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See how verdicts work5-bedroom house · LN6 8QY
Listing removedListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sold Prior To Marketing Located in a sought after area of North Hykeham, Richmond Drive is a spacious and beautifully arranged five-bedroom detached family home offering generous and versatile accommodation throughout.
The ground floor provides excellent living space, comprising a spacious lounge, separate dining room, and a well-appointed kitchen diner forming the heart of the home - ideal for modern family living and entertaining.
A large sunroom to the rear creates an additional reception area filled with natural light and enjoying views over the garden.
The garage has been converted to be used as a playroom/additional reception room, whilst you also benefit from dedicated study, perfect for home working.
The downstairs accommodation is completed by a convenient W/C. Upstairs you have five well proportioned bedrooms, with the main bedroom benefitting from an ensuite and dressing area.
A second ensuite can be conveniently accessed by two further bedrooms, with the remaining bedrooms being served by a family bathroom, offering practicality for larger families.
Externally you have a spacious driveway, providing ample off street parking and a low maintenance rear garden, ideal for families wanting a private outdoor space.
North Hykeham itself offers a wide range of local amenities including supermarkets, schools and leisure facilities, along with excellent transport links to Lincoln and surrounding areas.
Entrance Hall Lounge 7.2m x 3.3m - 23'7” x 10'10” Kitchen Diner 7.8m x 5.01m - 25'7” x 16'5” Sun Room 7.14m x 4.95m - 23'5” x 16'3” Dining Room 5.01m x 2.63m - 16'5” x 8'8” Garage/Play Room 4.9m x 2.46m - 16'1” x 8'1” WC Study 3.25m x 2.42m - 10'8” x 7'11” First Floor Landing Bedroom 1 5.61m x 4.59m - 18'5” x 15'1” En-Suite Shower Room 2.41m x 1.33m - 7'11” x 4'4” Dressing Room 2.48m x 1.59m - 8'2” x 5'3” Bedroom 2 5.42m x 2.94m - 17'9” x 9'8” Jack & Jill Shower 2.96m x 1.24m - 9'9” x 4'1” Bedroom 5 3.39m x 2.78m - 11'1” x 9'1” Bedroom 3 4.08m x 3.44m - 13'5” x 11'3” Bedroom 4 3.43m x 2.78m - 11'3” x 9'1” Bathroom 2.41m x 2.35m - 7'11” x 7'9”
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 33, Richmond Drive, Lincoln
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