2-bedroom terraced house · LN5 7UG
For saleListed 193 days
Opportunity summary
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About
A Two Bedroom Terraced House situated in the convenient Sincil Bank area just off the High Street to the South of the Cathedral City of Lincoln.
The property has internal accommodation comprising of Lounge, Hall, Dining Room, Kitchen and a First Floor Landing leading to Two double Bedrooms and Bathroom.
Outside there is an enclosed rear yard with outbuildings. The property further benefits from residents permit parking. Viewing is highly recommended. NO CHAIN.
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 Lincoln Bishop University.
LOUNGE 11' 10" x 11' 1" (3.63m x 3.40m) With double glazed window to the front aspect, laminate flooring and radiator. HALL With staircase to the First Floor.
DINING ROOM 13' 2" x 11' 6" (4.03m x 3.53m) With double glazed window to the rear aspect, laminate flooring, storage cupboard, understairs storage cupboard and radiator.
KITCHEN 11' 2" x 5' 10" (3.42m x 1.78m) Fitted with a range of wall and base units with work surfaces over, stainless steel sink with side drainer and hot and cold taps, electric oven, gas hob with extractor fan, spaces for washing machine and fridge freezer, tiled splashbacks, laminate flooring, wall mounted gas fired central heating boiler, double glazed window to the side aspect and door to the garden.
FIRST FLOOR LANDING BEDROOM 1 11' 9" x 11' 2" (3.60m x 3.41m) With double glazed window to the front aspect, fitted wardrobes and radiator.
BEDROOM 2 14' 10" x 7' 6" (4.53m x 2.31m) With double glazed window to the rear aspect and radiator.
BATHROOM 10' 1" x 6' 6" (3.09m x 2.00m) Fitted with a three piece comprising of panelled bath with shower over and glass shower screen, close coupled WC and pedestal wash hand basin, tiled splashbacks, radiator and double glazed window to the rear aspect.
OUTSIDE To the rear of the property there is an enclosed yard with brick outbuildings. The property benefits from residents permit parking.
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
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FAQ
About St. Andrews Street, Lincoln
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