3-bedroom semi-detached house · LN5 9TQ
Sold STCListed 212 days
Opportunity summary
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About
This three-bedroom semi-detached house is on a 55% shared ownership basis in Waddington, near Lincoln, and is well suited to first-time buyers seeking access to local amenities and transport links.
The ground floor features an open-plan kitchen with dining space, providing a practical area for day-to-day living and mealtimes. There is one reception area and a bathroom serving the property.
Upstairs, there are two double bedrooms and one single bedroom, offering flexibility for sleeping accommodation, a home office or nursery.
Externally, the property benefits from a garden, providing outdoor space for relaxation or play, and parking, offering added convenience for residents and visitors.
Waddington is a popular village to the south of Lincoln, with a range of local amenities including shops, cafés and everyday services, as well as access to nearby schools, making it a practical choice for households with educational needs.
The area is also within reach of green spaces and parks around the southern Lincoln area. Public transport links are available via nearby bus routes into Lincoln city centre.
From Lincoln railway station, services run to destinations such as Newark, Sheffield, Nottingham and London King’s Cross (via Newark), with journey times to London typically from around two hours.
Road connections from Waddington provide straightforward access to the A15 and A46 for travel across Lincolnshire and beyond.
This property offers an opportunity to purchase a three-bedroom semi-detached house in a sought-after location on a shared ownership basis.
EPC Rating: B Entrance hall Giving access to all rooms on the ground floor, stairs to the first floor, under stair storage, and a radiator Living Room 3.51m x 4.95m Double glazed windows to both the front and rear aspect, and two radiators Kitchen/Diner 4.92m x 2.24m Double glazed windows to the front aspect as well as UPVC doors leading to the rear garden, a range of modern wall and base units with worktops, space and plumbing for a washing machine, electric oven with gas hob and extractor fan, space for a freestanding fridge freezer, sink with mixer tap and a radiator WC Hand wash basin, built-in storage, WC and a radiator.
First Floor Landing area giving access to all rooms on the first floor Master Bedroom 4.92m x 3.7m Double glazed windows to both the front and rear aspect built-in storage and two radiators.
Bedroom Two 3.3m x 2.42m Double glazed window to the front aspect and a radiator Bedroom Three 2.31m x 2.29m Double glazed window to the rear aspect and a radiator Material Information Council Tax band: B Tenure: Leasehold Lease length: 121 years remaining (125 years from 2022) Service charge: £681.12 pa Shared ownership - ownership percentage: 55% Lease restrictions: Unable to make any structural changes to property without shared ownership company’s approval.
Cannot rent out property in rooms in property.
Unsure regarding whether business can be run from the property Property type: House Property construction: Standard construction Energy Performance rating: B Electricity supply: Mains electricity Solar Panels: No Other electricity sources: No Water supply: Mains water supply Sewerage: Mains Heating: Mains gas-powered central heating is installed.
Heating features: Double glazing Broadband: FTTC (Fibre to the Cabinet) Mobile coverage: O2 - Good, Vodafone - Good, Three - Good, EE - Good Parking: Driveway and Off Street Building safety issues: No Restrictions - Listed Building: No Restrictions - Conservation Area: No Material Information Restrictions - Tree Preservation Orders: None Public right of way: No Long-term area flood risk: No Historical flooding: No Flood defences: No Coastal erosion risk: No Planning permission issues: No Accessibility and adaptations: Level access Coal mining area: No Non-coal mining area: No All information is provided without warranty.
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you.
You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.
Garden Externally, there is an enclosed rear garden with a patio seating area, with the rest laid with lawn. To the side, there is off road parking.
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
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FAQ
About Peatman Close, Waddington, LN5
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