3-bedroom terraced house · LN6 9ZR
Sold STCListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to get onto the property ladder with this beautifully presented three bedroom home, offered for sale as part of an affordable housing scheme.
Providing a more accessible route into home ownership, the scheme is subject to eligibility criteria and purchasers will need to demonstrate a qualifying connection to the local area, which could include employment, family or other recognised ties.
Further information regarding the criteria is available upon request. Set across three floors, the property offers a surprising amount of space and would make a brilliant first home.
The ground floor features a welcoming lounge, kitchen diner and downstairs WC, while the first floor provides two generous double bedrooms and the family bathroom.
The entire second floor is dedicated to the impressive main bedroom, creating a spacious and private retreat.
All three bedrooms are doubles, giving the home plenty of flexibility for couples, young families or those needing space to work from home.
Outside, there is an allocated parking space along with a fully enclosed rear garden enjoying a good degree of privacy, ideal for relaxing, entertaining or simply making the most of the warmer months.
Conveniently positioned for a wealth of everyday amenities and transport links, this is a superb opportunity for an eligible buyer to secure a spacious, well presented home at an affordable price and take that all important first step onto the property ladder.
Lounge 14'5" x 11'9" (4.40m x 3.60m) Separate WC Kitchen 11'5" x 8'2" (3.50m x 2.50m) First Floor Landing Bedroom One 11'9" x 10'2" (3.60m x 3.10m) Bedroom Two 11'9" x 8'10" (3.60m x 2.70m) Bathroom 5'2" x 5'2" (1.60m x 1.60m) Second Floor Landing Bedroom Three 19'0" x 8'2" (5.80m x 2.50m) Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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 Furnace Close, North Hykeham
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