3-bedroom house · LN1 1LP
Listing removedListed 134 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three Bed Mid Terrace House situated in the desirable West End location of Lincoln. With original Victorian features and bay fronted.
Comprising of entrance hall, lounge, dining room, kitchen, and conservatory. Upstairs there are two double bedrooms and further single bedroom/study, and family bathroom. Enclosed rear garden.
Council Tax Band B, EPC Grade C. Available Immediately. EPC rating: C. Entrance Hall With entrance door and stairs to the first floor.
Lounge (13'0" x 12'5" (3.96m x 3.78m)) With a bay window to the front aspect and decorative fireplace.
Dining Room (12'11" x 11'5" (3.94m x 3.48m)) With a decorative fireplace and understairs cupboard. Kitchen (12'8" x 7'10" (3.86m x 2.39m)) With windows 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.
Conservatory (7'7" x 7'4" (2.31m x 2.24m)) With a door leading to the rear garden and radiator. Landing With stairs to the ground floor.
Bedroom One (15'8" x 11'5" (4.78m x 3.48m)) With window to the front aspect, feature fireplace and storage cupboard. Bedroom Two (12'11" x 11'5" (3.94m x 3.48m)) With a window to the rear aspect.
Bedroom Three/Study (7'10" x 7'2" (2.39m x 2.18m)) With a window to the rear aspect.
Bathroom (9'2" x 4'11" (2.79m x 1.5m)) With windows to the side aspect, low level wc, wash hand basin and panelled bath with shower over.
Outside To the front of the property is a small enclosed garden, entrance door and on-street residents permit parking. To the rear of the property is an enclosed garden mostly laid to lawn and 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.
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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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
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FAQ
About 13, May Crescent, Lincoln
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