2-bedroom house · LN3 4AJ
Listing removedListed 192 days
Opportunity summary
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About
A Two Bedroom Detached Bungalow, positioned within the popular village of Cherry Willingham, offering a fantastic opportunity for buyers seeking a project to modernise and create a home to their own taste.
Requiring updating throughout, the property benefits from well-proportioned accommodation including a spacious Lounge, Conservatory and Two Double Bedrooms, alongside a private rear garden and garage.
Offered for sale with No Onward Chain, this is an ideal purchase for those looking to add value in a well regarded residential location.
The accommodation comprises of an Entrance Hallway, Lounge, Kitchen, Wet Room, Two Double Bedrooms and a Conservatory.
A Two Bedroom Detached Bungalow, positioned within the popular village of Cherry Willingham, offering a fantastic opportunity for buyers seeking a project to modernise and create a home to their own taste.
Requiring updating throughout, the property benefits from well-proportioned accommodation including a spacious Lounge, Conservatory and Two Double Bedrooms, alongside a private rear garden and garage.
Offered for sale with no onward chain, this is an ideal purchase for those looking to add value in a well-regarded residential location.
The accommodation comprises of an Entrance Hallway, Lounge, Kitchen, Wet Room, Two Double Bedrooms and a Conservatory.
Location The pleasant village of Cherry Willingham is located approximately 4 miles East of the Cathedral City of Lincoln.
The village has local shopping including a Co-op, post office, Doctor's surgery, pharmacy, public house, takeaways and local primary and secondary schooling.
Cherry Willingham is well served by the new Eastern Bypass providing easy access to the North of Lincoln and beyond and also has a direct bus route into Lincoln City Centre.
Entrance hall Accessed via a UPVC front door with frosted glazing, with laminate flooring, built-in storage cupboard, loft access and access to all principal rooms.
Lounge 19' 7" x 9' 11" (5.97m x 3.02m) A spacious reception room with UPVC double glazed windows to the front and side aspects, radiator and serving hatch through to the kitchen.
Kitchen 10' 5" x 6' 11" (3.18m x 2.11m) Fitted with a range of wall and base units, incorporating a gas hob with extractor over, electric oven, stainless steel sink with drainer and mixer tap, spaces for fridge and washing machine.
With tiled flooring, tiled splashbacks, UPVC double glazed window to the side aspect and serving hatch.
Wet room Fitted with a WC, wash hand basin and electric shower, with waterproof slip-resistant flooring, tiled walls, radiator, extractor and frosted UPVC double glazed window.
Bedroom 1 19' 6" x 10' 5" (5.94m x 3.18m) A rear facing double bedroom with UPVC double glazed window and radiator.
Bedroom 2 16' 1" x 8' 11" (4.9m x 2.72m) A further double bedroom with UPVC door and side window providing access into the conservatory, radiator and laminate flooring.
Conservatory 7' 7" x 5' 9" (2.31m x 1.75m) A UPVC constructed conservatory with tiled flooring, providing additional reception space and access to the rear garden.
Outside To the front, the property is set back from the road behind a low level wall, with a lawned garden and pathway leading to the entrance To the rear of the property there is a securely enclosed garden, mainly laid to lawn with a patio area and concrete pathways, along with mature shrubs and borders.
There is ramped access to the conservatory, a garden shed and side gate providing access to the front. Positioned to the rear is a single garage within a block, with rear door access.
Garage 17' 7" x 7' 10" (5.36m x 2.39m) A single garage fitted with a manual up-and-over door, benefiting from a rear pedestrian access door leading directly into the garden, with window alongside.
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 17, New Crescent, Lincoln
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