2-bedroom flat · LN2 5LD
Listing removedListed 142 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A tenanted buy-to-let investment opportunity offered through REALM 47, available to qualified investors only.
The property is a well-configured two-bedroom residential asset on one of Lincoln's most consistently tenanted corridors, positioned within the established rental catchment that serves the city's hospital, university, and professional district.
Currently producing £795 per calendar month with all utility costs met by the tenant, this is an income-generating acquisition from day one.
The numbers: Asking price: £89,950 Current rent: £795 pcm Gross yield: 10.6% Tenancy: AST commenced 1 April 2026 Bills: tenant's responsibility Management: A management company is in place at 10% + VAT The property occupies two floors, with a ground-floor bedroom, kitchen, reception room with cast-iron stove, and shower room.
A second double bedroom on the lower ground floor benefits from timber flooring and a good degree of privacy from the main living areas. The enclosed rear garden is low maintenance.
Why this works as an investment: Proven rental corridor - Monks Road consistently lets to professionals and key workers Within fifteen minutes of Lincoln County Hospital, the university, and the city centre Share of freehold between two parties only - clean leasehold structure with no managing agent Professional tenant in situ - no void period, no setup required East Midlands house price growth forecast at 24% to 2029 (Savills, July 2025) Tenure: Leasehold with share of freehold.
EPC, gas safety certificate, and electrical installation certificate all current. This property is listed exclusively through the REALM 47 Investor Clubhouse.
Full Investment Dossier - including cashflow projections, comparable evidence, and certificate documentation - is available to registered members at realm47.com/investor-clubhouse.
Service Fee of £3,000 + VAT applies - payable in two parts: - A non-refundable reservation fee of £1,500 plus VAT - The balance is due upon legal completion (which is collected and paid by the buyers solicitor)
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
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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 Monks Road, Lincoln, Lincolnshire
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