4-bedroom house · LN4 4JY
Listing removedListed 406 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a beautifully presented and spacious 969 sq ft, four bedroom, detached modern house on a private plot backing onto Pingle nature reserve, and includes extensive off road parking for up to five cars including caravan if required, garage (having light, power, workbench, roller shutter door and PVC pedestrian side door), fully fenced front and very secluded rear gardens (including a paved patio, shed, and open fronted store, external lighting, power and water tap), as well as an good ‘74’ energy efficiency rating, all in a select cul-de-sac location, to the edge of the very well serviced large village of Coningsby.
It also benefits from light oak coloured UPVC double glazing including external and French doors, mains gas central heating with Worcester boiler, oak veneer internal doors, and is offered freehold.
The property consists of entrance hall, lounge (built in cupboard), kitchen diner (soft closure fitted, having French doors to patio & garden, oak block wood worktops, space for dining table and chairs, and an extensive range of AEG built in appliances: fan assisted electric oven, microwave oven, and stainless steel 45 degree extractor, all with LCD displays, ceramic hob, fridge freezer and dishwasher), utility room (with space/plumbing 2 appliances, work top & soft closure wall units), W.C.
(with corner wall hung hand basin having single mixer tap, and a low level close coupled toilet).
Upstairs is the landing, modern bath & shower room (fully wall tiled, bath having mixer taps with wall mounted shower attachment, corner quadrant shower having monsoon & flexible shower heads, and curved glass sliding doors, pedestal hand basin having single mixer tap, and a low level close coupled toilet), and the four bedrooms (including dual aspect and built in wardrobes/cupboards).
Coningsby amenities include supermarket, post office, butchers, hairdressers, doctors, public house restaurants, library and the Battle of Britain Memorial Flight Visitor Centre.
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
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FAQ
About Finney Close, Coningsby, Lincoln
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