2-bedroom property · LN1 3HX
For saleReduced £5k (−3.4%) on 16 OctListed 436 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A traditional and fully refurbished two bedroom end terraced house located in the prime Uphill Area of Lincoln, within close proximity to Lincoln's Bailgate and Cathedral Quarter.
The property has immaculate living accommodation comprising of Lounge, newly fitted Kitchen, Rear Lobby, Bathroom and a First Floor Landing leading to two Bedrooms.
Outside there is an enclosed garden. The property is being sold with No Onward Chain and viewing is highly recommended.
A traditional and fully refurbished two bedroom end terraced house located in the prime Uphill Area of Lincoln, within close proximity to Lincoln's Bailgate and Cathedral Quarter.
The property has immaculate living accommodation comprising of Lounge, newly fitted Kitchen, Rear Lobby, Bathroom and a First Floor Landing leading to two Bedrooms.
Outside there is an enclosed garden. The property is being sold with No Onward Chain and viewing is highly recommended.
Location The historic Cathedral and University City of Lincoln has the usual High Street shops and department stores, plus banking and allied facilities, multiplex cinema, Marina and Art Gallery.
The famous Steep Hill leads to the Uphill area of Lincoln and the Bailgate, with its quaint boutiques and bistros, the Castle, Cathedral and renowned Bishop Grosseteste University.
Lounge 11' 1" x 10' 8" (3.39m x 3.27m) With electric fire set within a feature fireplace, radiator and double glazed window to the front aspect. Hall With staircase to the first floor.
Kitchen 11' 0" x 10' 9" (3.37m x 3.28m) Fitted with a range of wall and base units with works surfaces over, stainless steel sink with side drainer and mixer tap, electric oven, gas hob with extractor fan, space for washing machine, breakfast bar, tiled splashbacks, radiator and double glazed window to the rear aspect.
Lobby With wall mounted gas fired central heating boiler and door to the garden.
Bathroom Fitted with a three-piece suite comprising of panelled bath with shower over, pedestal wash hand basin and close coupled WC, chrome towel radiator, tiled splashbacks and double glazed window to the rear aspect.
First floor landing bedroom 1 11' 1" x 10' 9" (3.38m x 3.30m) With double glazed window to the front aspect, over stairs storage cupboard, cast iron fireplace and radiator.
Bedroom 2 11' 1" x 10' 9" (3.38m x 3.30m) With double glazed window to the rear aspect and radiator.
Outside To the rear of the property there is an enclosed garden laid mainly to lawn with patio seating area and garden shed.
Value & comps
No previous sales on record.
Returns
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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 16, Carlton Street, Lincoln
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