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See how verdicts work5-bedroom detached house · LN1 1RT
Sold STCListed 92 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description An outstanding investment opportunity in the heart of Lincoln's thriving student rental market.
This substantial five bedroom, two bathroom article 4 compliant HMO offers fully ideally positioned accommodation with great access to Lincoln University, amenities and transport links.
The property has a certificate of lawfulness of proposed use or development from Lincoln City Council under application 2021/0549/CLP to add a dormer to the loft space to allow two additional bedrooms and an en-suite shower room.
A spacious communal kitchen and living area creates an attractive social hub, whilst maintaining the privacy and independence increasingly sought by today's student market.The property has been consistently let during our clients ownership and is fully let for 2026/27 with the total rent of £30,090 per annum.
The AST runs from 21st August 2026 - 13th August 2027 (51 weeks). Location Enter Lincoln on the A57 Carholme Road and proceed until you find the property on your left.
Services We understand the property has mains water, electric, gas and main sewer connections. Other Tenure & Possession Freehold with vacant possession upon completion.
Viewing Strictly by appointment with the auctioneers Completion Date 10% deposit and up to 8 weeks for completion.
Auction Bidder Identity Check Prior to bidding on any auction lots we are required to verify the identity of the bidder to comply with The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulation 2017.
We also need to complete the remote bidding registration process as this will be a live stream event only.
Please contact us on or Solicitors Chloe Kelsey Adie Pepperdine 3 The Landings Burton Waters, Lincoln, LN1 2TU chloe. Agent James Mulhall
Value & comps
No previous sales on record.
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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 starting price
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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
Agent & docs
FAQ
About Carholme Road, Lincoln, Lincolnshire, LN1 1RT
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