4-bedroom house · LN1 2SZ
For saleReduced £124k (−17.7%) on 26 JunListed 196 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Starkey&Brown are delighted to present this immaculately maintained holiday let - a spacious and beautifully converted barn offering a rare and highly profitable business opportunity.
Set in a peaceful countryside location less than four miles from the cathedral city of Lincoln, it combines rural charm with excellent accessibility.
The property is also just one mile from the Lincolnshire Showground, a well known venue hosting major events throughout the year, further boosting its appeal to visitors.
The property boasts an outstanding rental track record, currently generating approximately £85,000 per annum, with further potential to increase revenue.
Accommodating up to 16 guests, this impressive barn conversion is sold fully furnished with high-quality fixtures and fittings throughout.
The tastefully presented and generously proportioned accommodation includes a large open-plan living area, providing ample seating and entertaining space for many guests, along with four double bedrooms (two on the ground floor and two on the first floor), each benefitting from its own en-suite.
Externally, the property offers ample parking for up to six vehicles, as well as a pleasant garden complete with outdoor furniture and a hot tub.
This highly successful business is offered with a strong pipeline of forward bookings, allowing the new owner to begin generating income immediately upon completion.
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 Hideaway, Glebe Farm, Lincoln
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