2-bedroom house · LN1 3JA
For saleReduced £5k (−3.2%) on 25 SepListed 100 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Starkey&Brown are delighted to offer for sale with no onward chain this beautifully maintained two-bedroom terraced home, situated in a highly sought-after uphill position.
Having undergone a program of refurbishment, the property boasts accommodation over two floors and is within a short walking distance of Lincoln’s historic Cathedral Quarter and the popular Bailgate area.
The property itself boasts a separate lounge and a separate dining room, along with a first-floor bathroom.
The ground floor has a traditional kitchen that also provides access to the rear courtyard, which features two outbuildings with great potential for further development.
The home makes for a fantastic first-time buy or investment property and has a superb location.
Ideally positioned within easy reach of essential amenities including doctors' surgeries, supermarkets, independent retailers, Bishop Grosseteste University, and Lincoln County Hospital, this home makes for an excellent first-time buy or investment property.
Council tax band: A. Freehold.
Lounge (10' 11'' x 11' 2'' (3.33m x 3.4m)) Entered via a UPVC front door, featuring a uPVC double-glazed window to the front, and a low-level storage cupboard housing the utility meters and fuse box.
Access leads into the inner hallway. Inner Hallway With stairs rising to the first floor and access into the dining room.
Dining Room (10' 11'' x 11' 2'' (3.33m x 3.40m)) Featuring a uPVC double-glazed window to the rear, a single radiator, a large under-stairs storage cupboard, and direct access to the kitchen.
Kitchen (6' 1'' x 10' 9'' (1.85m x 3.29m)) Comprising a range of eye and base level units with counter worktop space, an oven with hob, and plumbing for appliances.
Includes a single radiator, a uPVC double-glazed window to the side, and a uPVC door opening out to the rear courtyard garden.
First Floor Landing Providing access to both bedrooms, the family bathroom, and an integrated air circulation system.
Bedroom 1 (10' 11'' x 11' 3'' (3.33m x 3.43m)) A spacious double bedroom featuring a uPVC double-glazed window to the rear, a single radiator, and a large built-in wardrobe.
The wardrobe also houses the Worcester Bosch boiler (approximately 8 years old with a full annual service history) Bedroom 2 (8' 2'' x 7' 8'' (2.48m x 2.33m)) A uPVC double-glazed window to the front and a single radiator.
Bathroom (11' 2'' x 6' 1'' (3.40m x 1.85m)) A modern three-piece suite comprising a panelled bath with a shower over and a tiled splashback wall, a low-level WC, and a pedestal wash hand basin.
Fitted with an extractor unit, a chrome heated towel rail, and a uPVC double-glazed obscure window to the front. Outside Rear To the rear, a low-maintenance courtyard garden.
This features two brick-built outbuildings, further space for refuse bins, and offers excellent potential for further development or secure storage.
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 18, Wilson Street, Lincoln
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