1-bedroom flat · LN1 1PD
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LOCATION The Avenue is situated within a popular residential area close to Lincoln City Centre.
The property is well placed for access to the City's High Street, with a wide range of shops, cafés, restaurants and everyday amenities available nearby.
Lincoln Cathedral and the historic Cathedral Quarter are also within easy reach, while the University of Lincoln, Brayford Waterfront and Railway Station are accessible from the City Centre.
The property also provides good access to the A57 and wider road network for travel across Lincoln and further afield.
ACCOMMODATION This cosy Self-Contained Studio is located in the heart of Lincoln and offers practical accommodation throughout.
The property is accessed via an Entrance Hall with Built-in Storage, leading through to the Open Plan Living, Sleeping and Kitchen Area, with Patio Doors providing access to the Communal Courtyard.
There is also a Shower Room and Pantry. A Fixed Utility Cost of £125.00 per calendar month applies, covering Gas, Electricity and Water.
OUTSIDE The property benefits from a Secured Communal Entrance Hall, together with additional Rear Access.
There is no Allocated Parking provided with the property, although On-Street Parking and Resident Permit Parking are available within the local area.
COMMUNAL AREAS The property benefits from access to a Communal Utility Room with Washing Machine.
RENT AND DEPOSIT The asking Rent for the property is £600.00 per calendar month and the Tenancy Deposit is £690.00 (equal to 5 weeks' rent). The Holding Deposit for this property is £135.00.
ASSURED PERIODIC TENANCY The property will be let on an assured periodic tenancy (rolling monthly). The landlord is seeking a tenant for longer-term occupation.
ADDITIONAL FEES There are no application fees payable. You will be required to pay a Holding Deposit equal to one weeks rent to secure the property.
More information on charges to Tenants can be found on our website - VIEWINGS By prior appointment through Mundys.
THE RENTERS RIGHTS ACT 2025 New legislation was implemented in May 2026 and affects existing and new tenancies. More information on the changes is available at:
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 The Avenue, Lincoln
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