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See how verdicts work2-bedroom house · LN1 2XG
No longer listedListed 342 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Location 3 The Quay is situated in Burton Waters an exclusive Marina and residential development on the edge of Lincoln. Having 24 hour manned station with CCTV.
Facilities on the site include shops, solicitors, public house, restaurant and the David Lloyd Sports Centre all within walking distance.
The historic Cathedral City of Lincoln has the usual High Street shops and department stores, multiplex cinema, Marina and Art Gallery.
The famous Steep Hill leads to the Uphill area of Lincoln and the Bailgate, with its quaint boutiques and bistros, the Castle, Cathedral and renowned Bishop Grosseteste College.
Both the Castle and Cathedral are stunning tourist attractions.
Lincoln also boasts many local sports teams with cricket, football, rugby and many others in the city itself and surrounding villages giving children and adults the option of joining local sports clubs.
Road networks locally you have the A57 leading to the A1 opening networks to the regions major towns and cities.
Lincoln also has a train service and nearby Newark benefits from direct trains to London Kings Cross.
Description On the ground floor you have a really spacious entrance hall allowing ample space for shoes, coats and mucky paws. There is a WC and store cupboard located on this floor.
Moving onto the 1st floor you enter the open plan kitchen / dining / living area. A 3 in 1 room allowing for a great place to entertain or relax watching a film.
With enough space for a dining table and sofas it makes it the ideal space all year round to enjoy with family and friends.
One of the nest features of this property is the extensive balcony leading from the living room creating a stunning seating area with views over the marina.
The perfect spot in the summer months to entertain, have a BBQ and relax. It really does make this property. On the 2nd floor the two bedrooms are located.
The master bedroom benefits from its own small balcony with the same view over the marina and also its own door into the bathroom.
The second bedroom is currently kitted out as a walk in wardrobe but could easily be converted back to utilise this again as a bedroom.
The bathroom benefits from a bath with shower attachment, WC, wash basin and heated towel rail. Outside the property benefits from two parking spaces in the secure gated development.
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
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FAQ
About 3, The Quays, Lincoln
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