We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · LN4 2QZ
Listing removedListed 375 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2-Bed Mid-Terraced Home | Off-Street Parking | Investment Opportunity | £850 pcm Rental Income Potential Welcome to 3 Fernleigh Avenue – a well-presented two-bedroom mid-terrace home, ideally located in the popular village of Bracebridge Heath, just a short drive from Lincoln city centre.
Whether you're an investor seeking reliable rental income or a first-time buyer looking for a future home, this property offers excellent potential.
Don’t miss this superb opportunity to purchase a high-yielding investment or future home in a sought-after location.
This property is being offered with no onward chain and so please contact us today to arrange a viewing. Freehold/North Kesteven District Council-Band A/EPC Grade C.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
NHY250380/8 Lounge (3.28m x 4.62m) Double glazed window to front aspect, uPVC front entrance door, stairs rising to first floor, radiator.
Kitchen (2.03m x 2.24m) Being fitted with a range of eye level wall and base units with contrasting work surfaces over, space for cooker, space and plumbing for appliances, double glazed window to rear aspect, stainless steel sink unit with drainer and mixer tap over.
Dining Room (2.26m x 2.29m) Double glazed window to rear aspect, uPVC double doors to rear aspect, radiator. Landing Having loft access.
Bedroom 1 (3.05m x 4.62m) Two double glazed windows to front aspect, radiator, fitted wardrobe. Bedroom 2 (2.34m x 2.57m) Double glazed window to rear aspect, radiator.
Bathroom (1.47m x 1.96m) Three piece suite comprising of panelled bath with shower fitted over, low level WC, pedestal wash hand basin, double glazed frosted window to rear aspect, cupboard housing gas combination boiler, chrome heated towel rail.
Outside The property does come with a large driveway which is to the side of the property but not directly connected.
There is also a rear garden which is mainly laid to artificial lawn and there is access from the driveway at the rear of the property. The garden is fully enclosed by fencing.
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 3, Fernleigh Avenue, Lincoln
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