2-bedroom bungalow · LN6 7LL
Listing removedListed 82 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom detached bungalow situated within a desirable residential area to the south of Lincoln. Comprising internally of two bedrooms, shower room, kitchen diner and a spacious living room.
Driveway parking, single garage for storage and enclosed rear garden. Two bedroom detached bungalow situated within a desirable residential area to the south of Lincoln.
Comprising internally of two bedrooms, shower room, kitchen diner and a spacious living room. Driveway parking, single garage for storage and enclosed rear garden.
The property is close to amenities including The Forum shopping precinct, Tritton Road and further large supermarket chains plus schooling of all ages.
North Hykeham locally benefits from road and rail links to include public transport available into the city centre.
Mobile (based on calls indoors) O2 EE Three Vodafone Broadband (estimated speeds) Standard13 mbps Superfast75 mbps Ultrafast1800 mbps Satellite & Cable TV Availability BT Sky Virgin Media Lounge (4.89 x 3.65 (16'0" x 11'11")) PVC windows to front aspect, carpet flooring, light fitting, radiator and gas fire with stone hearth surround.
Kitchen (4.19 x 1.97 (13'8" x 6'5")) Base and eye level units with laminated work surfaces, tiled splash backs and an inset composite sink and drainer.
Fitted oven with gas hob and extractor over, free standing fridge freezer plus space and plumbing for a washing machine.
PVC Front door to side aspect, PVC windows to front and aside aspect, Baxi combi boiler stored and Drayton wireless heating controls. Spotlight fitting and second ceiling fitting.
Hallway Loft access, pendant light fitting, carpet flooring and storage cupboard.
Master Bedroom (3.83 x 2.73 (12'6" x 8'11")) PVC window to rear aspect, carpet flooring, radiator, pendant light and built in wardrobes.
Bedroom Two (3.49 x 2.84 (11'5" x 9'3")) PVC window to rear aspect, carpet flooring, radiator and pendant light.
Bathroom (1.86 x 1.90 (6'1" x 6'2")) Three-piece suite, shower cubical with Bristan bar shower, pedestal sink, low-level WC and radiator.
PVC window with privacy glass to side aspect, fitting storage unit flooring vinyl, tiled throughout.
Garden / Driveway Concrete driveway with gated access to side front door, external water supply, outside light and letter box.
Garden mainly laid to grass and paved area with shrubs and northeast facing rear garden.
Garage (6.08 x 2.60 (19'11" x 8'6")) Single garage storage room, electric lighting, consumer unit, lighting and power supply. Up and over door secured closed/unable to open/use.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 83, Astwick Road, Lincoln
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