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 work2-bedroom terraced house · LN10 6RN
Sold STCListed 198 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Walter's is pleased to present this beautifully presented and deceptively spacious Victorian mid-terrace family home, arranged over three floors.
The property offers a generous lounge/diner, a well-proportioned kitchen, two double bedrooms, and a modern shower room with WC.
Externally, the home benefits from low-maintenance gardens, with the rear garden featuring a large workshop.
Ideally located within close proximity to the village centre, the property enjoys easy access to a range of excellent local amenities and facilities.
LOUNGE/DINER 25' 0" x 11' 7" (7.62m x 3.53m) Having uPVC sealed double glazed front entrance door, return staircase to the first floor, two radiators, TV aerial lead, telephone point, high ceilings with two, three pendant lights, sliding door to: KITCHEN 17' 0" x 5' 9" (5.18m x 1.75m) Having single drainer sink unit with mixer taps and range of base cupboards and drawers under worktops with wall cupboards over.
Flavel range electric cooker with two ovens, grill, five ring ceramic hob with warming plate and extractor fan and light over.
Free-standing fridge/freezer, in-set ceiling lights, space and plumbing for washing machine, uPVC sealed double glazed double doors to rear garden and patio area.
FIRST FLOOR - SMALL LANDING With under-stairs storage cupboard, door to shower room and a door to further landing area with door to bedroom and staircase to the second floor.
BEDROOM ONE 11' 9" x 11' 0" (3.58m x 3.35m) Having cast iron original fire surround, free-standing triple wardrobe, laminate flooring, radiator.
SHOWER ROOM 10' 10" x 4' 5" (3.3m x 1.35m) Having large tiled corner shower cubicle, waterfall shower head, vanity hand basin with double cupboard under and low level WC.
Radiator, extractor fan and cupboard housing the gas fired wall mounted combination boiler.
SECOND FLOOR - BEDROOM TWO 12' 9" x 11' 0" (3.89m x 3.35m) Having radiator, original cast iron fire surround, free-standing wardrobe, part-sloping ceiling with Velux window.
OUTSIDE- SMALL GRAVEL FRONT GARDEN With walk-way to Witham Road, where there is on-road parking available. Enclosed rear garden with timber decking patio area, further slabbed patio area.
There is an outside cold water tap and power points. GARDEN WORKSHOP 11' 6" x 9' 7" (3.51m x 2.92m) Set to the bottom of the garden and of timber and felt construction with power and light connected.
RIGHTS OF ACCESS There is a right of access over the rear garden for No. 5 Alexandra Terrace, although at present, this is blocked off. There is also a right of access for both Nos.
5 & 6 over the rear garden of No. 7 Alexandra Terrace. OUTGOINGS - The property is situated within the East Lindsey District Council. Property Band A.
POSSESSION - Vacant possession will be given on completion. FIXTURES AND FITTINGS - All those detailed are included in the sale as are the fitted carpets.
VIEWING - Strictly and only by prior appointment to be made through the Sole Selling Agent - Walter.
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

FAQ
About Alexandra Terrace, Woodhall Spa
Explore nearby