Modern Method of Auction
Auction date not yet published
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 work3-bedroom bungalow · LN7 6QN
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE BY MODERN METHOD OF AUCTION - SPACIOUS DETACHED BUNGALOW IN POPULAR TOWN LOCATION! In need of modernisation; comprising entrance hall, lounge, kitchen diner, 3 bedrooms and bathroom.
Generous wrap around gardens, extensive driveway and garage!
Viewing advised to fully appreciate with NO ONWARD CHAIN EPC Rating: D Entrance Hall 5.96m x 1.58m double glazed entrance door, radiator and roof void access Lounge 3.28m x 6.11m double glazed window to front aspect, double glazed window to side aspect, radiator and feature fire place Kitchen Diner 2.82m x 4.62m a range of fitted wall and base units, space for cooker, stainless steel sink unit, space and plumbing for washing machine, tiled splash backs, vinyl flooring, radiator double glazed window to side aspect, double glazed window to rear aspect and glazed rear entrance door Bedroom 1 3.28m x 4.98m double glazed window to rear aspect, double glazed window to side aspect, radiator and fitted wardrobes Bedroom 2 3.27m x 3.19m double glazed window to side aspect, radiator and fitted wardrobes Bedroom 3 2.47m x 3.17m double glazed window to front aspect and radiator Bathroom 1.62m x 2.07m 3 piece suite comprising low level WC, pedestal hand wash basin, tiled splash backs, vinyl flooring, radiator and double glazed window to rear aspect Garden occupying a generous plot with wrap around gardens, being mostly laid to lawn with planted shrubs Disclaimer These particulars are for guidance only.
Lovelle Estate Agency, their clients and any joint agents give notice that:- They have no authority to give or make representation/warranties regarding the property, or comment on the SERVICES, TENURE and RIGHT OF WAY of any property.
These particulars do not form part of any contract and must not be relied upon as statements or representation of fact. All measurements/areas are approximate.
The particulars including photographs and plans are for guidance only and are not necessarily comprehensive. Successful buyers will be required to complete anti-money laundering checks.
Our partner, Hipla, will carry out the initial checks on our behalf. The current non-refundable cost is £24 inc. VAT per person.
You’ll need to pay this and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring that might be required.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 North Kelsey Road, Caistor, LN7
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