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See how verdicts work6-bedroom terraced house · LN5 7XZ
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* * Six Bedroom HMO * * An excellent investment opportunity situated on the sought after Boultham Avenue in Lincoln.
This well positioned SIX BEDROOM House in Multiple Occupation (HMO) offers an attractive opportunity for investors seeking an established income generating property.
Ideally located within walking distance of a range of local amenities, including shops, supermarkets, cafés, public transport links and recreational facilities.
The property is well suited to the local rental market. Lincoln city centre and the University of Lincoln are also within easy reach.
All six bedrooms are currently fully let, generating a gross rental income of approximately £34,000 per annum.
The accommodation on offer comprises Entrance Hall, Open Plan Kitchen Living Room, Two Bedrooms and Shower Room to the Ground Floor.
To the first floor there are a further Three Bedrooms, WC and Shower Room. To the second floor there is an another Bedroom.
Externally the property offers an enclosed lawned garden with spacious patio. The property further benefits from Gas Central Heating, uPVC Double Glazing and being sold with NO ONWARD CHAIN.
EPC rating: C. Tenure: Freehold, Entrance Hall With the entrance door to the side aspect, access to storage and stairs rising to the first floor.
Bedroom One 13'4" x 11'9" (4.06m x 3.58m) With a bay window to the front aspect and radiator.
Lounge 11'7" x 11'7" (3.53m x 3.53m) With french doors to the rear aspect leading to the enclosed rear garden and radiator.
Kitchen 22'1" x 7'7" (6.73m x 2.31m) With a window to the side aspect, fitted with a range of wall and base units with worktops over, sink with drainer unit, gas hob and electric oven, extractor and space and plumbing for a washing machine.
Shower Room With a window to the side aspect, fitted with a low level wc, wash hand basin and shower.
Bedroom Two 14'4" x 6'6" (4.37m x 1.98m) With a window to the side aspect and radiator. First Floor Landing With stairs to the ground floor and rising to the second floor.
Bedroom Three 15'2" x 8'3" (4.62m x 2.51m) With a window to the front aspect and radiator. Bedroom Four 11'9" x 7'2" (3.58m x 2.18m) With a window to the rear aspect and radiator.
Bedroom Five 11'9" x 7'3" (3.58m x 2.21m) With a window to the rear aspect and radiator. WC Fitted with a low level wc and wash hand basin.
Shower Room Fitted with a low level wc, wash hand basin and shower. Bedroom Six 17'0" x 15'2" (5.18m x 4.62m) With windows to the rear aspect and radiator.
Outside To the rear of the property there is an enclosed lawned garden with spacious patio.
Agents Note These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Newton Fallowell nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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
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 Boultham Avenue, Lincoln, LN5
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