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See how verdicts work2-bedroom flat · LN6 0YX
For saleListed 144 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A spacious maisonette arranged over the first and second floors of the building.
The accommodation comprises an entrance hall, a generous living room and a kitchen, alongside two generous double bedrooms and a bathroom with separate WC.
The property is offered to the market with no onward chain, making it an ideal purchase for first time buyers or investors alike.
Situated within a popular residential area, it benefits from convenient access to a range of local amenities and transport links.
Accommodation Entrance Hall Entrance door, storage cupboard, stairs rising to first floor.
Kitchen Dual aspect double glazed windows, stainless steel drainer sink, worktops, base and eye level storage units, spaces for cooker, washing machine and fridge, wall mounted boiler, further storage cupboard, radiator.
Living Room Double glazed window, double glazed doors opening to balcony, two radiators. First Floor Landing Bedroom One Double glazed windows to front and rear, radiator.
Bedroom Two Double glazed window, radiator. Bathroom Double glazed window to side, wash basin, bath, radiator. WC WC.
Outside Ample parking on a first come first served basis Other TENURE & POSSESSION The property has a 125 year lease which commenced on 4th May 1998 with a peppercorn rent of £10 per annum.
COUNCIL TAX Band - A MOBILE we understand from the Ofcom website there is likely mobile coverage from O2, EE, Three and Vodafone.BROADBAND We understand from the Ofcom website that standard, superfast and ultrafast broadband is available at this property with a max download speed of 5500 Mbps and an upload speed of 5500 Mbps.
BUYER IDENTITY CHECK Please note that prior to acceptance of any offer, Brown&co are required to verify the identity of the buyer to comply with the requirements of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
Further, when a property is for sale by tender, an ID check must be carried out before a tender can be submitted. We are most grateful for your assistance with this.
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
FAQ
About Alness Close, Lincoln, Lincolnshire, LN6 0YX
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