Studio flat · LN1 1LQ
To rentListed 37 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Great studio in the heart of Lincoln's West End with en suite bathroom and private kitchen facilities. All bills and council tax included.
A great opportunity to live in the heart of Lincoln's West End! This fantastic recently refurbished studio comes complete with private kitchen with oven, hob, microwave and fridge freezer.
2 washer driers in communal area. The property has a beautiful rear garden area with raised deck, perfect for relaxing on sunny days!
Ideal location with a short walk to great transport links, and close to the City Centre shops, restaurants and bars. No parking available with this studio.
Gas central heating for the building, with individual studios controlled with thermostatic radiator valves.
Ground floor 18.95m2 studio converted from a brick built Victorian terraced property of standard construction.
Professional Rooms/Studios - The deposit payable on the first day of your tenancy is just **£200.00** per person along with the first months' rent.
The property comes furnished and includes utilities and associated building running costs, including Council Tax, TV licence, and Broadband.
Utilities (gas, electric and water) are subject to a fair usage policy as detailed in the attached brochure and the Tenancy Agreement. Don't miss out on this great property.
Contact our friendly team at Cloud Lettings today to arrange your viewing or book a slot online for a time convenient to you!
Call - email - WhatsApp - 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: Terms and conditions apply. Contact the office for more information.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 Studio 2 - Richmond Road, Lincoln
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