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See how verdicts work2-bedroom flat · LN1 3BZ
Listing removedListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Full Description Beautifully presented first floor apartment, situated close to Lincoln's historic city centre.
This stunning property boasts an unbeatable combination of style, comfort, and convenience.
This property features a well proportioned living area, flooded with natural light and offering great views of the city from the large balcony.
The modern kitchen is equipped with a range of built-in appliances.
It has two generously sized bedrooms, both beautifully decorated and offering plenty of storage space, making this apartment the perfect choice for first-time buyers, couples, or professionals looking for a hassle-free living experience.
The stylish bathroom is fully tiled and features a modern suite, . A paved driveway provides secure and convenient parking, with ample space for one vehicle.
Additional storage is available in the garage, perfect for storing bikes, outdoor equipment, or other bulky items.
Located just a short stroll from the city centre and Cathedral Quarter, this apartment offers easy access to a variety of local shops, amenities, and transport networks.
Council tax band: C Annual maintenance charge: Ask vendor for details. **enquiries** For all enquiries, viewing requests or to create your own listing please visit the Emoov website.
If calling, please quote reference: S4825 Hallway UPVC front door into hallway with under-stair cupboard & further built in cupboards providing useful additional storage space.
Stairs leading up to first floor living accommodation, with UPVC windows to front & side, with radiator. Also containing combination gas boiler.
Living Room (15.11' x 15.90') With UPVC window to the front & UPVC door to the balcony with radiator. Kitchen (11.7' x 6.1') Fully fitted kitchen with shaker style units.
Built in single electric fan oven, gas hob & built in microwave oven. Composite sink with drainer & mixer tap. UPVC window to the front.
Balcony Fully paved, spacious south facing balcony with fitted awning above, providing fantastic views of the city.
Bedroom 1 (15.2' x 12.5') Master bedroom with UPVC window to the rear, radiator & storage cupboard. Bedroom 2 (11.1' x 10.2') With 2 UPVC windows to the rear & radiator.
Bathroom 3 piece bathroom suite to comprise of bath with shower over, WC, wash hand basin with illuminated cabinet above, chrome towel radiator and fully tiled walls and floor.
Outside Paved driveway providing parking for one vehicle. 2 storage cupboards with UPVC doors. Single garage with electric roller door.
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
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.
Area
Agent & docs
FAQ
About 8 St. Michaels Terrace, Lincoln
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