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See how verdicts work2-bedroom house · LN1 1TA
For saleReduced £20k (−13.8%) on 10 OctListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bay-fronted two-bedroom mid-terrace home enjoying an enviable position overlooking the Foss Dyke, offered for sale with no onward chain.
Situated just a stone's throw from Lincoln's vibrant Brayford Waterfront and within easy walking distance of the city centre, the property offers an excellent opportunity for first-time buyers, investors or those looking to enjoy waterside living.
Benefiting from two Reception Rooms, a modern fitted Kitchen, Two Bedrooms and an En-suite Bathroom. There is also a low-maintenance rear courtyard.
The property combines character with a superb central location.
A bay-fronted two-bedroom mid-terrace home enjoying an enviable position overlooking the Foss Dyke, offered for sale with no onward chain.
Situated just a stone's throw from Lincoln's vibrant Brayford Waterfront and within easy walking distance of the city centre, the property offers an excellent opportunity for first-time buyers, investors or those looking to enjoy waterside living.
Benefiting from two Reception Rooms, a modern fitted Kitchen, Two Bedrooms and an En-suite Bathroom. There is also a low-maintenance rear courtyard.
The property combines character with a superb central location.
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' 6" x 11' 3" (3.51m x 3.43m) Accessed via a UPVC entrance door, this attractive bay-fronted reception room enjoys pleasant views across the Foss Dyke through a UPVC double glazed bay window, allowing an abundance of natural light to fill the space.
Finished with a radiator. Inner hallway Providing access to both reception rooms, with stairs rising to the first floor landing.
Dining room 12' 2" x 11' 6" (3.71m x 3.51m) A spacious second reception room with UPVC double glazed window to the rear aspect, radiator, useful understairs storage cupboard and an additional built-in storage cupboard.
Kitchen A modern fitted kitchen comprising a range of wall and base units with complementary work surfaces incorporating a contemporary multi-functional smart sink with integrated drainer and mixer tap.
The kitchen is further fitted with a five-ring gas hob with extractor over, electric oven, tiled splashbacks, wall-mounted gas combination boiler, space and plumbing for a washing machine, lino flooring and a UPVC double glazed window to the side aspect.
Rear porch Providing useful additional space with lino flooring, radiator, space for a fridge freezer and a UPVC door leading to the rear courtyard.
Bathroom Fitted with a three-piece suite comprising of a shower cubicle with electric shower, pedestal wash hand basin and WC.
Finished with tiled splashbacks, lino flooring, radiator, extractor fan and two frosted UPVC double glazed windows to the side aspect. First floor landing Providing access to both double bedrooms.
Bedroom 1 12' 4" x 11' 3" (3.76m x 3.43m) A generous rear-facing double bedroom with UPVC double glazed window, radiator and direct access to the en-suite bathroom.
En-suite Fitted with a bath, pedestal wash hand basin and built-in storage cupboard. Further benefiting from lino flooring, radiator and a frosted UPVC double glazed window to the rear aspect.
Bedroom 2 11' 3" x 11' 3" (3.43m x 3.43m) A spacious front-facing double bedroom enjoying attractive views towards the River Witham, with two UPVC double glazed windows, radiator and built-in cupboard storage.
Outside To the front of the property, there is a front garden set behind a low-level brick wall, with on-street permit parking available.
The property's position enjoys pleasant views across the Foss Dyke towards the Brayford area.
To the rear, there is a low-maintenance enclosed courtyard, predominantly laid to concrete, with shared passageway access providing convenient rear access.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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.
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FAQ
About 10, Foss Bank, Lincoln
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