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See how verdicts work6-bedroom terraced house · LN5 7NE
Sold STCListed 213 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Investment Opportunity - 6-Bedroom Student HMO, St Andrews Street, Lincoln This well-positioned six-bedroom student HMO presents a solid and income-generating investment opportunity within one of Lincoln's established rental locations.
The property is currently producing £29,016 per annum (inclusive of bills), offering immediate income for an incoming investor.
Arranged as a six-bedroom HMO, the property provides well-proportioned bedrooms alongside communal kitchen and living facilities, making it well suited to student occupation.
The house has been maintained to a functional standard, ensuring continued tenant appeal and ease of letting.
There is clear potential to enhance rental performance through improved occupancy and a programme of cosmetic modernisation.
Upgrading key areas such as kitchens, bathrooms, and décor could further increase tenant demand and support higher rental levels over time.
Situated on St Andrews Street, the property benefits from a convenient location with access to local amenities and transport links, making it attractive to students and young tenants alike.
Overall, this is a dependable, income-producing investment offering immediate returns, with scope to add value and increase income within Lincoln's consistently strong student market.
For further information or to arrange a viewing, please contact YieldMe. A buyer's fee of 2% + VAT applies to all successful purchases.
Money Laundering - To comply with The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 any successful purchaser/purchasers will be asked to provide proof of identity and we will therefore need to take copies of a passport/photo driving licence and a recent utility bill (not more than three months old).
We will need this information before Solicitors are instructed.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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

FAQ
About St. Andrews Street, Lincoln, Lincolnshire, LN5
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