2-bedroom terraced house · LN2 1LP
For saleListed 13 days
Opportunity summary
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About
A charming two-bedroom end-terraced house situated at the foot of Lincoln's iconic Steep Hill, leading onto the Bailgate and Cathedral Quarter.
This well-presented two-bedroom end-terraced home offers characterful accommodation in a highly desirable central location.
The property briefly comprises a lounge with a decorative fireplace, a kitchen/breakfast room, separate utility area and ground-floor bathroom, with two well-proportioned double bedrooms occupying the first floor.
Externally, there is an enclosed rear courtyard garden, providing a private outdoor space.
Offered for sale with no onward chain, the property would make an ideal purchase for first-time buyers, investors or those seeking a conveniently positioned home close to Lincoln’s historic attractions, independent shops, cafes and restaurants.
Lincoln is a historic cathedral city offering an extensive range of amenities, including high street retailers, department stores, a marina and art gallery.
The property is particularly well positioned for access to the renowned uphill area, with Steep Hill leading to the picturesque Bailgate and Cathedral Quarter.
Here, residents can enjoy an appealing selection of independent boutiques, cafés, bistros and restaurants, alongside Lincoln Castle, the magnificent Cathedral and Bishop Grosseteste University.
Council tax band: A. Freehold. Lounge (14' 7'' x 10' 7'' (4.44m x 3.22m)) A well-proportioned reception room featuring a front-facing window, decorative fireplace, and radiator.
Kitchen/Breakfast Room (11' 10'' x 10' 7'' (3.60m x 3.22m)) Fitted with a range of wall and base units with work surfaces, space for a fridge and cooker, and a stainless-steel one-and-a-half-bowl sink with side drainer and mixer tap.
Further features include tiled splashbacks, a wall-mounted gas-fired central heating boiler, radiator, double-glazed rear window, staircase to the first floor and useful understairs storage cupboard.
Utility/Rear Lobby Providing space for a washing machine, with a side-facing window, part-tiled walls, tiled flooring, and a door leading out to the rear courtyard garden.
Bathroom Fitted with a three-piece suite comprising a panelled bath with shower over, pedestal wash hand basin, and low-level WC.
Additional features include part-tiled walls, tiled flooring, a radiator, and a double-glazed rear window. First Floor Landing Featuring wooden flooring and a useful storage cupboard.
Bedroom 1 (11' 10'' x 9' 10'' (3.60m x 2.99m)) A double bedroom with a front-facing window, decorative fireplace, wooden flooring, and radiator.
Bedroom 2 (11' 10'' x 10' 7'' max (3.60m x 3.22m)) A second bedroom with a rear-facing window, wooden flooring, and a radiator.
Outside The property benefits from an enclosed rear courtyard garden, providing a private outdoor area and having pedestrian access across the neighbouring properties.
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
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FAQ
About Kenton, Danes Terrace, Lincoln
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