2-bedroom bungalow · LN6 9SR
To rentListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LOCATION The property is well located within the popular residential area of North Hykeham which is located South West of Lincoln.
The property is close to a wide variety of amenities including schooling of all grades, Doctors' Surgery, the Forum Shopping Centre, ASDA superstore, public houses and train station.
There is easy access to the A46 bypass which in turn gives access to the A1 and the Mainline Train Station at Newark.
ACCOMMODATION Internal accommodation comprising of an Entrance Hall, leading to the Open Plan Living Accommodation and Kitchen, with French doors to the Garden and glass gable above.
Two Double Bedrooms, with Bedroom One having an En-suite shower room and Dressing Room and Family Bathroom with shower over the bath.
The property also benefits Gas central Heating and Underfloor Heating. OUTSIDE The property benefits an enclosed rear Garden with lawn and patio seating area.
To the front of the property there is a front Garden and Driveway with parking for two cars.
RENT AND DEPOSIT The asking Rent for the property is £1,100.00 per calendar month and the Tenancy Deposit is £1,265.00 (equal to 5 weeks' rent). The Holding Deposit for this property is £250.00.
There is a fixed monthly cost for water and sewerage charges. These are reviewed annually on 1 May and are payable separately from the rent.
Number of occupants Monthly charge One occupant £25.70 Two occupants £36.18 Three occupants £46.67 Four occupants £57.16 ASSURED PERIODIC TENANCY The property will be let on an assured periodic tenancy (rolling monthly).
The landlord is seeking a tenant for longer-term occupation. ADDITIONAL FEES There are no application fees payable.
You will be required to pay a Holding Deposit equal to one weeks rent to secure the property.
More information on charges to Tenants can be found on our website - VIEWINGS By prior appointment through Mundys.
THE RENTERS RIGHTS ACT 2025 New legislation was implemented in May 2026 and affects existing and new tenancies. More information on the changes is available at:
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 Haze Lane, North Hykeham
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