towel rail, multiple power points, wood effect flooring and uPVC double glazed patio door to: Conservatory - 7' 2'' x 19' 5'' (2.18m x 5.91m) - With uPVC double glazed windows on dwarf brick walls to side and rear and to roof.
There is a radiator, multiple power points, wood effect flooring, uPVC double glazed French doors to rear garden and obscure patio door to front.
Bedroom - 9' 4'' x 10' 9'' (2.84m x 3.27m) - With uPVC double glazed window to rear and having radiator and multiple power points.
Shower Room - 6' 1'' x 6' 8'' (1.85m x 2.03m) - With uPVC double glazed obscure window to side, spot lights to ceiling, low-level WC and wash hand basin inset to vanity unit.
There is a corner shower cubicle with Mira sport electric shower over, tiled flooring, heated towel rail and corner mirror fronted storage unit with light inset.
Outside - The property is approached from the front over a large driveway, brick paved with lawned front garden space alongside and leading to the Detached Garage, with electric up and over door, light and power.
There are personnel gates to ensure a child and pet friendly secure rear space being laid to lawn with mature established borders and paved patio seating space.
With boundaries contained by mixed timber fencing, the outdoor space is complete with side store and hardstanding for the generous timber workshop.
Further Information - East Lindsey District Council – Tax band: B – EPC Rating: D 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 prepared15 .07.2024
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
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FAQ
About 24 The Park, Coningsby
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