2-bedroom terraced house · LN1 3EH
Listing removedReduced £3.5k (−2.1%) on 5 MarListed 523 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property Located in the heart of Uphill Lincoln, one of the city’s most desirable areas, this versatile mid-terrace home offers charm, space and excellent potential.
Inside, the property features an entrance hall, a bright living room, a separate dining room, and a modern fitted kitchen.
Upstairs, there are two good-sized double bedrooms and a spacious bathroom with a shower-over-bath.
Outside, enjoy a private, low-maintenance rear garden with a patio seating area and a brick-built outhouse for storage. On-street parking is available with no permit required.
Conveniently situated close to Bishop Grosseteste University, The Bailgate, and a range of shops, cafés, pubs and transport links, this home offers both lifestyle appeal and investment potential.
Please note: some photos have been virtually staged to highlight potential. The original unstaged images are also provided.
Investment Information Licensed and approved for C2 (HMO) and C3 (residential) use. Proven rental income of around £16,000 per annum (bills included).
Excellent location for students or young professionals. High-performing Airbnb area, with strong occupancy and income potential. Option to include white goods in the sale.
Additional Information Full damp proof course (2016) with warranty until 2046. Hive wireless heating system and recently serviced boiler with new CPU.
Valid gas safety certificate and electrical certificate. Well maintained by current owner with regular upkeep and cleaning.
Summary This well-presented Uphill Lincoln home is ready to move into, while offering the chance to modernise and increase value.
Ideal for first-time buyers, landlords or investors seeking a property with character, convenience and long-term potential. Early viewing recommended.
Visit Purplebricks.co.uk to arrange a viewing or via the PB App.
Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as 'draft'.
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Good Lane, Lincoln, LN1
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