3-bedroom terraced house · LN2 5NE
Let agreedListed 40 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**no deposit option available** **available December** Conveniently located close to Lincoln College, schools and local amenities. Fully decorated, three bedroom spacious family home.
Comprises of: Entrance: Leading to two open plan reception rooms, with natural wood renovated flooring and open fire place as a feature in the dining and living area.
Living area - Bay window, letting in plenty of light and neutrally newly decorated throughout kitchen - With new white good appliances included, including an electric oven, separate hob, under counter fridge, freezer and dishwasher.
Bathroom - Located on the ground floor to the rear of the property - Electric shower over the bath and washing machine/small utility area located within the bathroom.
Bedroom 1 - Master bedroom, neutrally decorated, window to the front aspect. Bedroom 2 - Second Double bedroom, neutrally decorated. Bedroom 3 - Good sized single bedroom, neutrally decorated.
Window to the rear aspect. EPC Rating D, Rent excludes the tenancy deposit and any other permitted payments. Deposit payable is £1,125.
A Holding Deposit of £225, based on the advertised rent, is required to reserve this property
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.
Area
Agent & docs
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FAQ
About 24, Fairfield Street, Lincolnshire
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