2-bedroom bungalow · LN5 7QJ
For saleReduced £3.5k (−2.4%) on 20 FebListed 623 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern bungalow with charming south-facing garden Situated just off Lincoln High Street and within walking distance of the city centre, this modern bungalow on Princess Street offers convenient and comfortable living.
The accommodation comprises an entrance hallway with a large storage cupboard, an open-plan living and kitchen area with patio doors leading to the garden, two generously sized bedrooms, and bathroom.
Externally, the property boasts a delightful south-facing garden, enclosed by a brick wall for privacy, along with a useful outbuilding and gated pedestrian access onto Princess Street.
Call today to arrange a viewing!
Entrance Hall Kitchen/Dining Room/Lounge 5.06m x 3.63m - 16'7” x 11'11” Bedroom 1 4.01m x 2.79m - 13'2” x 9'2” Bedroom 2 4.02m x 2.19m - 13'2” x 7'2” Bathroom 1.97m x 1.75m - 6'6” x 5'9”
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
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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
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FAQ
About 117, Princess Street, Lincoln
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