2-bedroom house · LN2 5BG
For saleReduced £5k (−3.6%) on 26 AugListed 88 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom end terraced house located in Lincoln City Centre, just off Monks Road.
Ideally positioned within easy reach of the city centre, a range of local shops, supermarkets, schools, Lincoln Central railway station, bus routes, Lincoln County Hospital, the University of Lincoln and the historic Cathedral Quarter.
The accommodation on offer comprises Lounge, Dining Room, Kitchen and Bathroom to the ground floor. To the first floor there are Two Double Bedrooms.
Externally to the rear of the property there is an enclosed courtyard garden. EPC rating: D. Hallway With stairs to the first floor.
Lounge (12'0" x 11'1" (3.66m x 3.38m)) With window and entrance door to the front aspect of the property, fireplace and radiator.
Dining Room (12'0" x 11'0" (3.66m x 3.35m)) With window to the rear aspect of the property, understairs cupboard, fireplace and radiator.
Kitchen (9'4" x 6'0" (2.84m x 1.83m)) With window to the side aspect.
Fitted with wall and base units with worktop over, stainless steel sink, oven and hob with extractor hood, space for fridge freezer, tiled flooring and door to the rear garden.
Bathroom (7'9" x 5'7" (2.36m x 1.7m)) With a window to the side aspect, panelled bath with shower over, low level wc, wash hand basin and radiator. Landing With stairs to the ground floor.
Bedroom One (12'1" x 11'2" (3.68m x 3.4m)) With a window to the front aspect, storage cupboard and radiator. Bedroom Two (12'1" x 11'1" (3.68m x 3.38m)) With a window to the rear aspect and radiator.
Outside Externally to the rear of the property there is an enclosed courtyard garden.
Agents Note These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Newton Fallowell nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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 60, St Hughs Street, Lincoln
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