2-bedroom terraced house · LN1 3JD
No longer listedReduced £35 (−3.8%) on 7 OctListed 67 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cosy two bedroom property in the sought after Uphill area near the Castle and Cathedral, just a short walk to the City Centre.
Modern apartment with two double rooms available in a great Uphill location, close to Lincoln's historical old town. Walking distance to the Castle Cathedral and fantastic bars and restaurants.
Unfurnished, with a TV in lounge and white goods in the kitchen included on a no repair no replace basis. Up to 2 parking permits available through City of Lincoln Council permit scheme for a fee.
Gas central heating.
Residential - Contact our friendly team at Cloud today to arrange your viewing: WhatsApp - Call - Email - **Please note viewings cannot be arranged prior to completion of the pre-application forms, which includes an affordability check and a soft credit check, completed through Right Move** Cloud Lettings are a member of the Tenancy Deposit Scheme, ARLA, The Property Ombudsman, and are part of the Propertymark Client Money Protection scheme.
Cloud Lettings are also an Associate Agent of the City of Lincoln Trusted Landlord Scheme.
For further details of all tenancy fees, please see our website here: Any information collected from you will be processed in accordance with the General Data Protection Regulation.
Full details of how Cloud Lettings Ltd process your information can be found on our website here: Utilities: The rent does not include utility bills, internet, Council Tax or TV license payments.
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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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
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FAQ
About Albany Street, Lincoln
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