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 · LN4 1DS
Listing removedListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the highly desirable village of Washingborough, this spacious and beautifully maintained three-bedroom detached bungalow offers versatile single-storey living, ideal for downsizers, families, or those seeking a peaceful village setting without compromising on space.
The property is exceptionally well presented throughout, with tasteful décor and a thoughtfully designed layout.
Accommodation briefly comprises a welcoming entrance hall, a generous lounge featuring a stunning curved bay window overlooking the garden and a modern fitted kitchen/diner creating a sociable hub of the home.
There are three well-proportioned bedrooms, including a substantial principal bedroom, alongside a contemporary family bathroom, and secondary shower WC room.
The versatile layout offers flexibility for those requiring home office space, guest accommodation, or additional reception areas.
Externally, the property enjoys generous gardens, ample driveway parking, and a large garage, providing excellent storage and practicality.
There are two separate driveways accessed from Leicester Close and Cambridge Drive. To the side of the bungalow, there is a gravelled area, ideal for motorhome or caravan parking.
The bungalow occupies a pleasant position within this popular village, benefiting from local amenities, excellent transport links, and access to highly regarded schools.
Offering spacious accommodation, attractive presentation, and a highly sought-after location, this wonderful bungalow is ready to move straight into and enjoy.
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
.png)
FAQ
About 1, Leicester Close, Lincoln
Explore nearby