3-bedroom house · LN6 8RJ
Sold STCListed 186 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A modern three storey, three bedroom town house located to the South of Lincoln with easy access to the City Centre and A46 bypass with excellent local amenities.
The property has been used as a buy to let investment, but is now empty and has been professionally cleaned, fully re-decorated, fully refurbished shower room and new blinds throughout making it an ideal first home or buy to let investment.
The property briefly comprises an entrance hall, open plan lounge/kitchen/diner and wc to the ground floor with two double bedrooms and a shower room to the first floor.
The second floor has a master bedroom with en suite bathroom within the room. Outside offers a communal garden with a private decked area and an allocated parking space.
Location Directions - LN6 8RJ Entering Lincoln on the A607 and turn left onto the A1434 Newark Road.
Proceed on this road and the property can be found on the right just before the turning from Rookery Lane.
Accommodation Entrance Hall With stairs to first floor, single radiator and door to; Open Plan Kitchen/diner/living room Double glazed casement window to front and rear elevation with double glazed French doors to rear elevation, fitted wall and base units with stainless steel one and a half bowl drainer sink, built-in double oven, four ring electric hob with extractor over, Logic plus boiler, two radiators, door to; WC Two piece suite, comprising loaf, flush WC, pedestal, wash, basin, single radiator, extractor.
First Floor Bedroom One Double glazed casement windows to rear elevation, single radiator. Landing With single radiator.
Shower Room Three piece suite comprising shower cubicle, pedestal wash basin, low flush WC, cupboard with space and plumbing for washing machine and tumble dryer, extractor, part tiled walls.
Bedroom Two Double glazed casement windows to front elevation, single radiator, built-in wardrobe, airing cupboard housing hot water tank.
Second Floor Bedroom Three Double glazed Velux windows to front elevation, double glazed casement window to rear elevation, three piece suite comprising panelled bath with shower mixer tap, pedestal wash basin, low flush WC, two single radiators, eves storage cupboards.
Outside The front elevation offers a small walled area with pedestrian gate. The side elevation offers a designated parking space as well as further visitor parking.
The rear elevation ofers a decked area leading to a shared communal garden area and bin store area.
Other Buyer identity check Please note that prior to acceptance of any offer, Brown&co are required to verify the identity of the buyer to comply with the requirements of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
Further, when a property is for sale by tender, an ID check must be carried out before a tender can be submitted. We are most grateful for your assistance with this.
Mobile We understand from the Ofcom website there is good mobile coverage from EE, Three, O2 and Vodafone.
Broadband We understand from the Ofcom website that standard and ultrafast broadband is available at this property with a max download speed of 1000 Mbps and an upload speed of 1000 Mbps.
Tenure & Possession Freehold and for sale by private treaty.
Council Tax Band B Service Charge Please note the communal areas are managed by Lambert Smith Hampton and there is a service charge of £89.60 per month Tenure & Possession Freehold with vacant possession.
Agent James Mulhall
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, Lincolnshire, LN6 8RJ
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