1-bedroom house · LN5 7XE
Let agreedReduced £25 (−5%) on 27 SepListed 28 days
Opportunity summary
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About
🏠 Charming Double Room in Shared House – All Bills Included Location: Scorer Street, Lincoln 💷 Rent: £499 PCM | 🔒 Deposit: £499 | 📝 Holding Deposit: Equivalent to one week's rent Presented by Properties on the Market We are pleased to offer a well-maintained brick terraced house located in the sought-after Scorer Street area, featuring a fully furnished double room within a comfortable shared residence.
📍 Prime Location Convenient access to: Sincil Bank High Street Lincoln City Centre University of Lincoln Boultham Park 🛏 Property Features 4 Bedrooms 1 Shared Bathroom Modern kitchen with a breakfast bar Bright backyard – ideal for relaxation or socialising Parking Available 🛋 Room Details The double room is furnished with: Double bed Wardrobe Chest of drawers Bedside cabinet Private fridge freezer 💡 Utilities & Connectivity All-inclusive bills – powered by Anglian Water, Scottish Power & Virgin Media Strong mobile coverage from EE, Virgin, O2, Vodafone Deposit = Rent – easy and transparent move-in process 🧾 Additional Information Council Tax Band: A EPC Rating: D Safe area – no flood risk, coastal erosion, or coalfield concerns • Client Money Protection provided by Propertymark (Membership ID – C0120667) • Member of The Property Ombudsman Scheme (Membership ID – D7246) • Charges for tenancy variations, late rent payments, early termination of tenancy, and replacement of lost keys or security devices may apply in accordance with the terms of the tenancy agreement.
🚫 Please Note: No step-free access, wet rooms, or lateral living home-based businesses are not permitted 📞 Interested?
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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
FAQ
About 61 Scorer Street, Lincoln, Lincolnshire, LN5 7XE
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