3-bedroom house · LN1 1LQ
Listing removedReduced £100 (−9.1%) on 21 JulListed 113 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 2956053. We are proud to offer this spacious 3 bedroom terraced house located in the popular West End area of Lincoln.
This delightful property would be highly suited to a professional couple or small family, as it comprises a large living room, dining area, kitchen, downstairs bathroom, upstairs shower room, three upstairs bedrooms and a rear garden.
The property is within short walking distance of both the Bailgate and main city centre, which are home to the famous Lincoln Castle and Cathedral, and an array of shops, bars and restaurants.
Alternatively, those who prefer a taste of the great outdoors will be pleased to discover West Common which is just a stone's throw away.
While the property has retained several character features, it also benefits from enhanced environmental sustainability, having been upgraded with solar panels and an air source heat pump.
Residents parking permits are available from £26 per annum (for the first permit). The property is offered unfurnished and is immediately available. Viewing is highly recommended.
Please get in touch for further details or to arrange a viewing.
Summary & Exclusions: - Rent Amount: £1,145.00 per month (£264.23 per week) - Deposit / Bond: £1,145.00 - 3 Bedrooms - 2 Bathrooms - Property comes unfurnished - Available to move in from 04 July 2026 - Maximum number of tenants is 3 - No Students - No Smokers - Bills not included - Property has parking - Property has garden access - EPC Rating: D If calling, please quote reference: 2956053 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
Property Reference two million nine hundred and fifty-six thousand and fifty-three
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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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 advisers 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
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FAQ
About Richmond Road, Lincoln
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