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See how verdicts work2-bedroom flat · LN5 7SB
For saleListed 329 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION A Two Bedroom Ground Floor Apartment offered with no onward chain.
This conveniently located apartment provides practical, well arranged living space ideal for first time buyers, downsizers, or investors.
The accommodation comprises of: Lounge, Kitchen, Two Double Bedrooms, and a Shower Room.
LOCATION The historic Cathedral and University City of Lincoln has the usual High Street shops and department stores, plus banking and allied facilities, multiplex cinema, Marina and Art Gallery.
The famous Steep Hill leads to the Uphill area of Lincoln and the Bailgate, with its quaint boutiques and bistros, the Castle, Cathedral and renowned Lincoln Bishop University.
LOUNGE 11' 5" x 9' (3.48m x 2.74m) Accessed via a porch, the lounge offers an open plan layout with a UPVC double glazed window to the front aspect, radiator and laminate flooring.
KITCHEN 6' 10" x 8' (2.08m x 2.44m) Situated directly off the lounge, the kitchen provides a practical layout with a range of base units and worktops, electric hob with oven and extractor, stainless steel sink with drainer and mixer tap, integrated fridge and freezer, tiled flooring and laminate flowing through from the lounge.
BEDROOM 1 11' 4" x 7' 7" (3.45m x 2.31m) A comfortable double bedroom featuring UPVC windows to both the front and side aspects and radiator.
BEDROOM 2 9' 4" x 8' 6" (2.84m x 2.59m) A second double bedroom with UPVC window to the side aspect, radiator and built-in storage cupboard housing the boiler.
SHOWER ROOM Fitted with a three piece suite including shower tray with mermaid boarding, WC, and vanity unit, tiled flooring, extractor, LED spotlights and an upright towel radiator.
LEASEHOLD INFORMATION Length of Lease - TBC Years Remaining on Lease - 76 years Annual Ground Rent - £30.00 Ground Rent Reviewed - Annually in TBC Annual Service Charge Amount - £918.00 Service Charge Reviewed - Annually All figures should be checked with the Vendor/Solicitor prior to Exchange of Contracts and completion of the sale.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Monson Street, Lincoln
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