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See how verdicts work3-bedroom bungalow · PE23 5LU
Listing removedListed 196 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set back from the main road via a private lane is this traditional detached bungalow with generous gardens and wide access to all sides.
With several rooms being dual aspect, the property offers three double bedrooms, modern stylish bathroom, dining kitchen and separate utility, living room with open fire and dual driveway.
Benefitting from uPVC double glazing throughout and a recently installed oil-fired boiler, this pretty bungalow in the popular village of Hundleby on the edge of the Lincolnshire Wolds offers ample space, sizeable gardens and is within walking distance of the amenities of the market town of Spilsby, Front Of Property - Accessed via a quiet private lane onto dual side by side gravel parking with additional wrought iron pedestrian gate onto concrete pathways to the front and sides of the property and leading to the recessed porch with external lighting, with gardens set to lawn with borders of flowers, shrubs and small trees and boundaries of hedging and fencing.
Entrance Hall - 7.0m x 1.2m min (22'11" x 3'11" min) - Providing central access to all rooms with room thermostat, boiler control, loft access, radiator, door chime, carpeted flooring and full height storage cupboard with shelving.
Living Room - 4.2m x 4.2m (13'9" x 13'9" ) - Dual aspect room with central chimney breast wall with open fire, tiled hearth and mantle, radiator, wall lighting, carpeted flooring and windows with aspects over the front and side gardens.
Dining Kitchen - 4.2m x 3.3m (13'9" x 10'9") - Dual aspect room with a range of wall and base units, integrated oven and grill with ceramic hob, stainless steel sink with mixer tap and draining board, space and socket for under counter fridge, space and plumbing for washing machine, down lighting, vinyl flooring and windows with aspects over the side, rear patio and garden.
Utility - 1.7m x 1.2m (5'6" x 3'11" ) - With in-built full height pantry storage, space and socket for full height fridge freezer with shelving over, external partially glazed door with cat flap, boxed high level electric meter and vinyl flooring.
Bedroom One - 3.5m x 3.3m (11'5" x 10'9") - With radiator, carpeted flooring and window with aspects over the front garden.
Bathroom - 3.2m x 1.7m max (10'5" x 5'6" max ) - Recently modernised and comprising bath with rainfall shower and additional handset over, Victorian style mixer tap with shower handset and glazed shower screen, wash basin vanity unit with illuminated and heated mirror over, WC, partially tiled walls, feature wall-boarding, towel radiator, airing cupboard housing immersion tank with shelved storage over, extractor fan, vinyl flooring and window with obscure glazing.
Bedroom Two - 3.5m x 2.9m (11'5" x 9'6" ) - With radiator, carpeted flooring and window to the side of the property.
Bedroom Three - 3.5m x 3.0m (11'5" x 9'10") - With radiator, carpeted flooring and window with aspects over the rear garden.
Gardens - Set in gardens to all sides and with an extended garden to the rear, primarily set to lawns with wide fenced access to either side of the property via picket fence with pedestrian gate onto concrete pathways to the right and split 5-bar gate to the left of the property with pedestrian gate.
The rear garden offers an area of decorative concrete slab patio, wall tap, two wooden sheds, greenhouse, summer house, raised borders of herbs and fruit bushes, mature shrubs, plants and trees and boundaries of hedging and fencing.
There is a recently installed external oil-fired central heating boiler and oil tank on a concrete slab to the left of the property.
Tenure & Possession - The property is Freehold with vacant possession upon completion. Services - We understand that mains electricity, water and drainage are connected to the property.
The property benefits from an oil fired central heating system, the external oil combination boiler and oil tank being recently installed.
Local Authority - Council Tax Band 'C' payable to Local Authority: East Lindsey District Council, The Hub, Mareham Road, Horncastle, Lincs, LN9 6PH. Tel: .
Energy Performance Certificate - The property has an energy rating of 'E'. The full report is available from the agents or by visiting Reference Number: 8718-7221-6970-4057-8992.
Viewing - Alford - Viewing is strictly by appointment with the Alford office at the address shown below.
Directions - From the A16 Louth to Boston road, on reaching the town of Spilsby, turn onto the A1195 towards Hundleby. On entering the village of Hundleby, turn right into Brewery Yard.
The property can be found on the right after 75m. What3words///peachy.keyboards.froth
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 Brewery Yard, Hundleby, Spilsby
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