2-bedroom terraced house · LN6 9ZS
Listing removedListed 150 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Brown & Co are pleased to offer this two bedroom furnished property to the market. The property is located in the sought after town of North Hykeham which is only a ten minute drive to Lincoln.
Externally, the property offers from one off road parking with further on road parking down a quiet cul de sac road. To the rear of the property is a fenced private garden.
Downstairs the property has an open plan kitchen and living room with a downstairs WC with double doors out into the garden.
Upstairs has two double bedrooms with fitted wardrobes in the main bedroom, and a family bathroom with a bath and shower over.
The property is fully furnished throughout with all the basics being provided. Included is also a dishwasher, washing machine and fridge freezer.
However, please note that the current photos being used to market were taken before the current tenant was in the property and some of the furnishings may varied from the pictures.
The property is gas central heated throughout, has an EPC rating of a B and is Council Tax Band A. The rent for the property is £980pcm and is EXCLUSIVE of all utility and council tax bills.
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 Forge Way, North Hykeham
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