2-bedroom house · LN5 9RS
Listing removedReduced £20k (−7.4%) on 21 JunListed 232 days
Opportunity summary
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About
Starkey&Brown are delighted to offer for sale this unique two bedroom townhouse positioned within the Malt Kilns development in the sought after village of Waddington.
The property has heaps of history, forming part of a stunning converted Malt Kiln and is rich in character, seamlessly blending original features with a modern twist to finish this property.
The living space expands approximately 1500 sq ft and comprises of spacious kitchen diner to the ground floor fitted with integral appliances such as a range cooker providing excellent space for everyday living and entertaining.
There is a separate utility room and a WC. Rising to the first floor there are two double bedrooms.
The master bedroom benefitting from an en-suite shower room and a further modern three-piece bathroom suite.
Stand-out feature of the home is the living room measuring 29'0" x 18'10" with vaulted ceiling and exposed beams and a Juliette balcony showcasing the buildings heritage and providing a versatile living space charm and character.
Externally the property benefits from two allocated parking spaces to the front. Further benefits of the property includes uPVC double-glazing throughout and gas central heating.
The village of Waddington offers a wide range of local amenities including schooling, public houses, village hall, a doctors surgery, countryside walks, shops and a regular bus service to Lincoln city centre.
Council tax band: C. Freehold. UPVC Door Leading Into: Hall Stairs rising to the first floor, tiled flooring, and a radiator.
Access to: Kitchen Diner (25' 0'' x 18' 10'' (7.61m x 5.74m)) Kitchen Area Range of wall and base units with oak countertops, Belfast sink, integrated dishwasher, tiled splashback, a range cooker with an overhead extractor fan, integrated fridge, laminate flooring, two double-glazed windows to the front aspect, a breakfast bar, space for a fridge freezer, a wall-mounted gas boiler (recently serviced), exposed beams, and LED lighting.
Dining Area Laminate flooring, an understairs cupboard with lighting, exposed beams, and a radiator.
Access to: Utility Room (12' 1'' x 10' 1'' (3.68m x 3.07m)) Worksurfaces, space and plumbing for appliances, a frosted double-glazed window to the rear, exposed beams, laminate flooring, LED lighting, and a radiator.
WC Low-level WC, a wash hand basin, laminate flooring, and a radiator. First Floor Landing Staircase to the second floor, carpeted and exposed beams.
Access to: Bedroom 1 (18' 10'' x 11' 4'' (5.74m x 3.45m)) Three double-glazed windows to the front aspect, carpeted, a radiator, exposed beams, and an over-stairs storage cupboard.
Access to: En-Suite Three-piece suite comprising shower cubicle with rainfall and a handheld shower, a low-level WC, a wash hand basin, tiled flooring, a chrome radiator/towel rail, tiled walls, and an extractor fan.
Bedroom 2 (15' 5'' x 9' 1'' (4.70m x 2.77m)) Two frosted uPVC double-glazed windows to the rear aspect, carpeted, exposed beams, and a radiator.
Bathroom Three-piece suite comprising a freestanding bath, a low-level WC, a wash hand basin with understorage, laminate flooring, an extractor fan, a chrome radiator/towel rail, and LED lighting.
Second Floor Living Room (29' 0'' x 18' 10'' (8.83m x 5.74m)) Valuted ceiling with exposed beams, a uPVC double-glazed window to the front aspect and a further frosted window to the rear aspect, two Velux windows, a Juliette balcony looking to the front aspect, three radiators, laminate flooring, and a fireplace with feature brick surround.
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
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FAQ
About 2 The Malt Kilns, Rectory Lane, Lincoln
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