3-bedroom bungalow · NG34 9AR
Sold STCReduced £10k (−3.6%) on 21 JunListed 224 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain is this established detached bungalow offering spacious accommodation that has been well maintained but offers immense potential to improve and potentially extend subject to relevant consents.
It enjoys a generous plot on the outskirts of the village with west facing rear gardens that are not overlooked. Features include gas fired central heating and uPVC double glazing.
Extending to some 1075sqft it briefly comprises large hallway, lounge, dining room, extended kitchen, three bedrooms and bathroom.
Outside a driveway provides parking and lead to detached timber garage. The generous rear gardens are laid mainly to lawn, west facing and are not overlooked. There is a shed and greenhouse.
Early viewing essential to fully appreciate both the existing bungalow and potential on offer.
Entrance Porch Entrance Hall Dining Room 3.63m x 3.63m - 11'11” x 11'11” Lounge 5.11m x 3.63m - 16'9” x 11'11” Kitchen/Breakfast Room 5.24m x 3.79m - 17'2” x 12'5” Bedroom 1 3.63m x 3.17m - 11'11” x 10'5” Bedroom 2 3.63m x 2.24m - 11'11” x 7'4” Bedroom 3 3.17m x 2.58m - 10'5” x 8'6” Bathroom 2.58m x 2.06m - 8'6” x 6'9” Outside Garage 4.28m x 2.61m - 14'1” x 8'7”
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
Agent & docs
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FAQ
About 103, Lincoln Road, Sleaford
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