11-bedroom house · LN2 1NN
For saleListed 228 days
Opportunity summary
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About
Attention investors! Currently let and achieving circa £66,000 per annum this prestigious town house offers accommodation over four floors and approaching 3000 square feet.
Located within easy walking distance of the City Centre and the Uphill areas this property is finished to a high standard with 11 bedrooms, most of which have their own kitchen and en suite facilities.
A communal lounge and kitchen are provided for socialising and in the basement is a purpose fitted laundry.
The propety is being sold complete with tenants and furnishings so can be an income generator from day one. To the rear of the property are several parking spaces. EPC rating: D.
Ground Floor Entrance The property is entered via a entrance hall with a feature glazed roof. Hallway With stairs to the first floor landing and access to the basement.
Room 8 (5.18m x 5.51m (17'0" x 18'1")) With walk in bay window, kitchenette area with built in oven and hob and access to en suite shower room.
Room 8 En Suite Shower Room (1.52m x 1.98m (5'0" x 6'6")) With corner shower, low level wc and wash basin. Room 9/10 Lounge A shared lounge area for rooms nine and ten with kitchen and shower room.
Room 9/10 Kitchen (1.63m x 2.9m (5'4" x 9'6")) With base and eye level units with worktop, sink, built in oven hob with extractor.
Room 9 (11.2m x 14m (36'9" x 45'11")) With bay window to the rear elevation. Room 10 (2.92m x 5.26m (9'7" x 17'3")) With window to the side elevation.
First Floor Landing With stairs taken from the entrance hall. Room 4 (3.63m x 4.17m (11'11" x 13'8")) With window to the side elevation.
Room 4 En Suite With corner shower, low level wc and vanity unit with wash basin. Room 5 (2.9m x 5.54m (9'6" x 18'2")) With window to the rear elevation and en suite shower room.
Room 5 En Suite With corner shower, low level wc and vanity unit with wash basin. Room 6 (2.26m x 3.3m (7'5" x 10'10")) With window to the front elevation.
Shower Room For use by room 6 with access from rear landing, with corner shower, low level wc and vanity unit wash basin.
Room 7 (5.56m x 6.2m (18'3" x 20'4")) With bay window to the front elevation, kitchenette including base units with worktop, sink, built in electric oven and hob.
Room 7 En Suite With corner shower, low level wc and vanity unit with wash basin. Second Floor Landing With stairs taken from the first floor landing.
Room 1 (2.67m x 3.61m (8'9" x 11'10")) With window to the rear elevation. Room 2 (3m x 3.68m (9'10" x 12'1")) With window to the rear elevation and en suite.
Room 2 En Suite With shower cubicle, vanity unit with wash basin and low level wc. Room 3 (3.07m x 4.22m (10'1" x 13'10")) With window to the front elevation and radiator.
Room 3 En Suite With shower cubicle, vanity unit with wash basin and low level wc.
Lounge (2.97m x 4.22m (9'9" x 13'10")) A communal lounge area with window to the front elevation leading through to kitchen.
Kitchen (3.45m x 4.62m (11'4" x 15'2")) With window to the front elevation, range of base and eye level units with worktop, sink, built in oven with hob and extractor.
Basement Level With access to Room 11 and Utility Room. Room 11 (2.01m x 2.34m (6'7" x 7'8")) With base and eye level units, worktop, sink and built in oven, hob with extractor.
Room 11 En Suite With corner shower, low level wc and vanity unit with wash basin. Utility Room With plumbing for washing machine and tumble dryers.
Agents Note These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Newton Fallowell nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 5, Lindum Road, Lincoln
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