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See how verdicts work8-bedroom property · LN1 3DF
For saleReduced £20.1k (−4.7%) on 21 JunListed 485 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Attention investors!
£54,000 per annum(approx) HMO licenced property - eight bedroom all en suite with kitchen, breakfast room, conservatory, basement cinema room set within Bay Fronted period property minutes away from the Bailgatge.
With accommodation over four floors, property in this location of this type are rarely available and offers great long term potential with existing income. EPC rating: D.
Entrance Hall Accessed by front door from small hardstanding area off the street. Laminate flooring and stairs to first floor and stairs to Basement.
Basement/Lounge (4.51m x 5.1m (14'10" x 16'9")) Kitchen (3.9m x 4.72m (12'10" x 15'6")) Window to rear aspect.
Fitted with range of base and wall units with work surfaces over, range oven/hob, drainer sink unit, dishwasher, three fridge/freezers and two washing machines. Under stairs storage cupboard.
Breakfast Room (1.8m x 4.17m (5'11" x 13'8")) Fitted with breakfast bar and seat with windows to side aspect and radiator.
Dining Room/Conservatory (3.17m x 4.2m (10'5" x 13'9")) Fitted with storage units to the rear aspect and laid as a dining room.
Bedroom Six (3.58m x 4.6m (11'9" x 15'1")) Accessed via ground floor hallway. Window to rear aspect with radiator. Bedroom furnished with double bed, mattress, chest of drawers and wardrobe.
En-Suite To Bedroom Six Fitted with low level wc, wash hand basin and shower cubicle with shower appliance and extractor fan.
Bedroom Seven (3.58m x 4.25m (11'9" x 13'11")) Accessed via ground floor hallway. Window to front aspect with radiator. Bedroom furnished with double bed, mattress, chest of drawers and wardrobe.
En-Suite To Bedroom Seven Fitted with low level wc, wash hand basin and shower cubicle with shower appliance and extractor fan. Bedroom Eight Accessed via ground floor hallway.
Window to front aspect with radiator. Bedroom furnished with double bed, mattress, chest of drawers and wardrobe.
En-Suite To Bedroom Eight Fitted with low level W.C, wash hand basin and shower cubicle with shower appliance and extractor fan. First Floor Landing Stairs to second floor.
Bedroom Two (3.66m x 4.26m (12'0" x 14'0")) Window to front aspect with radiator. Bedroom furnished with double bed, mattress, chest of drawers and wardrobe.
En-Suite To Bedroom Two Fitted with low level wc, wash hand basin and shower cubicle with shower appliance and extractor fan.
Bedroom Three (4.3m x 4.68m (14'1" x 15'4")) Window to front aspect with radiator. Bedroom furnished with double bed, mattress, chest of drawers and wardrobe.
En-Suite To Bedroom Three Fitted with low level wc, wash hand basin and shower cubicle with shower appliance and extractor fan.
Bedroom Four (3.3m x 3.67m (10'10" x 12'0")) Window to rear aspect with radiator. Bedroom furnished with double bed, mattress, chest of drawers and wardrobe.
En-Suite To Bedroom Four Fitted with low level wc, wash hand basin and shower cubicle with shower appliance and extractor fan.
Bedroom Five (3.3m x 4.6m (10'10" x 15'1")) Window to rear aspect with radiator. Bedroom furnished with double bed, mattress, chest of drawers and wardrobe.
En-Suite To Bedroom Five Fitted with low level wc, wash hand basin and shower cubicle with shower appliance and extractor fan.
Second Floor Bedroom One (3.77m x 4.09m (12'4" x 13'5")) Accessed off stairs rising from 1st floor landing. Window to rear aspect with radiator.
Bedroom furnished with double bed, mattress, chest of drawers and wardrobe.
En-Suite To Bedroom One Fitted with low level wc, wash hand basin and shower cubicle with shower appliance and extractor fan. Garden Garden laid to slabs with raised gravel area to rea.
Rear gate accesses alleyway to Lilys Road. Garden is accessed through conservatory door.
Agents Note These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Newton Fallowell nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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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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 12, Newport, Lincoln
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