2-bedroom bungalow · LN6 7TT
Listing removedListed 92 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
LOCATION The property is located in a popular location just off Boultham Park Road with easy access to the City Centre.
There is a vast array of local amenities nearby including shops, supermarkets and schools.
ACCOMMODATION Available now, this well presented Two Bedroom Ground Floor Apartment has been newly decorated throughout with new flooring and is ready for immediate occupation.
The internal accommodation comprises an Open Plan Living Room and Kitchen leading to an Inner Hall, providing access to Bedroom One, Bedroom Two and the Family Bathroom with shower over the bath.
Bedroom One benefits from access to the enclosed rear garden. An early viewing is highly recommended to appreciate the accommodation on offer.
OUTSIDE Thyme Court is situated off Boultham Park Road in a popular residential area to the South West of Lincoln.
The property is conveniently located for a range of local amenities including an Aldi supermarket, convenience stores, takeaways, healthcare facilities and other everyday services.
Boultham Park is within walking distance, offering open green space, walking routes and recreational facilities.
Regular bus services provide access to Lincoln City Centre, while Lincoln Central Railway Station and the city centre are both easily accessible.
The A46 bypass is also within easy reach, providing convenient road links to Newark, the A1 and surrounding areas.
RENT AND DEPOSIT The asking Rent for the property is £850.00 per calendar month and the Tenancy Deposit is £980.00 (equal to 5 weeks' rent). The Holding Deposit for this property is £195.00.
ASSURED PERIODIC TENANCY The property will be let on an assured periodic tenancy (rolling monthly). The landlord is seeking a tenant for longer-term occupation.
ADDITIONAL FEES There are no application fees payable. You will be required to pay a Holding Deposit equal to one weeks rent to secure the property.
More information on charges to Tenants can be found on our website - VIEWINGS By prior appointment through Mundys.
THE RENTERS RIGHTS ACT 2025 New legislation was implemented in May 2026 and affects existing and new tenancies. More information on the changes is available at:
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
Agent & docs
FAQ
About Thyme Court, Marjorie Avenue
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