2-bedroom semi-detached house · LN2 5SL
Listing removedListed 124 days
Opportunity summary
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About
Situated in a prime location in Uphill Lincoln within close proximity to Lincoln Cathedral, a unique opportunity to acquire a 2 bedroom property with accommodation comprising of Entrance Hall, Lounge Diner, Kitchen, two Bedrooms and a Bathroom.
The property would benefit from a programme of improvements but viewing is highly recommended to appreciate this property in its prime position. No Onward 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.
ENTRANCE HALL 7' 8" x 6' 4" (2.35m x 1.95m) With double glazed window to the front aspect, laminate flooring and radiator.
KITCHEN 7' 8" x 5' 5" (2.35m x 1.66m) Fitted with wall and base units with work surfaces over, stainless steel sink and side drainer with mixer tap over, spaces for cooker and washing machine, tiled splashbacks, laminate flooring and Velux window and window to the side aspect.
LOUNGE/DINER 16' 11" x 13' 6" (5.18m x 4.12m) With double glazed window to the front aspect, decorative fireplace, side cupboard and radiator.
BEDROOM 1 11' 9" x 9' 2" (3.60m x 2.81m) With double glazed window to the side aspect and radiator.
BEDROOM 2 11' 9" x 8' 3" (3.60m x 2.53m) With double glazed window to the front aspect, laminate flooring and radiator.
BATHROOM Fitted with a three piece suite comprising of panelled bath with electric shower over, close coupled WC and pedestal wash hand basin, cupboard housing the gas fired central heating boiler, tiled walls and flooring.
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
Agent & docs
FAQ
About Wragby Road, Lincoln
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