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See how verdicts work4-bedroom house · LN1 1QD
For saleReduced £10k (−4%) on 4 AugListed 142 days
Opportunity summary
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About
A well presented and spacious four bedroom end terrace property situated in this popular position within the West End of the historic city of Lincoln, conveniently located for both the city centre, the University of Lincoln and Lincoln Cathedral.
The property offers generous living accommodation comprising an Entrance Hallway, Bay Fronted Lounge, Dining Room, modern fitted Kitchen and Ground Floor Bathroom.
To the first floor there are four well appointed bedrooms and a shower room. Externally, the property benefits from a front garden and an enclosed rear garden with block paving and artificial lawn.
A substantial workshop provides excellent storage space and offers potential for conversion, subject to any necessary consents.
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.
Inner hallway With uPVC entrance door to the side elevation, stairs rising to the first floor and doors leading to the lounge and dining room.
Lounge 11' 3" x 11' 1" (3.45m x 3.40m) With walk in uPVC bay window to the front elevation and radiator.
Dining room 12' 7" x 11' 3" (3.86m x 3.45m) With tiled flooring, uPVC window overlooking the rear garden, radiator, space for a dining table and opening through to the kitchen.
Kitchen 17' 5" x 6' 0" (5.31m x 1.85m) Fitted with a range of modern base units and drawers with work surfaces over incorporating twin circular sinks with mixer tap.
There is space for a cooker, washing machine and fridge freezer, wall mounted cupboards with LED strip lighting, continuation of the tiled flooring, uPVC door to the rear garden and door leading to the bathroom.
Bathroom 7' 8" x 6' 0" (2.34m x 1.85m) Fitted with a three piece suite comprising WC, wash hand basin and bath with shower over.
Fully tiled walls and floor, uPVC window to the side elevation and heated towel radiator. Landing Providing access to four bedrooms and the shower room.
Bedroom 1 11' 3" x 10' 7" (3.45m x 3.23m) With uPVC window to the front elevation and radiator. Bedroom 2 12' 9" x 11' 8" (3.91m x 3.58m) With uPVC window to the rear elevation and radiator.
Bedroom 3 12' 11" x 6' 7" (3.94m x 2.03m) With uPVC window to the rear elevation and radiator. Bedroom 4 11' 3" x 8' 0" (3.43m x 2.46m) With uPVC window to the front elevation and radiator.
Shower room 5' 8" x 4' 7" (1.73m x 1.42m) Fitted with a shower cubicle, WC and wash hand basin, together with a radiator.
Outside To the front of the property there is a gated entrance, and a brick wall frontage.
The enclosed rear garden has been designed for ease of maintenance and features block-paved seating areas and artificial lawn, providing an attractive outdoor entertaining space.
Access is provided to the workshop.
Workshop 30' 6" x 12' 2" (9.30m x 3.71m) A useful and substantial outbuilding with two uPVC windows and uPVC entrance door, power and lighting connected, together with a newly fitted roof.
The workshop offers excellent storage space and could be suitable for a variety of uses, subject to any necessary consents.
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
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FAQ
About 103, Newland Street West, Lincoln
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