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See how verdicts work2-bedroom terraced house · LN5 7LT
For saleListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TURNKEY INVESTMENT OPPORTUNITY – CURRENTLY LET AT £1,300 PCM INCLUDING BILLS – FULLY MANAGED BY CLOUD LETTINGS FOR 12% + VAT An excellent opportunity to acquire a well-presented two bedroom investment property on Cross Street, Lincoln, ideally positioned close to Lincoln city centre, the University and regular public transport links.
The property is currently operated as a rental investment and is achieving £1,300 per calendar month including bills, providing an immediate income stream for the new owner.
The property is fully managed by Cloud Lettings in Lincoln, with management charged at 12% plus VAT, making this an attractive turnkey investment for both experienced and first-time landlords.
Internally, the property is presented in excellent condition and briefly comprises: Ground Floor * Two well-proportioned reception rooms * Fully fitted kitchen First Floor * Two double bedrooms * Shower room Externally, the property benefits from a private garden to the rear, providing a useful outdoor space.
The property’s location is particularly well suited to the rental market, being within easy reach of Lincoln city centre, the University and regular public transport services, with a range of local amenities close by.
With an established rental arrangement, professional management already in place and the property presented in excellent condition, this represents a ready-to-go investment opportunity requiring minimal involvement from the new owner.
Current Rental Income: £1,300 PCM including bills Management: Cloud Lettings, Lincoln – 12% + VAT Early viewing is recommended to appreciate the condition, location and investment potential of this property.
Lounge - 3.49m x 3.42m (11'5" x 11'3") - Dining Room - 3.47m x 3.42m (11'5" x 11'3") - Kitchen - 3.14m x 2.12m (10'4" x 6'11") - Hall - 0.82m x 2.20m (2'8" x 7'3") - Landing - 0.82m x 2.00m (2'8" x 6'7") - Bedroom 1 - 3.49m x 3.54m (11'5" x 11'7") - Bedroom 2 - 3.55m x 2.85m (11'8" x 9'4") - Shower Room - 3.06m x 1.97m (10'0" x 6'6") - Garden - Services - All Mains Services Gas Central Heating UPVC Double Glazed Windows throughout Fully Furnished Rental Investment Currently Let £1300PCM including bills Fully Managed Investment - Cloud Lettings % + VAT EPC Rating D Council Tax Band A
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 advisers 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.
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FAQ
About Cross Street, Lincoln
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