2-bedroom semi-detached house · LN4 3HF
Sold STCListed 226 days
Opportunity summary
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About
This Two Bedroom Semi Detached Property is pleasantly positioned within the popular village of Metheringham.
Offered for sale with no onward chain, the property provides flexible living accommodation and occupies a generous corner plot with gardens to the front, side and rear, along with a greenhouse and a detached garage.
The property has been recently decorated throughout and benefits from new carpets.
The internal accommodation comprises of a Lounge, Ground Floor Bedroom and modern fitted Kitchen, with stairs rising to the First Floor Landing giving access to the main Bedroom and Bathroom.
LOCATION Metheringham is a popular village approximately 9 miles south-east of Lincoln, offering a range of everyday amenities including shops, a Co-op, doctor's surgery, primary schooling and public houses.
The village benefits from its own railway station with services to Lincoln and Sleaford, along with good road links via the A15 and A17, making it an ideal choice for those seeking a well-connected village lifestyle surrounded by open countryside.
LOUNGE 17' 3" x 11' 8" (5.28m x 3.58m) With two UPVC windows to the front aspect, a UPVC entrance door to the front, understairs storage cupboard, stairs to the first floor, a wall mounted fire and doors leading through to the ground floor bedroom and the kitchen.
KITCHEN 10' 3" x 8' 5" (3.14m x 2.58m) Fitted with a range of wall and base units with drawers with work surfaces over, incorporating a stainless steel sink and drainer with mixer tap and an integral electric oven with extractor over.
There are spaces for a fridge freezer and washing machine, tiled flooring, partly tiled walls, a small breakfast bar and a useful cupboard. The consumer unit is set above the cupboards in the kitchen.
A UPVC window and door provide access to the rear aspect. BEDROOM 2 10' 3" x 8' 6" (3.14m x 2.60m) With UPVC window to the rear, access to roof storage and an electric heater.
LANDING With access to the main bedroom, bathroom and an airing cupboard housing the hot water tank with shelving.
BATHROOM 6' 5" x 5' 4" (1.96m x 1.63m) Fitted with a bath, WC and wash hand basin, with porcelain tiled walls, a wall mounted electric fan heater and an extractor fan.
There is also a window to the rear aspect. BEDROOM 1 15' 9" x 10' 6" (4.81m x 3.22m) With window to the rear aspect and an electric heater.
OUTSIDE Externally, to the front of the property there are decorative gravel beds and hedging, and the electric meter is housed externally.
To the side, there is a hardstanding paved and gravel area, greenhouse, seating area with paving, barbecue space and raised planting beds.
A gravel driveway provides off street parking and vehicular access to the detached garage. The consumer unit is located above the kitchen cupboards.
GARAGE 16' 3" x 8' 6" (4.96m x 2.60m) Fitted with an up-and-over door to the front, windows and a door to the rear and side aspects and benefits from power and lighting.
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
Agent & docs
FAQ
About Caroline Road, Metheringham
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