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See how verdicts work3-bedroom terraced house
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A deceptively spacious Three/Four Bedroom Three Storey House to the East of the Cathedral City of Lincoln, within close proximity to the City Centre, Lincoln County Hospital and the Eastern Bypass.
The property has well-presented and versatile accommodation comprising of Hall, Lounge, Dining Room, Kitchen and a First Floor Landing leading to two double Bedrooms, a Study and Family Bathroom.
The property further benefits from a potential self-contained annexe at basement level, comprising Bedroom 3, a utility room, and a shower room.
Outside there is an enclosed courtyard with brick outbuilding. Viewing of this property is essential to appreciate the accommodation on offer. No chain.
A deceptively spacious Three/Four Bedroom Three Storey House to the East of the Cathedral City of Lincoln, within close proximity to the City Centre, Lincoln County Hospital and the Eastern Bypass.
The property has well-presented and versatile accommodation comprising of Hall, Lounge, Dining Room, Kitchen and a First Floor Landing leading to two double Bedrooms, a Study and Family Bathroom.
The property further benefits from a potential self-contained annexe at basement level, comprising Bedroom 3, a utility room, and a shower room.
Outside there is an enclosed courtyard with brick outbuilding. Viewing of this property is essential to appreciate the accommodation on offer. 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.
Basement level bedroom 3 12' 11" x 11' 2" (3.94m x 3.42m) With double glazed window to the rear aspect, decorative brick fireplace, understairs storage cupboard, wood flooring, spotlights and radiator.
Utility room Fitted with a range of wall and base units with work surfaces over, spaces for washing machine and tumble dryer, sink with side drainer and mixer tap over, tiled flooring, tiled splashbacks, spotlights and double glazed door to the garden.
Shower room Fitted with a three piece suite comprising of shower cubicle, close coupled WC and pedestal wash hand basin, tiled walls, spotlights and double glazed window to the side aspect.
Ground floor hall With glazed entrance door, laminate flooring and radiator. Dining room 14' 9" x 8' 7" (4.52m x 2.63m) With double glazed bay window to the front aspect and radiator.
Lounge 13' 2" x 11' 6" (4.03m x 3.53m) With electric fire set within decorative fireplace, double glazed window to the rear aspect, laminate flooring and radiator.
Kitchen 14' 0" x 7' 2" (4.28m x 2.20m) Fitted with a range of wall and base units with work surfaces over, stainless steel sink with side drainer and mixer tap over, spaces for fridge freezer, cooker and dishwasher, tiled splashbacks, tiled flooring, radiator, two double glazed windows to the side aspect and door to the garden.
First floor landing With airing cupboard and radiator. Bedroom 1 12' 2" x 11' 5" (3.72m x 3.49m) With double glazed window to the front aspect, overstairs storage cupboard and radiator.
Bedroom 2 13' 2" x 8' 10" (4.03m x 2.70m) With double glazed window to the rear aspect and radiator.
Study/bedroom 5' 10" x 4' 6" (1.79m x 1.39m) With double glazed window to the side aspect, spotlights and radiator.
Bathroom Fitted with a three piece suite comprising of panelled bath with shower over and glass shower screen, pedestal wash hand basin and close coupled WC, tiled walls, tiled flooring, spotlights, radiator and double glazed window to the rear aspect.
Outside The property is set back from the road by a small yard behind low level wall. To the rear there is an enclosed courtyard with a brick storage shed.
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 Monks Road, Lincoln
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