2-bedroom terraced house · LN5 8QP
To rentListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LOCATION Connaught Terrace is situated just off Victoria Street, to the south of Lincoln City Centre.
The property is conveniently located within walking distance of a range of local amenities including supermarkets, convenience stores, cafés, takeaways and healthcare facilities.
Lincoln High Street, Lincoln Central Railway Station and the University of Lincoln are all within easy reach, while regular bus services operate nearby.
The property also benefits from convenient access to the A46 bypass, providing road links to Newark, the A1 and the surrounding area.
ACCOMMODATION This well presented two bedroom home offers well-proportioned accommodation comprising; Spacious Lounge leading to an Inner Hall, Dining Room, Galley Style Kitchen and Ground Floor Bathroom.
Stairs rise to the First Floor Landing providing access to Bedroom One, which benefits from built-in storage and Bedroom Two. An early viewing is recommended to appreciate the accommodation on offer.
OUTSIDE To the front of the property there is an enclosed courtyard garden. To the rear there is a further enclosed courtyard with a garden shed providing useful external storage.
On-street parking is available nearby. RENT & DEPOSIT The asking Rent for the property is £850.00 per calendar month and the Tenancy Deposit is £980.00 (equal to 5 weeks' rent).
The Holding Deposit for this property is £195.00. ADDITIONAL FEES There are no application fees payable. You will be required to pay a Holding Deposit equal to one weeks rent to secure the property.
More information on charges to Tenants can be found on our website; VIEWINGS To be arranged by prior appointment with Mundys.
ASSURED PERIODIC TENANCY The property will be let on an assured periodic tenancy (rolling monthly). The landlord is seeking a tenant for longer-term occupation.
THE RENTERS RIGHTS ACT 2025 New legislation was implemented in May 2026 and affects existing and new tenancies. More information on the changes is available at:
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 Connaught Terrace, Off Victoria Street, Lincoln
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