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See how verdicts work3-bedroom terraced house · LN5 7SN
For saleReduced £5k (−2.9%) on 10 OctListed 404 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a convenient location just to the South of the Cathedral City of Lincoln, a spacious three bedroom bay fronted Terraced House with generous living accommodation comprising of private passageway, Entrance Hall, Lounge, Dining Room, Kitchen, First Floor Landing, Three Bedrooms and First Floor Bathroom.
Outside is an enclosed rear yard with three useful outbuildings. Viewing of this property is highly recommended. No chain.
Situated in a convenient location just to the South of the Cathedral City of Lincoln, a spacious three bedroom bay fronted Terraced House with generous living accommodation comprising of private passageway, Entrance Hall, Lounge, Dining Room, Kitchen, First Floor Landing, Three Bedrooms and First Floor Bathroom.
Outside is an enclosed rear yard with three useful outbuildings. Viewing of this property is highly recommended. No chain.
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 Bishop Grosseteste University.
Side passage Private side passage giving access to the front door and rear garden. Hall With staircase to the first floor.
Lounge 12' 8" x 12' 0" (3.88m x 3.68m) With double glazed bay window to the front aspect, gas fire set within a feature fireplace and radiator.
Dining room 12' 7" x 12' 0" (3.84m x 3.67m) With double glazed window to the rear aspect, gas fire with brick fireplace, under stairs storage cupboard, exposed floorboards and radiator.
Kitchen 13' 8" x 7' 4" (4.17m x 2.26m) Fitted with a range of base and wall units with work surfaces over, stainless steel sink with side drainer and mixer tap over, spaces for cooker, washing machine machine and fridge freezer, tiled splashbacks and flooring, radiator, double glazed window to the side aspect and door to the garden.
First floor landing With storage cupboard. Bedroom 1 15' 11" x 11' 11" (4.86m x 3.65m) With fitted wardrobes, exposed floorboards, two double double glazed windows to the front aspect and radiator.
Bedroom 2 12' 7" x 6' 11" (3.85m x 2.12m) With double double glazed window to the side aspect and radiator.
Bedroom 3 11' 1" x 6' 2" (3.38m x 1.88m) With double double glazed window to the side aspect and radiator.
Bathroom Fitted with a three piece suite comprising of panelled bath with shower over, pedestal wash hand basin and close coupled WC, airing cupboard, tiled splashbacks, double glazed window to the rear aspect and radiator.
Outside To the rear of the property is an enclosed paved garden with three brick outbuildings, one of which has an outside toilet.
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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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 5, Abbot Street, Lincoln
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