5-bedroom house · LN1 1QW
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
AVAILABLE FOR THE NEXT ACADEMIC YEAR 23-24 A 5 bedroom student house in the West End of Lincoln, which comes with a 32 inch flat screen TV and TV points in all bedrooms, TV licence and Virgin Super Fast Business broadband are included.
Provision for Gas, Electricity & Water included within the rent. The property has gas central heating, lounge, fitted kitchen with appliances, 5 double bedrooms and 2 bathrooms.
£300 deposit £495 per person per month. A holding deposit of £150 is required.
This is then used towards your first months rent 48 week tenancy Council Tax band C Also open to individuals looking to join a group Application And Fees - APPLICATION & FEES Once you have viewed a property and decided that you would like to proceed with an application to rent, you may complete an Application form which will provide full details of the application process including fees, referencing procedures, and other information relating to the proposed tenancy and property.
Please note the fees applicable for this Property are as follows: £1200- Rent in advance £I384- Deposit per person (THERE WILL BE NO OTHER ASSOCIATED COSTS SHOULD THE APPLICATION BE SUCCESSFUL).
All applications are subject to contract and satisfactory references and we reserve the right to decline an application. We are a member of The Property Ombudsman Redress Scheme.
Membership Number: D10854 We are a member of The Tenancy Deposit Scheme. Membership Number: EW44743
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 West Parade, Lincoln
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