Terraced house · LN6 3QY
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property comprises a serviced yard that offers a regular shaped, level, secure site of 0.33 acre (0.133 hecatares) with primarily hard standing surface.
The land is situated on the south side of Westminster Road, which is a sought after and well established commercial location.
It is situated approximately 1 mile from the A46 Lincoln Bypass and Lincoln City Centre lies only 3.5 miles to the north east.
Location The property is situated within the established Westminster road industrial estate within 1 mile of the main A46 western bypass which is 15 miles from the main A1 at Newark and the national motorway network.
ACCOMMODATION The site is fully fenced and gated and has a hardcore finish, The site extends in the region of 0.33 acres (0.133 Ha).
PLANNING The property has established us for light industrial and storage SERVICES Mains electricity, water and drainage are connected TENURE The property is offered on a new 3 year lease with the tenant responsible for repairs and insurance.
The tenant is required to pay a 3 month deposit at the start of the lease.
CEPC Not applicable VAT The rent is exclusive of VAT LOCAL AUTHORITY Contact North Kesteven District Council Tel VIEWINGS Contact Pygott & Crone Commercial Tel
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 Westminster Industrial Estate, Station Road, North Hykeham, LN6
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