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See how verdicts work2-bedroom semi-detached house · LN4 3FJ
Sold STCListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Built only two years ago and presented to an exceptional standard throughout, this stylish two-bedroom home offers modern living ideal for first-time buyers.
The accommodation comprises an entrance hall, contemporary kitchen/diner, spacious lounge, ground floor WC, two double bedrooms, a modern family bathroom, an enclosed rear garden and off-road parking for up to four/five vehicles.
The welcoming entrance hall provides access to the cloakroom, fitted with a WC and vanity wash hand basin.
To the front of the property, the modern kitchen/diner is well-equipped with a range of matching wall and base units, integrated fridge/freezer, space for washing machine and dishwasher, induction hob, electric oven, useful storage cupboard and ample space for dining.
Positioned to the rear, the bright and spacious lounge benefits from bi-fold doors opening onto the rear garden, creating an excellent space for both relaxing and entertaining, while stairs rise to the first floor.
Upstairs, there are two generous double bedrooms alongside a contemporary family bathroom fitted with a panelled bath with mains-fed shower over, vanity wash hand basin, WC and heated towel rail.
Externally, the property enjoys a larger than average fully enclosed rear garden, predominantly laid to lawn with an extended patio seating area, perfect for outdoor dining and entertaining.
To the front, there is a large block paved driveway providing ample parking.
Entrance Hall Downstairs W/C Kitchen/Diner 4.2m x 3.07m Lounge 4.55m x 4.1m Bedroom One 4.55m x 3.15m Bedroom Two 4.55m x 3.12m Family Bathroom Agents Note Management fees apply, please contact us for more information.
Please note that prior to acceptance of any offer, Waldeck Snarey & Brown Ltd t/a Winkworth are required to verify the identity of the buyer to comply with the requirements of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
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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
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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
Agent & docs
FAQ
About Simmonds Way, Metheringham, Lincoln, Lincolnshire, LN4
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