2-bedroom bungalow · PE22 7JU
Sold STCListed 189 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN! Sherwood is a well-presented, two-bedroom detached bungalow to a bright, East-West orientation in this popular mid-Lincolnshire village.
Modernised and enhanced by the current vendors, the property provides a generous, dual-aspect lounge, dining room, kitchen and side porch; two double bedrooms, bath and shower room and driveway plus garage (to the rear) parking.
The plot approaching a quarter of an acre (sts) with open farmland views, the property enjoys sizable garden spaces to the front and rear.
New Bolingbroke is a charming Lincolnshire village situated four miles from Mareham le Fen and seven from Coningsby & Tattershall, both offering a range of amenities.
Further afield the towns of Spilsby, Horncastle and Boston boast a range of education, leisure facilities and further services.
From the front garden of Sherwood is a view of New Bolingbroke’s St Peter’s Church, a Grade II listed building by respected Victorian architect Samuel Sanders Teulon, with a distinctive octagonal tower.
Please note: this property is of non-standard construction, being timber framed with a brick skin.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Sherwood, Main Road, New Bolingbroke, Boston
Explore nearby
