2-bedroom flat · LN5 8NR
Listing removedListed 70 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well proportioned, ground floor, riverside apartment located in the popular Newark Road area of the South of the city, and providing good access to local shopping and social facilities.
The accommodation comprises: Entrance lobby, lounge, kitchen, master bedroom with ensuite shower, further bedroom and bathroom. There is also an allocated parking space and patio area.
Viewing advised Introduction A well proportioned ground floor apartment located in the popular Newark Road area of the South of the city, and providing good access to local shopping and social facilities.
The accommodation comprises: Entrance lobby, lounge, kitchen, master bedroom with ensuite shower, further bedroom and bathroom. There is also an allocated parking space and patio area.
Viewing advised Location The apartment is located close to the River Witham, with a bridge providing pedestrian access into Lincoln.
The city of Lincoln is one of England's most historic cities, with the impressive Norman castle and one of the finest medieval cathedrals in Europe.
The city also benefits from two well-regarded universities, a fantastic entertainment district and a wealth of bars and restaurants.
The A15 and the A46 roads provide direct access to the north and south of the county. There are also direct trains to London and Edinburgh from Newark Northgate, within easy reach of Lincoln.
Accommodation Lounge, Kitchen, Two Bedrooms, Ensuite and Bathroom.
Entrance Hall Lounge (4m x 4.24m (13'1" x 13'10")) Integrated oven with hob and extractor hood over, integrated fridge, washing machine.
Kitchen (3.01m x 2.10m (9'10" x 6'10")) Bedroom One (3.04m x 3.44m (9'11" x 11'3")) Ensuite Shower Room Bedroom Two (2.27m x 2.87m (7'5" x 9'4")) Bathroom Energy Performance Certificate EPC rating: C Council Tax Band Council tax band: A Viewings Via agents, Mount & Minster llp .
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
Agent & docs
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FAQ
About 62, Fairfax Street, Lincoln
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