1-bedroom flat · LN2 4BP
Listing removedListed 144 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to present this modern one bedroom apartment in the popular uphill area of Lincoln. One allocated parking space included.
Cloud Lettings are delighted to present this development of one and two bedroom apartments, in a popular Uphill area of Lincoln very close to the hospital and historic Bailgate.
This apartment is comprised of a good sized entrance hall leading to the modern kitchen which includes a dishwasher, oven, hob and extractor hood.
The kitchen leads to the bright separate lounge There is a good sized bedroom and a contemporary shower room with corner shower cubicle.
The property has gas central heating and includes one allocated off street parking space with EV charging point. Contact our friendly team at Cloud today to arrange your viewing.
Cloud Lettings are a member of the Tenancy Deposit Scheme, ARLA, The Property Ombudsman, and are part of the Propertymark Client Money Protection scheme.
Cloud Lettings are also an Associate Agent of the City of Lincoln Trusted Landlord Scheme.
For further details of all tenancy fees, please see our website here: Any information collected from you will be processed in accordance with the General Data Protection Regulation.
Full details of how Cloud Lettings Ltd process your information can be found on our website here: Utilities: The rent does not include utility bills, internet, Council Tax or TV license payments.
Please note, the apartment building is currently on the market for sale as an ongoing concern.
There are planning applications in the immediate locality; please contact City of Lincoln Council for further information.2024/0722/CLP 39 Greetwell Close Single storey side extension
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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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
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FAQ
About Apt 11 - Greetwell House, Lincoln
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