2-bedroom house · LN1 1AU
Listing removedListed 92 days · slow let
Opportunity summary
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About
Semi-Detached Coach-House situated on the popular St. Georges Development to the west of the City Centre.
The property has internal accommodation comprising: Entrance Hall, Vaulted Open Plan Living//Kitchen Area.
The main hallway leads to two bedrooms with an Ensuite to the master bedroom and further separate bathroom. Outside there is a single garage as well as parking for up to three vehicles.
The property is currently undergoing re-decoration in readiness for a new Tenancy. The property also benefits from easy access to the city centre and Steep Hill. Available Immediately ! EPC rating: C.
Entrance Hall With Stairs leading to the inner hallway. Inner Hall With stairs to the entrance hall and access to storage cupboard.
Open Plan Living/Dining/Kitchen (60'2" x 54'8" (18.34m x 16.66m)) With a large window to the front aspect and two skylight windows to the rear aspect.
Fitted with a range of wall and base level units with worktops over, space and plumbing for a washing machine and dishwasher, integrated oven and hob with extractor over and sink with drainer unit.
Bathroom With skylight window to the rear aspect, low level WC, wash hand basin, panelled bath with shower over and radiator.
Bedroom One (39'4" x 32'10" (11.99m x 10.01m)) With window to the front aspect, fitted wardrobes, radiator and access to en-suite.
En-Suite With skylight window to the rear aspect, low level WC, wash hand basin, enclosed shower and radiator.
Bedroom Two (29'6" x 28'2" (8.99m x 8.59m)) With skylight window to the front aspect and radiator.
Garage (59'1" x 29'6" (18.01m x 8.99m)) With an up over door to the front aspect, understairs storage cupboard, power and lighting.
Outside To the front of the property is off-street parking for up to three vehicles leading to the single garage.
Agents Note These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Newton Fallowell nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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 2, Madden Close, Lincoln
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