2-bedroom bungalow · LN6 0UA
Listing removedListed 241 days
Opportunity summary
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About
This neutrally decorated two-bedroom semi-detached bungalow is offered **for sale** in a sought after location within the city of Lincoln, ideal for over 55s.
Set in an urban area with nearby walking routes and a lake, it provides a practical base with access to local amenities and outdoor space.
The accommodation includes two reception rooms, one of which is arranged as a conservatory with direct access to the garden, creating a pleasant outlook over the outside space.
The master bedroom benefits from built-in wardrobes and large windows, while the second bedroom is a comfortable double.
Externally, the bungalow offers a garden and parking, adding to day-to-day convenience. The property has an EPC rating of C and falls within Council Tax Band A.
Lincoln offers a wide range of shops, supermarkets, healthcare facilities and leisure options, including its historic cathedral quarter and Brayford Waterfront, with cafés, restaurants and cultural venues.
Local walking routes and the nearby lake provide opportunities for recreation close to home.
Public transport links are readily available via Lincoln railway station, providing services to destinations including Newark (around 20–25 minutes), Sheffield (around 1 hour 15 minutes) and London King’s Cross via connections (from approximately 2 hours).
Bus services operate throughout the city, connecting residential areas with the centre and key facilities.
This bungalow presents a straightforward, well-located option for those over 55 seeking single-storey living with access to local amenities and outdoor space.
There is a monthly fee of £40 payable for the upkeep of the communcal garden and the lake The property is only available for purcahse by those over 55. EPC rating: C.
Service charge description: Communal Grass and lake maintenance
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 21, Meadowlake Close, Lincoln
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