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See how verdicts work3-bedroom house · LN1 3BN
For saleReduced £5k (−1.2%) on 26 OctListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned within the highly sought after Uphill area of Lincoln, and occupying a superb position within the historic Cathedral Quarter, this rare and beautifully presented cottage on Drury Lane offers a wonderful opportunity to acquire an immaculate and deceptively spacious home, with the added benefit of exceptional views towards Lincoln Castle and Cathedral.
The thoughtfully arranged accommodation comprises a welcoming Reception Hallway, elegant Lounge, Dining Room, Study and a contemporary fitted Kitchen.
To the First Floor, the Landing leads to three generous Double Bedrooms, with Bedroom One benefiting from an En-Suite Bathroom, together with a Family Shower Room.
Externally, the property enjoys residents' permit parking to the front, whilst to the rear is a charming enclosed courtyard cottage garden, providing a delightful outdoor space and enjoying far-reaching views across the City Centre.
Situated in one of Lincoln's most desirable and characterful locations, within easy reach of the Cathedral Quarter, Bailgate and the wealth of amenities, independent shops, restaurants and historic attractions the area has to offer, this exceptional property is ideally suited to those seeking a characterful city home in an enviable setting.
Viewing is highly recommended to fully appreciate the position, character and immaculate condition of this delightful property, which is offered for sale with No Onward 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 Bishop Grosseteste University.
HALL With staircase to the First Floor, wooden flooring and radiator.
LOUNGE 11' 10" x 10' 11" (3.61m x 3.33m) With double glazed window to the front aspect, decorative fireplace, storage shelving and radiator.
DINING ROOM 13' 10" x 11' 4" (4.22m x 3.45m) With French doors to the rear garden, spotlights and radiator.
STUDY 7' 3" x 8' 5" (2.21m x 2.59m) With double glazed window to the rear aspect, understairs storage cupboard and radiator.
KITCHEN 15' 8" x 5' 3" (4.78m x 1.6m) Fitted with a modern range of wall and base units with wooden work surfaces over, electric oven and gas hob with extractor fan over, Belfast sink with side drainer and mixer tap over, integral dishwasher and washing machine, space for fridge freezer, wall-mounted gas-fired central heating boiler, tiled splashbacks, wooden flooring, spotlights, double glazed window and door to the rear garden.
FIRST FLOOR LANDING With double glazed window to the rear aspect with views across the city, loft access point and spotlights.
BEDROOM 1 14' 2" x 8' 11" (4.32m x 2.72m) With double glazed bay sash window to the rear aspect, spotlights and radiator.
EN SUITE BATHROOM 13' 8" x 5' 8" (4.19m x 1.75m) Fitted with a three piece suite comprising of P-shaped bath with shower over and glass shower screen, pedestal wash hand basin and close coupled WC, decorative fireplace, wood effect flooring, tiled splashbacks, radiator and double glazed window to the side aspect.
BEDROOM 2 12' 4" x 10' 9" (3.76m x 3.28m) With double glazed bay window to the front aspect with views of Lincoln Castle and Cathedral, spotlights and radiator.
BEDROOM 3 10' 9" x 9' 6" (3.28m x 2.92m) With double glazed bay window to the front aspect with views of Lincoln Castle and Cathedral, decorative fireplace, spotlights and radiator.
SHOWER ROOM Fitted with a three piece suite comprising of shower cubicle, wash hand basin and close coupled WC, tiled splashbacks and double glazed window to the rear aspect.
OUTSIDE To the rear of the property there is an enclosed courtyard garden with flowerbeds, mature shrubs and a brick-built shed with light and power.
The property further benefits from residents permit parking.
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
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