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See how verdicts work5-bedroom house · LN3 4AP
Listing removedListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** sold prior to marketing! - more properties wanted! ** detached home in 1.82 acres! Development potential!
Positioned on the outskirts of the highly desirable village of Cherry Willingham, just three miles from the city of Lincoln, this substantial detached family home sits within approximately 1.82 acres.
Distinctive in character and full of personality, the property offers a rare opportunity to create a truly special family residence, along with the added potential for development within the grounds.
While no formal planning application has been submitted, the plot provides generous space and access suitable for development, subject to the necessary permissions, which are considered a promising prospect.
Extending to around 3,766 sq ft (including a double garage), the home would benefit from a programme of modernisation but presents exceptional scope to remodel and enhance.
The current accommodation briefly comprises an entrance hallway, five spacious reception rooms, kitchen, utility room, and WC.
To the first floor are five well-proportioned bedrooms, two en-suites, and an additional shower room. Further benefits include a larger than average double garage.
Offered for sale with no onward chain , this is a rare and exciting opportunity - contact us today for further information.
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
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FAQ
About 38, Fiskerton Road, Lincoln
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