2-bedroom flat · LN2 4AG
Listing removedListed 103 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the sought after Carlton Boulevard area of the city, this well presented duplex apartment is situated within a short distance from Lincoln County Hospital and has local shopping and social facilities on the door step.
The accommodation comprises: Entrance hall, open plan living room / kitchen, 2 bedrooms and bathroom.
Introduction This superbly presented Duplex Apartment is conveniently located on the popular Carlton Boulevard development close to a great variety of local amenities, Lincoln County Hospital and Lincoln City Centre.
The spacious accommodation, over two floors, briefly comprises; Entrance Hall, Open Plan Living Dining Kitchen, Two Double Bedrooms and a Shower Room. Outside there is an Allocated Parking Space.
There is a service charge of £156 per month which includes all water, electric and gas utility bills but this may increase in the upcoming months due the rising energy prices.
The property further benefits from Gas Central Heating and uPVC Double Glazing throughout.
This property is part furnished and includes a fridge freezer, washing machine, sofa, dining table, a fixed wardrobe, a double bed and blinds. Outside there is an allocated parking space.
Location The city of Lincoln is one of England's most historic cities, with the impressive Norman castle and one of the finest medieval cathedrals in Europe.
The city also benefits from two well-regarded universities, a fantastic entertainment district and a wealth of bars and restaurants.
The property is situated on the edge of the historic Bailgate area of Lincoln, a popular part of the city with picturesque streets and historic interest, as well as having a superb selection of amenities, schools and excellent transport links.
The A15 and the A46 roads provide direct access to the north and south of the county. There are also direct trains to London and Edinburgh from Newark Northgate, within easy reach of Lincoln.
Accommodation Entrance Hall Open Plan Living Dining Kitchen Bedroom One Bedroom Two Shower Room Outside Outside there is an allocated parking space.
Energy Performance Certificate EPC Rating: C Council Tax Band Council Tax Band: A Viewings Strictly by prior arrangement via the Sole agents Particulars Drafted following client's instructions from March 2020 Additional Information For further information, please contact Megan Boulter at Mount & Minster: P: E:
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 3, Carlton Boulevard, Lincoln
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