2-bedroom bungalow · LN7 6SA
For saleReduced £25k (−17.9%) on 10 OctListed 107 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the highly sought-after village of Caistor, this two-bedroom semi-detached bungalow is offered for sale with no forward chain, making it an excellent opportunity for buyers looking for a straightforward move.
Ready for its next owner to put their own stamp on, the property is ideal for downsizers, those seeking retirement living, or anyone looking for a low-maintenance home in a desirable location.
Internal accommodation briefly comprises: Entrance Hallway, Kitchen, 2 Bedrooms, Bathroom, Lounge and Garden Room.
Externally, the bungalow benefits from a driveway to the front, as well as an allocated parking space, providing convenient off-road parking.
Viewing is essential to appreciate the living accommodation on offer.
Entrance Hall Lounge 5.28m x 2.98m - 17'4” x 9'9” Garden Room 2.57m x 2.07m - 8'5” x 6'9” Kitchen 2.8m x 2.41m - 9'2” x 7'11” Bedroom 1 3.63m x 2.92m - 11'11” x 9'7” Bedroom 2 2.49m x 2.37m - 8'2” x 7'9” Bedroom 2 2.49m x 2.37m - 8'2” x 7'9” Bathroom 1.8m x 1.78m - 5'11” x 5'10”
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 50, Mallard Drive, Caistor
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