2-bedroom terraced house · LN4 1SH
Listing removedReduced £9.9k (−5%) on 22 JulListed 121 days
Opportunity summary
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About
Pygott & Crone are pleased to offer for sale this well-presented two double-bedroom mid-terraced home, situated in the highly sought-after village of Washingborough.
Lovingly maintained by the current owners, the accommodation briefly comprises an entrance porch, spacious lounge, fitted kitchen, and dining room with French doors opening onto an impressive outdoor entertaining area.
To the first floor are two generous double bedrooms and a modern shower room. Further benefits include a recently upgraded gas combi boiler and a CCTV security system.
Externally, the property is approached via a spacious, well-kept block-paved driveway.
To the rear, a fantastic covered outdoor entertaining area provides the perfect space for relaxing or hosting guests while enjoying views over the private, non-overlooked garden.
The property also benefits from a single garage located in a nearby block.
Washingborough is a charming and popular village located approximately four miles south-east of the historic Cathedral City of Lincoln.
Offering an excellent blend of character and modern homes, the village boasts a range of amenities including local shops, a primary school, The Ferry Boat public house, and the renowned Washingborough Hall Hotel.
Its welcoming community, convenient location, and attractive surroundings continue to make Washingborough a highly desirable place to call home.
Entrance Porch Lounge 5.44m x 3.31m - 17'10” x 10'10” Dining Room 3.37m x 3.04m - 11'1” x 9'12” Kitchen 2.82m x 2.7m - 9'3” x 8'10” Outdoor Entertaining Area 5.63m x 3.19m - 18'6” x 10'6” First Floor Landing Bedroom 1 4.43m x 3.03m - 14'6” x 9'11” Bedroom 2 3.44m x 2.82m - 11'3” x 9'3” Shower Room 2.27m x 1.63m - 7'5” x 5'4”
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 10, Chester Close, Lincoln
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