2-bedroom terraced house · LN1 3HX
Sold STCListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two-bedroom mid-terrace property positioned in this popular location just off Burton Road, in Uphill Lincoln.
The property is being sold with No Chain and offers internal accommodation comprising a Lounge, fitted Dining Kitchen and First Floor Landing giving access to two Bedrooms and a Bathroom.
There is on-street parking to the front and a garden to the rear.
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.
LOUNGE 11' 2" x 10' 1" (3.42m x 3.08m) With UPVC window and door to the front, wood flooring, radiator and electric fire with hearth surround.
KITCHEN/DINER 11' 3" x 10' 1" (3.45m x 3.08m) With UPVC window and door to the rear, fitted with base units with work surfaces over, stainless steel sink and drainer with mixer tap, spaces for cooker, washing machine and fridge, wall-mounted cupboards with complementary tiling, wall-mounted gas central heating boiler, under-stairs storage cupboard, radiator and space for a dining table.
FIRST FLOOR LANDING Giving access to two bedrooms and the bathroom. BEDROOM 1 11' 1" x 10' 8" (3.40m x 3.27m) With UPVC window to the front and radiator.
BEDROOM 2 6' 4" x 10' 1" (1.94m x 3.08m) With UPVC window to the rear and radiator.
BATHROOM 4' 0" x 6' 2" (1.24m x 1.89m) Fitted with a suite comprising WC, wash hand basin and bath, tiled walls and a radiator. OUTSIDE To the front there is on-street parking.
To the rear there is a lawned garden with paved seating area.
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 Carlton Street, Lincoln
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