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See how verdicts work3-bedroom terraced house · LN2 5LB
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offering approximately 1,130 sq.
ft of accommodation arranged over three floors, this spacious three-bedroom property presents an exciting opportunity for buyers looking for a property with genuine potential.
The accommodation is arranged across three levels and offers a versatile layout, with the first floor comprising a welcoming bay-fronted living room, separate dining room and a generous kitchen.
The two reception rooms provide excellent flexibility for modern living, while the kitchen offers scope for improvement and modernisation to suit individual requirements.
The second floor provides three bedrooms and two bathrooms, including a particularly spacious principal bedroom.
The accommodation could work well for a family, professional household or those looking for additional rooms for guests, working from home or other uses.
A particularly appealing aspect of the property is the two-room basement, providing a significant amount of additional space.
The larger basement room is generously proportioned, with the second room providing further useful accommodation.
This additional space creates considerable flexibility and could be of particular interest to buyers looking to maximise the property's potential, subject to the necessary permissions and consents.
The property is likely to appeal to investors and buyers seeking a project, offering the opportunity to modernise, improve and potentially add value over time.
Its substantial accommodation, versatile three-storey layout and additional basement space provide an excellent foundation for those looking to put their own stamp on a property.
For owner-occupiers, the property offers the opportunity to create a spacious and individual home, while investors may find the combination of three bedrooms, two reception rooms, two bathrooms and substantial basement accommodation particularly attractive.
Overall, 319 Monks Road represents a property with considerable potential, offering generous accommodation and plenty of scope for improvement.
Early viewing is highly recommended to fully appreciate the size, layout and possibilities this property has to offer.
EPC Rating: D Entrance Hallway 4.58m x 3.63m A welcoming entrance area providing access through the property and connecting the main accommodation with the basement.
Basement Room One 4.58m x 3.63m A substantial basement room offering a generous amount of additional space and excellent flexibility for a variety of uses, subject to any necessary consents.
Basement Room Two 2.44m x 2.73m A further basement room providing useful additional space, with potential for storage, hobbies or alternative uses.
First Floor Landing 0.91m x 3.53m A central landing providing access to the first-floor accommodation and staircase to the upper floor.
Living Room 3.17m x 3.32m A well-proportioned living space positioned to the front of the property, featuring a bay window that provides character and natural light.
Dining Room 3.63m x 3.59m A generous second reception room offering an ideal space for dining and entertaining, while also providing flexibility for alternative uses.
Kitchen 2.44m x 4.49m A spacious kitchen with plenty of room for a range of units and appliances, offering scope for updating to suit individual requirements.
Second Floor Landing 0.73m x 3.49m A useful upper-floor landing providing access to all three bedrooms and both bathrooms.
Bedroom One 4.51m x 3.31m A generously proportioned principal bedroom with ample space for a double bed and additional bedroom furniture.
Bedroom Two 2.85m x 2.47m A well-proportioned second bedroom offering comfortable accommodation and flexibility for furniture placement.
Bedroom Three 2.43m x 2.67m A versatile third bedroom which could also lend itself to use as a home office, guest room or additional living space.
Bathroom One 1.86m x 2.01m A practical bathroom serving the upper-floor accommodation.
Bathroom Two 1.52m x 1.99m A second bathroom providing additional convenience and flexibility for the household.
Garden A fully enclosed, paved rear yard bordered by brick walls, offering a private outdoor space with potential for landscaping and improvement.
The existing hardstanding provides a practical base, with scope to create a more attractive and functional garden or entertaining area.
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 Monks Road, Lincoln, LN2
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