28-bedroom detached house · LN1 1PA
For saleListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Investment Opportunity – Two Converted Student Properties, Newland and The Avenue, Lincoln This substantial student investment opportunity comprises two converted houses located on Newland and The Avenue in Lincoln.
Both properties are being offered together as one combined investment, providing a total of 11 flats and 28 rooms.
The Newland property has been converted into five flats comprising 12 rooms, while the second property on The Avenue is arranged as six flats comprising the remaining 16 rooms.
Together, the properties generate a combined gross rental income of £158,808 per annum, representing an attractive gross yield of 9.86%.
This provides an investor with the opportunity to acquire a sizeable, established portfolio with immediate rental income.
Both properties are positioned within a popular and well-established area of Lincoln, offering convenient access to the University of Lincoln, the city centre and a wide range of local shops, amenities and transport links.
Their location and flexible arrangement across 11 individual flats make the portfolio well suited to the city’s established student rental market.
Overall, this is a strong turnkey investment opportunity for someone looking to acquire two substantial converted properties with an attractive income and yield in a prime Lincoln student location.
For specific information regarding the layout, tenancy and rental income of each individual flat, please contact YieldMe directly.
For further information or to arrange a viewing, please contact YieldMe. A buyer’s fee of 2.4% including VAT applies upon successful completion.
Money Laundering – To comply with the Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017, any successful purchaser or purchasers will be asked to provide proof of identity.
We will therefore need to take copies of a passport or photo driving licence and a recent utility bill dated within the last three months.
We will require this information before solicitors are instructed.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 The Avenue, Lincoln, Lincolnshire
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