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See how verdicts work5-bedroom terraced house · LN1 1QR
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the highly desirable West End area of Lincoln, this characterful five bedroom property presents a fantastic opportunity for both owner-occupiers seeking a spacious home and investors looking for an established Fully Licensed HMO investment opportunity, currently configured to provide six letting bedrooms and could achieve a potential income of £36,000 pa.
Offering versatile accommodation and a wealth of potential, the property is currently vacant, allowing a purchaser to move straight in or continue to run the property as a HMO investment.
The property offers a potential annual rental income of approximately £36,000, making it an attractive proposition for those seeking long-term potential.
The accommodation briefly comprises an entrance hallway, bay-fronted lounge (currently utilised as Bedroom Six), dining room/communal room, fitted kitchen and family bathroom.
To the first floor are five generous bedrooms, a shower room and an en-suite bathroom serving the principal bedroom.
One of the standout features is the private driveway, a particularly desirable and uncommon advantage in this sought-after location.
To the rear, a south-facing garden provides an excellent outdoor space, ideal for relaxing and entertaining.
The property also benefits from an outbuilding offering exciting potential for conversion or alternative use, subject to the necessary planning permissions and consents (STPP).
The West End is a popular residential area of Lincoln, well placed for access to the city centre, local amenities and transport links, making it an appealing location for homeowners and tenants alike.
Combining character, versatile accommodation, rare off-road parking and further scope to add value, this property represents an exciting opportunity for a range of purchasers in one of Lincoln's most sought-after residential areas.
Entrance Hall Dining Room 3.78m x 3.33m - 12'5” x 10'11” Kitchen 4.04m x 2.46m - 13'3” x 8'1” Bathroom 2.46m x 1.72m - 8'1” x 5'8” Lounge/Bedroom 6 First Floor Landing Bedroom 1 4.24m x 2.85m - 13'11” x 9'4” En-Suite Bathroom 2.06m x 1.69m - 6'9” x 5'7” Bedroom 2 4.46m x 2.86m - 14'8” x 9'5” Bedroom 3 3.87m x 3.59m - 12'8” x 11'9” Bedroom 4 3.29m x 2.87m - 10'10” x 9'5” Bedroom 5 3.3m x 2.69m - 10'10” x 8'10” Shower Room 2.04m x 1.69m - 6'8” x 5'7” Outside Outbuilding Ground Floor 5.91m x 4.64m - 19'5” x 15'3” Outbuilding First Floor 5.91m x 4.64m - 19'5” x 15'3”
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About West Parade, Lincoln
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