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See how verdicts work1-bedroom flat · LN5 7LA
For saleListed 525 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** great investment or first time buy opportunity** This one-bedroom flat is situated in a quiet residential development just off Cross Street, within walking distance of Lincoln city centre.
Built after 1980, the property is part of a well-maintained block comprising 16 flats, making it an ideal choice for first-time buyers or investors seeking a low-maintenance home with strong rental potential of £650 pcm, giving a fantastic 9% gross yield.
The accommodation briefly comprises an open plan kitchen-living space, double bedroom and bathroom. You further benefit from secure gated access with a specific and spacious allocated car port space.
Ideally located in the centre of the city, and just a short walk from Lincoln's well connected train station where you know benefit from a two hour direct train into central London.
You further benefit from a range of popular local schools nearby and Lincoln's ever growing University is just a short walk away, ideal for both students and teachers alike.
Vicarage Court presents an excellent opportunity for those seeking an affordable property in a convenient location with strong rental prospects.
Agents Note - Please note - We have been advised that the property is Leasehold with 120 years left on the lease and that the cost per annum for ground rent and service charge is approximately £1666.
Entrance Hall Lounge Dining Room 5.38m x 3.96m - 17'8” x 12'12” Kitchen 2.54m x 2.03m - 8'4” x 6'8” Bedroom 4.37m x 2.95m - 14'4” x 9'8” Bathroom 2.06m x 1.73m - 6'9” x 5'8”
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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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.
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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
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FAQ
About 9, Vicarage Court Cross Street, Lincoln
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