4-bedroom terraced house · LN1 1AT
To rentListed 61 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Pygott & Crone are delighted to offer To Let this spacious Four Bedroom family home situated in the sought after St.
Georges Park development just east of Lincoln and within walking distance to the city centre and historic Bailgate quarter.
The well presented accommodation comprises of: Lounge, downstairs WC, modern kitchen diner with appliances and French doors leading to the garden.
To the first floor is the living room / bedroom 5 and the master bedroom with fitted wardrobes benefitting from having an en-suite shower room.
The second floor has three further bedrooms (two double with built in wardrobes) and the family bathroom with shower over the bath. Outside there is a enclosed rear garden and allocated parking space.
Deposit £1325 EPC Rating C Council Tax Band- D Holding Deposit (per tenancy) £265.38 One week's rent. This is to reserve a property.
Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing) Accessing applicant(s) rent affordability: All applicants are assessed on their outgoing credit commitments and basic expenditures relevant to renting a home.
These findings are then be compared to the applicants monthly income to determine if the rent is affordable to the applicant(s).
HomeLet presents this figure to the agent/landlord on the final report, which will give an understanding of the maximum rent that the applicant is able to afford based on the applicants declared monthly income.
All applicants must be fully referenced by HomeLet Affordability Example * 20% of total monthly income taken for expenses (as per HomeLet's process) minus outgoings = total rent affordability Applicants Monthly income is £3500 20% of that is £700 Minus applicants monthly outgoings £1000 Applicants Maximum Rent share available is £1800 *(this is an example only and doesn't represent any figures for this specific property) For further information on the process, please speak to a member of the rental team.
Kitchen 3.86m x 4.52m - 12'8” x 14'10” Living Room 3.86m x 4.08m - 12'8” x 13'5” Unknown 3.55m x 4.52m - 11'8” x 14'10” First Floor Landing Bedroom 1 3.07m x 3.65m - 10'1” x 11'12” En-Suite Bedroom 2 3.78m x 2.41m - 12'5” x 7'11” Bedroom 3 3.04m x 2.41m - 9'12” x 7'11” Bedroom 4 2.74m x 2.03m - 8'12” x 6'8” Bathroom
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 25, Dorrigan Close, Lincoln
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