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See how verdicts work4-bedroom house · LN5 0HT
Listing removedListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Starkey&Brown is delighted to represent for sale 'Walnut Cottage' which is a unique four bedroom detached stone cottage positioned in the highly desirable cliff edge village of Wellingore.
This is a rare opportunity to acquire which was formally two individual cottages, now thoughtfully combined to create one substantial family home.
This characterful cottage is flowing with character, history and original feature throughout.
The property is offered for sale with no onward chain and provides exciting opportunity for buyers to modernise and create an exceptional home.
Accommodation briefly comprises of a welcoming entrance leading into a characterful living room featuring a traditional open fireplace, exposed stone work and beautiful ceiling beams - all combining warm and inviting atmosphere.
A separate dining room ideal for family living and gatherings.
A fitting kitchen, a versatile study which could easily serve as a fifth bedroom, snug, play room or an additional reception room depending on requirements.
There is also a convenient ground floor WC completing the ground floor.
Rising to the first floor there are four generous double bedrooms all benefitting from built-in storage a testament to the generous proportions within the home.
The master bedroom benefits from its own en-suite shower room with a further three piece family bathroom suite servicing the rest of the bedrooms.
One of the property's greatest attractions is the wealth of original character with exposed stone work, timber beams, period fireplaces and traditional cottage features creating individuality and charm.
Externally, the property occupies impressive mature grounds with the garden positioned to the front of the property - predominantly laid to lawn and is enclosed by an attractive stone walling.
The gardens have been established with an abundance of mature shrubs, hedges and planting providing peaceful and private setting.
Further benefits of the property includes driveway parking, together with an additional strip of land currently utilised for further off-street parking to the side of the property, which offers excellent practically for families.
The property would benefit from a programme of modernisation, whilst it offers exceptional space, endless potential and the opportunity to create a truly remarkable character home in one of Lincolnshire's most desirable villages.
Wellingore is a historic cliff village renowned for its attractive strong sense of community, beautiful surrounding countryside and walks along The Viking Way with views over the Trent Valley.
The neighbouring village of Navenby offer amenities such as Co-op Food Store, café and bistro, pub, doctors surgery and Navenby Church of England Primary School.
Viewing is highly recommended to appreciate the character and grounds this property has to offer. Council tax band: F. Freehold.
Access To: Entrance Hall Original parquet flooring, staircase to the first floor, a radiator, and double doors leading to: Living Room (15' 5'' x 14' 8'' (4.70m x 4.47m)) Two single-glazed windows to the front aspect, a single-glazed window to the side, and a further single-glazed window to the rear, wood flooring, open fire with original stone brickwork, original beams and two radiators.
Dining Room (14' 8'' x 11' 5'' (4.47m x 3.48m)) Single-glazed window to the front and rear aspects, original parquet flooring, an understairs storage cupboard, and a radiator.
Kitchen (14' 8'' x 10' 6'' (4.47m x 3.20m)) Having a range of matching wall and base units with countertops, an integrated electric oven with 4-ring gas hob and an overhead extractor fan, space and plumbing for appliances, two single-glazed windows to the rear aspect, a single-glazed window to the front aspect, tiled flooring, a radiator and original timber beams.
Second Hall Tiled flooring and door to the rear.
Access to: Study (14' 8'' x 10' 8'' (4.47m x 3.25m)) Single-glazed windows to the front and side aspects, carpeted, a radiator, a brick fireplace, and original timber beams.
WC Low-level WC, a wash hand basin with under storage, a frosted single glazed window to the rear, tiled flooring, tiled walls, and a radiator.
First Floor Landing Two skylights and a built-in storage cupboard. Access to bedrooms and the family bathroom.
Bedroom 1 (15' 5'' x 14' 0'' (4.70m x 4.26m)) Having two single-glazed windows to the front aspect, carpeted, a radiator, and built-in wardrobes.
Access to: En-Suite Three-piece suite comprising a low-level WC, a wash hand basin, a shower cubicle, a frosted single glazed window to the side aspect, tiled floors and walls, and a radiator.
Bedroom 2 (15' 0'' x 11' 9'' (4.57m x 3.58m)) Two single-glazed windows to the front aspect, carpeted, a radiator, and a built-in storage cupboard.
Bedroom 3 (11' 10'' x 11' 1'' (3.60m x 3.38m)) Single-glazed window to the front aspect, carpeted, a radiator, and a built-in storage cupboard.
Bedroom 4 (11' 1'' x 10' 9'' (3.38m x 3.27m)) Single-glazed window to the front aspect, carpeted, a radiator, built-in storage cupboard and loft access.
Family Bathroom Three-piece suite comprising panelled bath with overhead shower, low-level WC, a wash hand basin with under-storage, a wall-mounted storage cupboard, tiled floors and walls, a single-glazed frosted window to the side aspect, and a radiator.
Outside Front Driveway parking and walkway leading to the front door. Outside Rear Mature garden with a variety of shrubs and hedges. Mostly laid to lawn with a stone wall surrounding.
An additional small strip of land, which is to the side of the property currently being used for additional parking.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Walnut Cottage, Grosvenor Square, Lincoln
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