2-bedroom house · LN2 1RF
Let agreedReduced £50 (−3.8%) on 16 OctListed 38 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A unique opportunity to rent this attractive home located in the sought after uphill district of the city with local shopping and social amenities within close proximity.
The accommodation comprises: Entrance hall, open plan living room / kitchen, conservatory, 2 bedrooms, shower room and bathroom. The property is offered furnished.
Introduction This two bedroom fully furnished house is conveniently located just off of the Bailgate and offers modern accommodation.
Inside the property is comprised of: Lounge Kitchen, Bathroom, Conservatory, Two Bedrooms and a Shower Room. Call today to arrange a viewing.
Location 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 property is situated on the edge of the historic bailgate area of Lincoln, a popular part of the city with picturesque streets and historic interest, as well as having a superb selection of amenities, schools and excellent transport links.
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, within easy reach of Lincoln.
Accommodation Lounge Kitchen (4.87m x 2.6m (15'11" x 8'6")) Washing machine, Bosch oven with hob over, integrated fridge, integrated dishwasher.
Conservatory (3.69m x 2.97m (12'1" x 9'8")) Bathroom (1.65m x 2.41m (5'4" x 7'10")) Bedroom One (2.18m x 4.51m (7'1" x 14'9" )) Shower Room First Floor Landing Bedroom Two (4.53m x 2.90m (14'10" x 9'6" )) Energy Performance Certificate EPC: E Council Tax Band Council Tax Band: A Viewings By prior arrangement with the Sole Agents .
Particulars Drafted following clients' instructions of February 2023.
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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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
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FAQ
About Old Choir School, 3, Nettleham Road, Lincoln
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