4-bedroom house · LN2 1BH
Listing removedReduced £50k (−10.5%) on 27 AugListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Seller's Comments: "Life is like a box of chocolates; you never know what you're going to get..." Three years ago, we were thrilled to find this home-a rare opportunity to live in Lincoln’s historic Uphill area, blending a thoroughly modern renovation with a prime location.
We have cherished every moment here: Peaceful nights, strolls to Lincoln Cathedral, and the vibrant Bailgate neighborhood. Though my circumstances have changed, the house remains in excellent hands.
You will be welcomed for viewings by a dear friend currently looking after the home, who has kept it in immaculate condition. I hope the next owners find as much joy here as we did.
The Property A superb modern detached home finished to an exceptionally high standard, just a short walk from the Cathedral Quarter. Offered with no onward chain.
Ground Floor: Entrance Hall: Welcoming space with understairs storage and a convenient WC. Living Room: A generous, comfortable sanctuary for relaxation.
Open-Plan Kitchen/Diner: The heart of the home, featuring Quartz worktops, integrated appliances, and underfloor heating.
Two sets of patio doors open directly onto the garden, perfect for entertaining. First Floor: Principal Suite: Features a dedicated dressing room and a luxurious en-suite shower room.
Further Bedrooms: Three well-proportioned rooms served by a stylish four-piece family bathroom with a separate shower cubicle. Quality Finishes: Internal oak doors throughout.
Outside Exterior: Garden: A beautifully landscaped, south-facing rear garden with Indian slate paving, artificial lawn, and raised borders.
Outbuilding: A versatile detached space ideal for a home office or gym, plus a separate store. Parking: Private driveway with twin gates providing ample off-street parking.
Key Features: Prime Uphill Location: Walking distance to Cathedral & Bailgate. High-Spec Finish: Quartz tops, oak doors, and underfloor heating. Detached Office/Gym: Perfect for remote working.
South-Facing Garden: Low maintenance and sun-drenched.
Location The Uphill area of Lincoln is one of the city’s most desirable locations, offering excellent access to a range of amenities including the Cathedral Quarter, Cultural Quarter, Bailgate, Steep Hill, Eastgate Tennis Club and Lincoln County Hospital, as well as the highly regarded Lincoln Minster School.
Early viewing is highly recommended to appreciate both the quality of accommodation and the superb location on offer. To arrange a viewing, visit or book via the Purplebricks app.
Property Ownership Information Tenure Freehold Council Tax Band E 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
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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 advisors 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
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FAQ
About 5, Palmer Road, Lincoln
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