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See how verdicts work2 × 1-bed flat + 2-bed flat · PE21 6PZ
For saleReduced £10k (−4%) on 21 AugListed 101 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Red Lion Street, Boston, Lincolnshire, Pe21 6Pz Attention investors - turnkey investment opportunity generating 9% net yield!
Exceptional freehold investment opportunity consisting of three self-contained flats.
An outstanding opportunity to acquire a freehold block of three self-contained flats, comprising 2 x one-bedroom flats and 1 x two-bedroom flat, all fully tenanted and generating an attractive 9% gross yield from day one.
This turnkey investment has been well maintained and recently refurbished, offering a low-maintenance addition to any portfolio.
There is excellent opportunity to increase rental income and enhance future returns.
Boston remains a highly sought-after buy-to-let location, renowned for its affordable property prices, strong tenant demand and consistently high rental yields.
With a diverse local economy and a robust rental market, the area continues to attract investors looking for reliable cash flow and long-term capital growth.
A rare opportunity to secure a fully let freehold block with immediate income, strong yield and clear asset management potential.
Please note, lettings and management charges may apply and figures are representative of the property being self managed.
Financial Breakdown Gross Rent: £22,680.00 Net income: £21,985.00 Gross yield: 9.07% Net yield: 8.79% Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract.
Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08584
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
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FAQ
About Flats 1-3, Red Lion Street, Boston, Lincolnshire
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