1-bedroom flat · LN2 4DU
Listing removedListed 155 days
Opportunity summary
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About
Starkey&Brown are pleased to offer for rent this open plan ground floor apartment located within the Carlton Boulevard area of Lincoln within easy walking distance to a wide range of amenities.
Accommodation briefly comprises 17'10 open plan living, dining and kitchen area, double bedroom and shower room.
Outside the property has the added benefit of it's own allocated parking space within a quiet courtyard position. Separate Monthly Utility Charge £206.00. Leasehold. Council tax band: A.
Open Plan Living Area (17' 10'' x 9' 5'' min (5.43m x 2.87m)) Having a part-glazed front entrance door, a cloak cupboard, a kitchen area with wall and base units, a circular stainless steel sink unit with mixer taps over, a built-in oven, a 2-burner hob, space for a fridge freezer, laminate wood effect flooring, a radiator, a door leading to a shower room, and an opening leading into: Bedroom (11' 6'' x 9' 5'' max (3.50m x 2.87m)) Having an open-fronted wardrobe with hanging rails and shelving over, laminate wood effect flooring, and a radiator.
Shower Room Having a 3-piece suite comprising a shower cubicle with mains-fed shower and glass shower door, pedestal wash hand basin with tiled splash backs, low-level WC, ceramic tiled floor, utility with plumbing for washing machine and shelving over, radiator, and an extractor.
Outside The property has its own allocated parking space located right outside the front door in a courtyard position.
Agents Note This property is being sold on a leasehold basis, which is 125 years that commenced in 2007. Ground rent payable is £100 per annum.
Agents Note 2 We are advised by the vendors that £130 per month is payable, which includes gas, electric and water. Call for more details. Agents Note 3 The property is registered as Leasehold.
Starkey&Brown has not inspected the lease and recommends that any purchaser inspect the lease before legally exchanging contracts.
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 2, Howe Court, Lincoln
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