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See how verdicts work8-bedroom detached house · LN2 1RG
For saleListed 105 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A substantial detached dwelling set in 0.25 of an acre in one of the most prestigious streets of the Cathedral Quarter.
The expansive accommodation extends to around 5,000 sq ft and has been used as a family home for many years.
It could equally suit conversion to luxury apartments subject to gaining the relevant planning consent which has been granted previously.
Spread over three floors the flexible accommodation comprises an entrance hall, three reception rooms, breakfast kitchen, integral garage and workshop to the ground floor along with a basement.
The first floor offers five bedrooms and two bathrooms with three further bedrooms and a bathroom on the second floor.
Outside the property sits in a generous plot which is mainly laid to lawn with mature trees and planting.
Please note not all the grounds to the rear elevation are owned by this property and are owned by the adjoing property Foley House which has installed a new driveway, but also retains a right of way over the existing driveway to the front elevation.
Please see the enclosed title plan.
Location The property is situated in the heart of the desirable Cathedral Quarter which boasts a variety of restaurants, cafés, butchers, bakery, grocer and various boutique shops.
Excellent state and private sector schools, (both primary and secondary) can be found within walking distance, along with the Lincoln University, Bishop Grostesste University and County Hospital.
The City of Lincoln is also a few minutes' walk down the hill and is a thriving City Centre that is developing more each year.
Services We understand the property offers mains water, electric and mains sewer connections.
Other COUNCIL TAX BAND Band G BROADBAND & MOBILE We understand from the Ofcom website that standard and superfast broadband are available in the area with a max download speed of 1000mbps and max upload speed of 100 mbps.
Mobile coverage varies from each provider so interested parties are advised to make their own enquires via their providers website.
BUYER IDENTITY CHECK Please note that prior to acceptance of any offer, Brown&Co are required to verify the identity of the buyer to comply with the requirements of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
Further, when a property is for sale by tender, an ID check must be carried out before a tender can be submitted. We are most grateful for your assistance with this.
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 The Grove, Lincoln, Lincolnshire, LN2 1RG
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