2-bedroom house · LN2 5NG
For saleReduced £5k (−3.2%) on 10 OctListed 104 days
Opportunity summary
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About
Ideally situated to the east of the Cathedral City of Lincoln, this spacious and traditional two bedroom bay fronted terrace house offers immaculate and well presented living accommodation throughout.
The property comprises an entrance hall, a bright lounge with bay window, a separate dining room, a modern refitted kitchen, first floor landing, two generous double bedrooms and a first floor family bathroom.
Outside, there is a courtyard garden to the front and an enclosed rear yard with a useful brick outbuilding.
An ideal purchase for first time buyers or investors alike, early viewing is highly recommended. No chain.
Ideally situated to the east of the Cathedral City of Lincoln, this spacious and traditional two bedroom bay fronted terrace house offers immaculate and well presented living accommodation throughout.
The property comprises an entrance hall, a bright lounge with bay window, a separate dining room, a modern refitted kitchen, first floor landing, two generous double bedrooms and a first floor family bathroom.
Outside, there is a courtyard garden to the front and an enclosed rear yard with a useful brick outbuilding.
An ideal purchase for first time buyers or investors alike, early 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.
Entrance hall With staircase to the first floor. Lounge 11' 5" x 10' 5" (3.50m x 3.18m) With double glazed bay window to the front aspect, decorative fireplace, exposed floorboards and radiator.
Dining room 12' 0" x 11' 9" (3.68m x 3.60m) With double glazed window to the rear aspect, under stairs storage cupboard, decorative fireplace and radiator.
Kitchen 9' 10" x 6' 2" (3.02m x 1.88m) Fitted with a range of wall and base units with work surfaces over, stainless steel sink with side drainer and mixer tap over, electric oven with gas hob and extractor fan, wall mounted gas fired central heating boiler, spaces for washing machine and fridge freezer, tiled splashbacks, spotlights, two double glazed windows to the side aspect and door to the garden.
First floor landing bedroom 1 13' 11 (max)" x 11' 6" (4.24m x 3.51m) With double glazed window to the rear aspect and radiator.
Bedroom 2 11' 5" x 10' 5" ( 3.50m x 3.18m) With two double glazed windows to the front aspect, two double wardrobes and radiator.
Bathroom 10' 3" x 6' 11" (3.13m x 2.12m) With a three piece suite comprising of panelled bath with electric shower over, pedestal wash hand basin and close coupled WC, airing cupboard, tiled splashbacks, radiator and double glazed window to the rear aspect.
Outside To the front of the property there is a courtyard garden behind low level wall. To the rear there is an enclosed garden, paved for ease of maintenance, with flowerbeds and brick outbuilding.
Note In order to comply with the Property Misdescriptions Act 1979 we must point out that the vendor is related to a member of staff at Mundys.
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 48, Horton Street, Lincoln
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