3-bedroom terraced house · LN1 3EQ
For saleReduced £15k (−7.9%) on 10 OctListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer for sale this well-presented three-bedroom terraced home, ideally situated within Lincoln's highly sought-after uphill area and within easy walking distance of the historic Bailgate, Lincoln Bishop University, Lincoln High Street and an excellent range of local shops, restaurants, pubs and amenities.
The property is being sold with no onward chain and offers spacious and versatile accommodation arranged over two floors.
To the ground floor, an entrance hallway leads through to a modern fitted kitchen, complete with an oven, hob, extractor, free standing washing machine and dishwasher and integrated fridge freezer.
The sellers have advised that all white goods are to be included within the sale.
There is also a modern bathroom, together with a generous lounge and separate dining room, providing excellent and flexible space for everyday living and entertaining.
To the first floor are three well-proportioned bedrooms. Externally, the property benefits from a low-maintenance decked garden, providing a pleasant and private outdoor space.
The property is superbly positioned within one of Lincoln's most historic and desirable areas.
The picturesque uphill area is renowned for its character, excellent local amenities and close proximity to the city's universities, while Lincoln Cathedral and Castle are also within easy reach.
The surrounding area offers an excellent selection of independent shops, cafés, restaurants and public houses, together with convenient access to Lincoln city centre.
This attractive home would make an ideal purchase for first-time buyers, families or professionals, while also presenting an appealing opportunity for investors seeking a property in this highly desirable location.
Early viewing is highly recommended to fully appreciate the spacious accommodation and excellent location on offer.
Entrance Hall Kitchen 3.04m x 1.88m - 9'12” x 6'2” Dining Room 3.65m x 3.49m - 11'12” x 11'5” Hall Lounge 3.49m x 3.48m - 11'5” x 11'5” Bathroom 1.93m x 1.88m - 6'4” x 6'2” First Floor Landing Bedroom 1 3.64m x 3.5m - 11'11” x 11'6” Bedroom 2 3.92m x 1.98m - 12'10” x 6'6” Bedroom 3 2.66m x 2.52m - 8'9” x 8'3”
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 64, St. Nicholas Street, Lincoln
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