3-bedroom terraced house · LN2 5JZ
Let agreedListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
East city location & available now! Viewing is recommended of this 3 bedroom home. The property provides well presented, spacious and flexible accommodation across three floors.
The internal accommodation includes: Lounge, Dining Room, Kitchen, 3 Bedrooms, Study/Bedroom 4, Utility, Bathroom & Shower Room.
A deceptively spacious three bedroomed three storey house to the East of the Cathedral City of Lincoln, within close proximity to the City Centre, Lincoln County Hospital and the Eastern Bypass.
The property has well-presented and versatile accommodation comprising of Hall, Lounge, Dining Room, Kitchen and a First Floor Landing leading to two double Bedrooms, a Study and Family Bathroom.
The property further benefits from a Basement Level with Bedroom 3, Utility Room and Shower Room. Outside there is an enclosed courtyard with brick outbuilding.
Viewing of this property is essential to appreciate the accommodation on offer.
Location The property is situated to the east of the Cathedral City of Lincoln, providing easy access to Lincoln City centre, Lincoln County Hospital, the Eastern Bypass and a full range of amenities including: Shops, schools, supermarkets and leisure facilities.
Accommodation The property provides well presented internal accommodation spread over three floors.
The internal accommodation briefly comprises: Entrance Hall, Lounge, Dining Room, Kitchen, Stairs leading to: Bedroom 3, Utility and Shower Room.
Stairs & Landing leading to Bedroom 1, Bedroom 2, Bedroom 4/Study and family Bathroom. The property also benefits from gas central heating and double glazing.
Viewing is required to appreciate the size and standard of the accommodation on offer. Outside The property is set back from the road by a small yard behind low level wall.
To the rear there is an enclosed courtyard with a brick storage shed. Rent and deposit The asking Rent for the property is £1100 Per Calendar Month.
The Tenancy Deposit is £1,265 / equal to 5 weeks Rent. The Holding Deposit is £250.00. Tenancy term The property is to be let with an initial 12 month fixed term, unless negotiated otherwise.
Charges to tenants There are no application fees payable. You will be required to pay a Holding Deposit equal to one weeks rent to secure the property.
More information on charges to Tenants can be found on our website - viewings By prior appointment through Mundys.
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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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 285, Monks Road, Lincoln
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