We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · LN5 9JN
Listing removedListed 397 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property A Charming Two-Bedroom Cottage-Style Home in Bassingham Set in a peaceful cul-de-sac within the sought-after village of Bassingham, this impressive two-bedroom end-terraced cottage-style home was built by renowned local builder Peter Sowerby and has been tastefully updated by the current owners.
The property combines modern comforts with characterful charm, offering beautifully presented accommodation throughout.
The ground floor features a welcoming lounge with a feature fireplace and log-burning stove, a modern fitted kitchen, and a bright garden room enhanced by a striking roof lantern, complete with a further log-burning stove and patio doors that open directly onto the rear garden.
Upstairs, a first-floor landing leads to two well-proportioned bedrooms and a stylishly upgraded bathroom.
Outside, the rear garden enjoys a lawn with a patio seating area, perfect for entertaining or relaxing, while a gate provides access to the single garage and driveway, offering off-road parking.
Positioned in a desirable non-estate location, the property benefits from all that Bassingham has to offer, including a primary school, excellent doctors’ surgery, convenience stores, welcoming public houses, and access to highly regarded secondary schools nearby.
The village is ideally placed for commuters, with easy connections to the A46 bypass, Newark’s mainline railway station, the A1, and the historic city of Lincoln, just nine miles away.
This is a wonderful opportunity to acquire a home that perfectly balances village charm with modern living. Visit Purplebricks.co.uk today to arrange your viewing.
Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as 'draft'.
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Blacksmith Row, Bassingham, Lincoln, LN5
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