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See how verdicts work1-bedroom flat · LN5 8PB
Listing removedListed 406 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ONE BEDROOM Second Floor Flat perfectly located within walking distance of the City centre and all that it has to offer.
Benefitting from Gas Central Heating, uPVC Double Glazing and being sold with NO ONWARD CHAIN. The accommodation on offer comprises Entrance Hall, Lounge, Kitchen, Bedroom and Shower Room.
The property also has access to a communal outdoor space with your own storage shed. This would be an ideal purchase for either a First Time Buyer or Investor. EPC rating: D.
Tenure: Leasehold, Entrance Hall External door to side aspect and doors to all rooms. Lounge 13'9" x 10'0" (4.19m x 3.05m) Window to front aspect and radiator.
Kitchen 11'11" x 5'9" (3.63m x 1.75m) Window to rear aspect and fitted with a range of wall and base units with worktops over, sink with drainer, single electric oven, four ring ceramic hob with extractor over, space and plumbing for washing machine and storage cupboard housing boiler.
Bathroom 5'9" x 4'9" (1.75m x 1.45m) Window to rear aspect and fitted with double shower cubicle with shower over, wash hand basin, low level WC, extractor and radiator.
Outside Next to the front door you have private access to a storage cupboard and in the communal garden you have your own storage shed. Lease Details Lease: 89 Years remaining.
Service Charge: 284.31 PA Ground Rent: Peppercorn Agent 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.
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 Newark Road, Lincoln, LN5
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