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See how verdicts work5-bedroom house · LN5 7SN
Listing removedListed 405 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bairstow Eves are proud to offer for sale this well presented licensed HMO investment in central Lincoln. The property is currently let with four occupiers generating £21,840 per annum.
The property in brief offers five bedrooms, two bathrooms, reception room and well equipped kitchen and is offered for sale as an operating article.
To the ground floor you are welcomed into the house by the hall boasting high ceilings as to be expected in this period of property.
The first of the bedrooms sits to the front with a bay window spanning the main wall.
Central to the ground floor is the living room, a spacious room with large window over the rear garden creating a welcoming and bright space.
Leading then through into the kitchen which is of a generous galley style, a mixture of base and wall units for storage finished in a light wood affect.
Appliances include Cookers with gas hob, washing machine, extractor fan and fridge freezer. To the end of the ground floor is the shower room, fitted with shower cubicle, toilet and wash basin.
The first floor of the property is formed of two bedrooms and a further bathroom. One of the bedrooms is a large double room spanning the width of the property.
The bathroom on this floor is of a modern finish with panelled bath with the shower over and glass screen, wash basin and toilet, all with a neutral finished tile cladding the walls.
The top floor of the property boasts a further two large bedrooms both of which comfortably accommodate a study area alongside other bedroom furniture pieces.
Externally the property has an enclosed courtyard style garden easily maintainable. Location!
Being positioned within walking distance of Lincoln historic city centre the property has a vast array of amenities on the doorstep making it popular for both student renters and professionals.
Living Room (3.87m x 3.6m) Kitchen (3.8m x 2.12m) Bedroom One (4.43m x 3.34m) Bedroom Two (4.43m x 3.34m) Bedroom Three (4.4m x 3.34m) Bedroom Four (4.1m x 3.78m) Bedroom Five (2.88m x 1.78m) Bathroom (4.88m x 2.55m) Shower Room (2.12m x 1.83m)
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 20, Abbot Street, Lincolnshire
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