2-bedroom bungalow · LN2 4UN
Listing removedListed 85 days · slow let
Opportunity summary
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About
Modern Two-Bedroom Semi-Detached Bungalow with Private Parking Situated in a sought-after residential location within the popular LN2 area of Lincoln, this beautifully presented two-bedroom semi-detached bungalow offers modern, low-maintenance living, making it an ideal home for professionals, couples or those looking to downsize.
Accessed via a shared driveway, the property benefits from private off-road parking.
Inside, you'll find a contemporary interior throughout, with neutral décor and well-proportioned accommodation ready to move straight into.
The spacious lounge provides a comfortable living space, while the modern fitted kitchen offers ample storage and worktop space, complete with a practical serving hatch and direct access to the rear garden.
There are two generously sized bedrooms, with the second bedroom benefiting from built-in wardrobes, providing excellent storage.
Outside, the enclosed rear garden is a great size, offering plenty of space to relax or entertain, and includes a useful garden shed for additional storage.
Key Features Modern two-bedroom semi-detached bungalow Private off-road parking Access via a shared driveway Contemporary décor throughout Modern fitted kitchen with serving hatch Two well-proportioned bedrooms Built-in wardrobes to the second bedroom Spacious enclosed rear garden Garden shed for additional storage EPC Rating: C Council Tax Band: B Popular LN2 location Location Located within the desirable LN2 postcode, the property enjoys easy access to a range of local amenities including supermarkets, shops, cafés and healthcare facilities.
Excellent transport links provide convenient access into Lincoln city centre, while nearby bus routes and road connections make commuting straightforward.
The area is well served by green spaces and scenic walking routes, with the historic Cathedral Quarter, Lincoln Castle and Bailgate all just a short drive away, offering an excellent selection of independent shops, restaurants and cultural attractions.
The property also benefits from good access to the A15 and Lincoln County Hospital, making it well placed for a variety of tenants. EPC Rating: C Council Tax Band: B EPC rating: C.
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
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FAQ
About Millbeck Drive, Lincoln, LN2
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