2-bedroom bungalow · LN2 2LD
For saleReduced £10k (−4.3%) on 22 OctListed 229 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well Presented 2 Bedroom Detached Bungalow in Popular Location This well presented two-bedroom detached bungalow offers comfortable and versatile accommodation and may appeal to a variety of buyers including those looking to downsize, first-time buyers, or small families.
The property briefly comprises an entrance hallway, a modern fitted kitchen with breakfast island, and a spacious living room providing a pleasant area for relaxing and entertaining.
There are two good-sized bedrooms, along with an additional smaller room which could be used as a study, dressing room, or occasional bedroom, depending on the buyer’s needs.
A modern family bathroom completes the internal layout. Outside, the property benefits from a private enclosed rear garden which is well maintained and includes a decked seating area.
To the front there is a spacious driveway providing off-street parking for several vehicles.
Key Features • Freehold property • Approximately 775 sq ft of accommodation • Well maintained and neatly presented throughout • Flexible internal layout • Modern kitchen and bathroom • Driveway providing off-street parking • Convenient access to local amenities and transport links • Good road connections via the A15 road, A46 road, and A1500 road Local Area Riseholme benefits from a range of nearby amenities including the Carlton Centre shopping complex, large supermarkets, and Lincoln County Hospital.
The area is also close to the Riseholme College campus and several local schools including Lincoln Castle Academy.
For outdoor recreation there is Riseholme Park, while popular landmarks such as Lincoln Cathedral and Lincoln Castle are within easy reach.
Transport links include regular bus services and access to Lincoln railway station, providing connections to London, Nottingham and Sheffield. Major road links include the A15, A46 and A1500.
Viewings are recommended to fully appreciate the accommodation on offer. Independent mortgage advice may be available upon request.
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
FAQ
About 4, Riseholme Lane, Lincoln
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