2-bedroom bungalow · LN5 9BJ
Listing removedListed 255 days
Opportunity summary
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About
Two double bedroom semi-detached bungalow located in the popular Brant Road area just to the south of Lincoln City.
The property is presented to a modern standard throughout, and briefly comprises Entrance Hall, Lounge/Diner, Kitchen, Two Double Bedrooms, and Family Bathroom.
Outside there is a driveway with parking and detached garage, as well as front and rear gardens. EPC grade D. No Onward Chain. EPC rating: C.
Tenure: Freehold, Entrance Hall With entrance door and access to storage cupboard.
Lounge 14'2" x 14'9" (4.32m x 4.5m) With upvc double glazed window to rear aspect overlooking the rear garden, wall mounted central heating radiator, feature electric fire.
Kitchen 8'7" x 9'3" (2.62m x 2.82m) With upvc double glazed window overlooking garden, side door providing access to car port and rear garden, a range of kitchen eye and base level units, roll edge worktops with stainless steel sink and drainer, electric cooker, space and plumbing for washing machine and space, fridge freezer, pantry.
Bedroom One 10'7" x 11'3" (3.23m x 3.43m) With upvc double glazed window to front aspect, wall mounted gas central heating radiator, ceiling coving and carpet.
Bedroom Two 8'3" x 9'3" (2.51m x 2.82m) With upvc double glazed window to front aspect overlooking front garden, carpet, wall mounted gas central heating radiator and ceiling coving.
Bathroom With obscured upvc double glazed window to side aspect, fully tiled of Bath with Shower, pedestal wash basin, low level wc, new flooring and wall mounted central heating radiator.
Outside To the front of the property is a small lawned garden with driveway leading to the car port and pathway to the entrance door. To the rear is an enclosed garden with lawn and patio.
Detached Garage 15'9" x 8'9" (4.8m x 2.67m) Up and over door, personal door to side aspect and power and lighting.
Agents Note These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Newton Fallowell nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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 Chestnut Grove, Waddington, LN5
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