2-bedroom semi-detached house · LN2 4RZ
Sold STCListed 218 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully refurbished two bedroom semi detached house situated in a popular and convenient Uphill location just off Greetwell Road.
The property has been significantly improved by the current owner and offers well-presented accommodation throughout.
The ground floor comprises of an entrance porch leading into a comfortable lounge, along with a modern newly fitted kitchen/diner.
To the first floor, the landing provides access to two bedrooms, including a master bedroom with a newly fitted en-suite, as well as a stylish newly fitted family bathroom.
Externally, the property benefits from gardens to both the front and rear. A driveway provides the added advantage of off-road parking, which is a rare benefit in this location.
Viewing is highly recommended.
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.
ENTRANCE PORCH With double glazed window to front aspect and laminate flooring.
LOUNGE 14' 7" x 12' 7" (4.47m x 3.84m) With double glazed window to front and side elevations, staircase to first floor, radiator and laminate flooring.
KITCHEN/DINER 12' 7" x 8' 11" (3.84m x 2.72m) Newly fitted with a stylish range of wall and base units with work surfaces over, 1 1/2 bowl sink with side drainer with mixer tap over, electric oven, gas hob with extractor fan over, integrated slimline dishwasher, spaces for fridge freezer and washing machine, tiled splashbacks, breakfast bar, laminate flooring, radiator, double glazed window to the rear aspect and double glazed French doors to the rear garden.
FIRST FLOOR LANDING BEDROOM 1 12' 4" x 9' 1" (3.76m x 2.79m) With two double glazed windows to front aspect, overstairs storage cupboard and radiator.
EN-SUITE SHOWER ROOM Newly fitted with a walk in shower cubicle and wash hand basin in a vanity style unit, tiled splashbacks, spotlights and double glazed window to the side aspect.
BEDROOM 2 8' 2" x 7' 8" (2.51m x 2.34m) With double glazed window to rear aspect and radiator.
BATHROOM Newly fitted with a stylish three piece suite comprising of panelled bath, close coupled WC and wash hand basin in a vanity style unit, towel radiator, tiled splashbacks and double glazed window to the rear aspect.
OUTSIDE To the front of the property there is a lawned garden with mature shrubs inset and a tarmac driveway providing off street parking for multiple vehicles.
To the rear there is an enclosed garden laid mainly to lawn with patio seating area, gravelled area, flowerbeds and two sheds.
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 Admiral Walk, Lincoln
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