3-bedroom detached house · LN1 3BD
To rentListed 67 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LOCATION Westgate is one of Lincoln's most prestigious addresses, situated within the heart of the historic Cathedral Quarter.
The property enjoys views of both Lincoln Castle and Lincoln Cathedral and is just a short walk from the Bailgate, which offers an excellent selection of independent shops, cafés, restaurants and public houses.
Lincoln City Centre, the University of Lincoln and the Brayford Waterfront are all within easy reach, while regular bus services and Lincoln Central Railway Station provide excellent transport links.
This exceptional location combines the character of Lincoln's historic centre with convenient access to a wide range of amenities.
ACCOMMODATION Occupying a superb position within Lincoln's sought-after Cathedral Quarter, this well presented Three Bedroom Home offers spacious accommodation throughout.
The internal accommodation comprises an Entrance Hall with useful storage, Downstairs WC, open plan Lounge Diner featuring a fireplace and patio doors to both the front and rear elevations, together with a fitted Kitchen.
The integral Garage benefits from a useful Utility Area.
To the First Floor are Bedroom One with hand basin and two built-in storage cupboards, Bedroom Two with a built-in storage cupboard, Bedroom Three with a built-in storage cupboard and the Family Bathroom, fitted with a four-piece suite comprising a bath, separate shower, WC and wash hand basin.
The property further benefits from gas central heating and double glazing.
A freestanding fridge freezer, washing machine and tumble dryer will remain at the property for the tenant's use; however, these items are provided on a non-maintained basis and will not form part of the tenancy.
The landlord will not be responsible for their repair or replacement during the tenancy.
OUTSIDE Double vehicle gates and a pedestrian gate provide access from Westgate onto a paved driveway and forecourt.
To the rear there is an enclosed courtyard garden with established flower and shrub borders.
The integral single garage is fitted with an up-and-over door and incorporates a useful utility area with a wash hand basin.
RENT AND DEPOSIT The asking Rent for the property is £1,600.00 per calendar month and the Tenancy Deposit is £1,845.00 (equal to 5 weeks' rent). The Holding Deposit for this property is £365.00.
ASSURED PERIODIC TENANCY The property will be let on an assured periodic tenancy (rolling monthly). The landlord is seeking a tenant for longer-term occupation.
ADDITIONAL FEES There are no application fees payable. You will be required to pay a Holding Deposit equal to one weeks rent to secure the property.
More information on charges to Tenants can be found on our website - VIEWINGS By prior appointment through Mundys.
THE RENTERS RIGHTS ACT 2025 New legislation was implemented in May 2026 and affects existing and new tenancies. More information on the changes is available at:
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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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.
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