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See how verdicts work3-bedroom detached house · LN4 1RU
Sold STCReduced £46.5k (−22.1%) on 26 OctListed 202 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For Sale By Modern Method of Auction - T & Cs Apply Pygott and Crone are delighted to present this three bedroom detached home situated in the ever popular village of Washingborough with close proximity to local amenities and also benefitting from No Onward Chain.
The accommodation briefly comprises: Entrance Hallway, Lounge/Dining Room, Kitchen, three Bedrooms and a Family Bathroom. The property further benefits from gas central heating.
Outside the property is access via a driveway leading to a single integral garage, small front garden and enclosed private rear garden.
Washingborough is home to many local amenities, doctors, pharmacy, take away parlours, pubs and benefitting from having easy access to the Eastern Bypass allowing ease of travel around the City of Lincoln.
BUYING CONDITIONS This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold).If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.A Buyer Information Pack is provided.
The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price.
This is considered within calculations for Stamp Duty Land Tax.Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Paym Entrance Hall Kitchen 4.5m x 3.99m - 14'9" x 13'1" Lounge 5.94m x 4.01m - 19'6" x 13'2" Dining Room 4.06m x 2.86m - 13'4" x 9'5" First Floor Landing Bedroom 1 4.01m x 3.05m - 13'2" x 10'0" Bedroom 2 3.1m x 2.84m - 10'2" x 9'4" Bedroom 3 3.05m x 2.21m - 10'0" x 7'3" Bathroom 2.18m x 1.68m - 7'2" x 5'6" Garage 5.11m x 2.69m - 16'9" x 8'10"
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
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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 Cranbourne Mews, Washingborough, Lincoln, Lincolnshire, LN4
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