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See how verdicts work3-bedroom semi-detached house · LN4 3DA
Listing removedListed 233 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within walking distance of the centre of this particularly popular village to the South of Lincoln, a well presented Three Bedroom Semi-Detached House which is not overlooked to the rear, with a Conservatory, 40ft Garage/Workshop, and Ample Parking.
The property benefits from Gas Central Heating and Double Glazing to the full accommodation which comprises Entrance Hall, 19' Dining Kitchen, Lounge, 12'9" Conservatory, Three Bedrooms and Refitted Shower Room.
The property has gardens to the front with a drive providing Off Road Parking whilst approaching the Detached Garage/Workshop.
The rear gardens are enclosed and particularly private and sheltered as not being overlooked. Early viewing is strongly recommended to fully appreciate this property's location and condition.
Directions: Travelling from Sleaford the B1188 coming, after passing through the villages Scopwick and Blankney, enter the village of Metheringham and take the first turning on the right into Prince's Street.
Take the second turning on the right hand side into Princess Margaret Avenue where the property is located on the left hand side as indicated by our 'For Sale' board.
Lounge: 3.99m (13'1") x 3.56m (11'8") Kitchen Diner: 5.79m (19'0") x 2.59m (8'6") Conservatory: 3.78m (12'5") x 2.44m (8'0") Bedroom 1: 3.48m (11'5") x 2.62m (8'7") Max Bedroom 2: 4.01m (13'2") x 3.05m (10'0") Bedroom 3: 2.57m (8'5") x 2.44m (8'0") Outside: The gardens to the front are laid mostly to lawn and an extensive driveway continues alongside the property with a cold water tap and approaches the detached garage/workshop 12.19m (40'0") x 3.05m (10'0") with 10'0" ceiling to accommodate a small caravan and having electric roller door, two side personnel doors, lighting and power points.
The rear gardens are laid to lawn with a good sized patio, well stocked borders, all enclosed by a combination of hedging and fencing.
Agents Note: The building was formally of a Cornish construction, however has now been fully modified with a PRC certificate.
Council Tax /Band A North Kesteven District Council annual charge £1,534.62
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 Princess Margaret Avenue, Metheringham
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