2-bedroom terraced house · LN5 8QP
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented TWO bedroom mid-terrace house in a convenient CENTRAL LOCATION.
We are pleased to present this well maintained property to the market for let on Connaght Terrace, conveniently located just off Lincoln High Street where a wealth of local amenities are just a short walk away.
The property is also within walking distance of Lincoln city centre.
The property briefly comprises a contemporary kitchen, two reception rooms, modern bathroom and two double bedrooms with master having an en-suite.
Externally, there is a courtyard to the rear with a pebbled area enclosed by perimeter wall at the front.
A light and spacious reception room having a grey carpets, double glazed window to the front of the property, a uPVC front door, panel radiator and pendant ceiling light.
A spacious reception room having a wooden floor, uPVC window, panel radiator and pendant ceiling light. The room also gives access to an under-stairs storage cupboard.
Galley kitchen being fitted with a range of base and eye-level units with work surfaces incorporating stainless steel sink and drainer with tiled splash backs, electric hob with extractor over, oven and tiled flooring, double glazed windows to the side aspect and and rear upvc door leading to the rear courtyard.
Modern bathroom being fully tiled with a low level WC, pedestal hand wash basin with mixer tap, panelled bath with shower over, double glazed window and ceiling light.
A spacious double bedroom having double glazed window to the front aspect, ceiling light and panel radiator.
A spacious double bedroom having double glazed window to the rear aspect, ceiling light and panel radiator.
A modern en suite bathroom being fully tiled with a low level WC, pedestal hand wash basin with mixer tap, panelled bath with double glazed window and ceiling light.
The landlords kindly request the following, no pets and no smokers Please refer to the offcom checker for Internet and mobile speeds : Gas, electric and water is provided by billing meters.
Available from October 26 onwards EPC D
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 Connaught Terrace, Lincoln, Lincolnshire, LN58QP
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