3-bedroom property · LN5 7UR
Listing removedListed 472 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Mid Terraced House situated in a cul de sac city centre position. Currently tenanted with a gross income of 9.2% and with new tenants signed up for the next academic year until September 2026.
The accommodation comprises Entrance, Living Room, Breakfast Kitchen, Downstairs Bedroom & Bathroom, First Floor Landing and Two Double Bedrooms.
The property benefits from Gas Central Heating and uPVC Double Glazing. EPC rating: D. Entrance Hall Door to side aspect. Living Room (11'2" x 10'8" (3.4m x 3.25m)) Radiator and stairs to first floor.
Breakfast Kitchen (22'4" x 6'8" (6.81m x 2.03m)) Window and door to side aspect. Fitted with a range of wall and base units with work surface and drainer sink unit over. Breakfast bar feature.
Fitted oven with four plate hob and extractor hood over. Tiled splashbacks. Space and plumbing for washing machine. Built in storage cupboard.
Downstairs Bedroom (14'4" x 11'2" (4.37m x 3.4m)) Window to front aspect and radiator. Downstairs Bathroom Window to rear aspect.
Fitted with a low level wc, wash hand basin and panelled bath with wall mounted electric shower appliance and glazed shower screen. Part tiled walls and heated towel rail.
First Floor Landing Doors to Bedrooms. Bedroom One (12'9" x 11'2" (3.89m x 3.4m)) Two windows to front aspect, radiator and fitted wardrobes.
Bedroom Two (11'3" x 10'8" (3.43m x 3.25m)) French doors to rear aspect leading to the roof terrace. Radiator. Outside To the rear of the property is an enclosed courtyard.
Agents Note The two new tenants are paying £120 each per week and their tenancy period is 12th September 2025 - 5th September 2026 generating a gross income of £12,240 pa.
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
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
.png)
FAQ
About 12, Lonsdale Place, Lincoln
Explore nearby