5-bedroom house · LN5 8NA
Listing removedListed 1234 days
Opportunity summary
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About
Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £145,000 Five bedroom, terraced house with HMO licence. Being sold with vacant possesion.
The property is within walking distance of local amenities and town centre.
The property offers entrance hall, sitting room, bedroom one with en-suite, kitchen diner, bathroom and WC to the ground floor. To the first floor there are four bedrooms, shower room and bathroom.
Outside the property to the rear there is an enclosed garden laid to lawn. The property is being sold with no onward chain. EPC rating: E.
Entrance Hall External door to front aspect and stairs to first floor. Sitting Room (11'10" x 9'4" (3.61m x 2.84m)) Window to rear aspect and radiator.
Bedroom One (11'11" x 12'6" (3.63m x 3.81m)) Bay Window to front aspect and radiator. En-Suite (7'8" x 2'9" (2.34m x 0.84m)) Fitted with shower cubicle, low level WC, wash hand basin and radiator.
Kitchen Diner (21'11" x 7'11" (6.68m x 2.41m)) Windows and external door to side aspect.
Fitted with a range of wall and base units with worktops over, sink with drainer, free standing cooker, plumbing for washing machine and dishwasher, space for fridge and freezer and radiator.
Bathroom (6'2" x 5'0" (1.88m x 1.52m)) Window to rear aspect and fitted with panel bath with shower over, wash hand basin, low level WC and radiator.
WC (3'2" x 2'11" (0.97m x 0.89m)) Fitted with low level WC and wash hand basin. Landing Access to loft.
Bedroom Two (12'0" x 7'1" (3.66m x 2.16m)) Window to front aspect and radiator Bedroom Three (11'11" x 8'10" (3.63m x 2.69m)) Window to front aspect and radiator.
Bedroom Four (8'11" x 10'0" (2.72m x 3.05m)) Window to rear aspect and radiator. Shower Room Fitted with shower cubicle and wash hand basin.
Bedroom Five (11'5" x 7'10" (3.48m x 2.39m)) Window to rear aspect and radiator.
Bathroom (6'4" x 5'0" (1.93m x 1.52m)) Window to side aspect and fitted with panel bath with shower over, low level WC and radiator.
Outside To the rear of the property there is an enclosed garden laid to lawn and shed.
Agent 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
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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 16, St Catherines Grove, Lincoln
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