2-bedroom terraced house · LN2 4ZH
Under offerListed 283 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property # 55% Shared Ownership # A modern end terrace house located in a sought-after residential area on the northern outskirts of the city of Lincoln.
The property has spacious living accommodation comprising, entrance hall, downstairs W.C, living/dining room, kitchen , two first floor double bedrooms and a family bathroom.
Outside the property has an allocated parking space to the front and an enclosed low maintenance garden to the rear with patio seating area and gated access.
The property is in a sought-after location with a range of excellent local amenities, shops, schooling, including the Lincoln Carlton Academy primary school rated outstanding by OFSTED within walking distance, and transport links close on hand.
This property is being advertised at a 55% share with a monthly rent of approx.
£228.91PCM Building insurance is included in the £13.41pcm service charge, and this housing development has site fee of £25.95pcm for the maintenance of the communal areas.
A local connection applies to shared ownership applications, giving a priority to applicants with residence or employment in the local area for at least the past 5 years, however all applications will be considered.
Interested parties will have to complete an application process with the housing association, but Agent will provide or relevant information regarding this upon request.
Visit Purplebricks.co.uk to arrange a viewing or via the Purplebricks App.
Property ownership information Tenure: Shared ownership Percentage share owned: 55% Additional monthly rent: £228.91 Ground rent review period: No review period Service charge review period: Every 1 year Lease end date: 01/01/3015 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as 'draft'.
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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
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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 Camshaws Road, Lincoln, LN2
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