# 3 bedroom flat for rent (LN2 5EQ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 158 CANNON STREET, LINCOLN, LINCOLNSHIRE LN2 5EQ |
| Price | £895 pcm |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Council tax | A |
| Construction age | England and Wales: 1950-1966 |
| Floor area | 79 m² |
| Last sold | £100,000 May 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 29/07/2029
- **Current heating cost:** £497/year

### Recommendations
- W2 (6,000)
- I (3,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/7808-1081-6243-4351-8960)

## Description

** Video Tour Available ** City centre THREE BEDROOM Ground Floor Flat, Available Now. Recently refurbished decorating and carpets throughout. The good sized accommodation comprises Entrance Hall, Living Room, Dining Kitchen with cooker, Three Bedrooms, two with built in wardrobes, Shower Room & WC.  EPC rating: C.

## Property Photos

- ![Photo](/listings/photos/173430857/541829)
- ![Photo](/listings/photos/173430857/541832)
- ![Photo](/listings/photos/173430857/541835)
- ![Photo](/listings/photos/173430857/541837)
- ![Photo](/listings/photos/173430857/541840)
- ![Photo](/listings/photos/173430857/541843)
- ![Photo](/listings/photos/173430857/541844)
- ![Photo](/listings/photos/173430857/541849)

## Floorplans

- ![Floorplan](/listings/photos/173430857/541852) - Floorplan

## EPC Graphs

- ![EPC Graph](/listings/photos/173430857/541858) - EPC Graph

## FENSA Certificates

This property has 2 FENSA certificate(s) on record.

### FENSA Certificate #7219653
- **Address:** 158 Cannon Street, LINCOLN, LN2 5EQ
- **Certificate Issued:** 15/03/2010
- **Work Completed:** 22/02/2010
- **Items:** 5 window(s)

### FENSA Certificate #7171242
- **Address:** 158 Cannon Street, LINCOLN, LN2 5EQ
- **Certificate Issued:** 22/02/2010
- **Work Completed:** 01/02/2010
- **Items:** 5 window(s)

## Rental Range

*ONS Price Index of Private Rents (Lincoln). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £855/mo
- **Realistic:** £950/mo
- **Optimistic:** £1,045/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Lincoln (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £673/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Terraced House, Ripon St, LN5 | £1,000/mo | 3 | 0.62 miles | OpenRent |

**Average rent: £1,000/mo (1 listing)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,000/mo).*

- **Gross yield:** 1340.8%
- **Monthly cashflow:** £871/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4029.2%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £11/m²

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)