1-bedroom house · LN1 3EZ
Listing removedListed 265 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully renovated 1800s cottage, ideally positioned in Lincoln’s highly sought-after Uphill area, just moments from the historic Bailgate.
This charming character home blends period features with modern finishes, offering stylish and low-maintenance living in one of Lincoln’s most desirable locations.
Thoughtfully updated throughout, the cottage retains its traditional stone façade while delivering a contemporary interior suited to modern lifestyles.
This property is perfectly suited for a Holiday Let with its own addition off a Turn-Key.
The accommodation briefly comprises a welcoming lounge with character features, a well-appointed kitchen, and a sleek, modern bathroom.
Upstairs, the generous double bedroom provides a peaceful retreat, filled with natural light.
To the rear, the property truly excels, boasting a generous garden, perfect for entertaining, gardening, or simply enjoying the outdoors.
A brick outbuilding offers excellent additional storage or potential for use as a workshop or hobby space (subject to any necessary permissions).
Situated within close proximity of Lincoln Cathedral, the Bailgate’s independent shops, cafés, and restaurants, this prime Uphill location is ideal for professionals, downsizers, or those seeking a charming city bolthole with character and convenience in equal measure.
Early viewing is highly recommended to appreciate the quality of finish, outdoor space, and exceptional location on offer.
Living Room (4.19m x 3.64m) With double glazed window to the front aspect, log burner set within fireplace, wooden flooring and radiator.
Kitchen (2.78m x 2.2m) Fitted with base units with work surfaces over, sink with side drainer, electric oven, two ring gas hob, integral dishwasher, tiled splashbacks, staircase to the first floor and door to the rear garden.
Bedroom 1 (3.58m x 3.39m) With double glazed window to the front aspect, storage cupboard and radiator.
Bathroom (2.76m x 2.74m) Recently installed standing shower, free standing bathtub, sink and toilet.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
FAQ
About 23, Rasen Lane, Lincolnshire
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