3-bedroom detached house · LN4 1GP
Listing removedListed 54 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LOCATION Stevenson Close is situated within the popular village of Heighington, approximately five miles east of Lincoln.
The village offers a range of local amenities including a village shop, primary school, public house and community facilities, with further amenities available in nearby Washingborough and Lincoln.
Regular bus services provide access to Lincoln City Centre and surrounding villages, while the A158 and A15 offer convenient road links to Lincoln, Horncastle, Sleaford and the wider area.
ACCOMMODATION This immaculately presented Three Bedroom Home is available now and must be viewed to appreciate the standard of accommodation on offer.
The internal accommodation comprises an Entrance Hall leading to a Lounge with newly fitted electric fire, Dining Room with recently laid flooring and access to the rear garden, together with a Kitchen providing side access to the property.
The Kitchen also benefits from a freestanding fridge freezer.
Stairs rise to the First Floor Landing providing access to Bedroom One, Bedroom Two and Bedroom Three, which benefits from a bulkhead over the staircase, together with built-in storage within the hallway and a Family Bathroom with shower over the bath.
The property has been tastefully decorated throughout and the curtains and blinds shown in the photographs are included.
OUTSIDE The rear garden is currently undergoing improvement works, with the existing patio having been removed and due to be replaced with a stone finish. The garden is enclosed to the rear.
To the front there is a lawned garden overlooking a green space, while to the side there is a gravelled driveway providing off-street parking.
RENT AND DEPOSIT The asking Rent for the property is £1,200.00 per calendar month and the Tenancy Deposit is £1,380.00 (equal to 5 weeks' rent). The Holding Deposit for this property is £275.00.
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.
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 By prior appointment through Mundys.
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.
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About Stevenson Close, Heighington
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