9-bedroom detached house · LN6 8RT
For saleListed 283 days
Opportunity summary
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About
An excellent opportunity to acquire this substantial detached 9 bedroom family home with separate former 4 bedroom coach house on a large site area of 0.776 acres (0.314 ha).
The property has has a number of uses including residential. former care home, clinic.
The agents believe the property would suit not only a superb substantial family home, but would also suit commercial, health, specialist care home, educational uses or residential redevelopment.
Location The property is situated in an established and popular residential area of the city.
It is close to all local amenities and is within 2 miles of the city centre to the North and 2 miles from the A46 to Newark and the A1 to the South.
The property is close to all local amenities including the supermarkets of Asda, Sainsburys.
There are a number of excellent local schools, leisure centres and it is also close to the North Hykeham train station with easy access to Lincoln City and Newark to the south with access links to the main network to London's Kings Cross.
Lincoln is a cathedral city and district in Lincolnshire, of which it is the county town. In the 2021 Census, the city's district had a population of 103,813.
The 2021 census gave the urban area of Lincoln, including Bracebridge Heath, North Hykeham, South Hykeham and Waddington, a recorded population of 127,540.
The city is the home to many Hi-Tech defence and gaming companies.
The city has an excellent university and several col ACCOMMODATION The property comprises a substantial attractive residential house built in 1908 with former coach house to the rear.
The property sits on a substantial site area of 0.776 acres (0.314 ha). The property has an outside timber store/workshop, outside WC and a greenhouse. The property has an elevated patio and BBQ area.
The gardens have well kept and landscaped mature gardens. The property also has a separate gated access to the Coach House if needed via the rear cul de sac.
The whole plot is fully fenced with gated access to Newark Road.
The accommodation comprises:Main House 2826 sqft (262.5 sqm)Ground floor with Attractive Entrance Hall, Lounge, games room, clinic, Large kitchen/diner, pantry, various stores and utility room, laundry, stores and independent separately accessed clinic, with waiting room and WC with steps and disabled ramp from outside to the rear of the main house.
First Floor, Large landing, with 9 bedrooms with 3 double and ensuites and 6 bedrooms with 2 f SERVICES Mains Water, gas, electricity and drainage are connected to the property.
The main house has been recently fitted with a 70 KW commercial gas boiler at a cost of in excess of £15000.
TENURE The property is offered for sale with vacant possession or can be sold with the existing tenants and the users of the clinic.
The Coach House is let at £1200 pcm and the Clinic at £1000 pcm. The property is also successfully used as an Air B and B.
RATES Main house has a council tax band of FThe former Coach House has a council tax band of C Energy Performance Certificate The property has an EPC rating of D LEGAL COSTS Each party are responsible for their own legal costs VAT The price is exclusive of VAT which is not chargeable.
LOCAL AUTHORITY Lincoln City CouncilCity Hall Beaumont FeeLincoln LN1 1DD Tel VIEWINGS Contact Pygott & Crone Commercial 36a Silver Street Lincoln LN2 1EWTel
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 Newark Road, Lincoln, Lincolnshire, LN6
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