2-bedroom house · LN6 8HL
Listing removedListed 107 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within the popular area of North Hykeham is this well presented end terrace house on Lucius Close offer for sale with no ownward chain.
Accommodation briefly comprises entrance hall, ground floor wc, kitchen, lounge with French doors leading onto uPVC conservatory, first floor landing, two double bedrooms and luxury first floor shower room.
Outside the property has the added bonus of a driveway with space for 3 vehicles and a enclosed garden to the rear. Call today to arrange a viewing! EPC rating: B.
Entrance Hall WC (5'6" x 3'0" (1.68m x 0.91m)) With window to the front aspect, low level Wc and hand wash basin.
Kitchen (10'6" x 5'10" (3.2m x 1.78m)) Fitted with a range of wall and base units with work surfaces over, 11⁄2 bowl sink unit with side drainer and mixer tap over, electric oven and electric hob with extractor fan over, spaces for fridge freezer and washing machine, wall mounted gas fired central heating boiler and double glazed window to the front aspect.
Lounge (13'0" x 12'10" (3.96m x 3.91m)) With French doors to the conservatory, radiator and and built in under stairs storage cupboard.
Conservatory (7'2" x 6'7" (2.18m x 2.01m)) With door to the rear aspect leading to enclosed garden.
Bedroom One (12'9" x 8'9" (3.89m x 2.67m)) With double glazed window to the front aspect, radiator and built in storage cupboard.
Bedroom Two (12'9" x 7'11" (3.89m x 2.41m)) With double glazed window to the rear aspect and radiator.
Shower Room (6'6" x 6'0" (1.98m x 1.83m)) Fitted with a three piece suite comprising of large shower cubical, close coupled WC, pedestal wash hand basin, part tiled walls, spotlights and chrome towel radiator.
Outside To the front of the property there is an allocated parking space for 2/3 cars providing off street parking with carport over.
To the rear of the property there is an enclosed low maintenance garden.
Agency Notes 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.
Returns
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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 6, Lucius Close, North Hykeham
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