3-bedroom terraced house · LN5 7XD
For saleListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Pridea Sales & Lettings are pleased to offer for sale this well-located three-bedroom terraced property, currently tenanted and providing an excellent investment opportunity with tenants in situ.
The property briefly comprises three good-sized bedrooms, a front lounge, separate dining room, modern kitchen and ground floor bathroom.
To the rear is a garden area with useful storage, while on-street parking is available to the front. In 2018, planning consent was granted to enable the property to be used as an HMO.
This consent remains in place until 2028, with the existing use protected thereafter, whether as an HMO or single-let property.
The property is currently let at £795 per calendar month, with the next rent review due in March 2027.
Situated on Scorer Street, just off Lincoln's main High Street, the property is ideally positioned for easy access to the city centre, local amenities and the main transport links.
An attractive opportunity for landlords looking to add a well-positioned three-bedroom property with an existing tenant and established rental income to their investment portfolio.
Notice Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items.
All measurements are approximate and photographs provided for guidance only.
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
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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 advisors 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 20, Scorer Street, Lincoln
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