1-bedroom flat · LN2 1JZ
For saleListed 497 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This unique top floor apartment comes with an impressive private roof terrace. Having an open plan living arrangement, the home comes with fitted kitchen units and stepped access to lounge diner area.
Furthermore, there is one double bedroom with an en-suite, impressive entrance hall come conservatory with glass window aspect leading onto a private roof terrace.
Currently, the apartment is rented with the property to be sold with tenants in situ paying £7,500pa - a gross yield of 6.25%. Council tax band: A. Leasehold.
Agents Note Please be aware photos were taken Q1 2023
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
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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
Agent & docs
FAQ
About Apartment 9, 50 Clasketgate, Lincoln
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