2-bedroom terraced house
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**sold prior to marketing** Pygott & Crone are delighted to offer two-bedroom terraced home, ideally situated just a short walk from Lincoln's City Centre to be sold with No Onward Chain.
The accommodation briefly comprises a welcoming Lounge, Kitchen Diner, two generous double Bedrooms, and an upstairs Family Bathroom.
Externally, the property benefits from permit parking and a low maintenance rear garden. Victoria Street is conveniently positioned within easy walking distance of Lincoln City Centre.
The historic Cathedral and University City of Lincoln offers a wide range of High Street shops, department stores, banking facilities, a multiplex cinema, marina, and art gallery.
The renowned Steep Hill leads to the picturesque Uphill area and Bailgate, home to charming boutiques, bistros, Lincoln Castle, the Cathedral, and Bishop Grosseteste University.
Agent's Note: We are advised by the vendor that they have a right of access to the side passage way.
Lounge 4.13m x 3.09m - 13'7” x 10'2” Dining Room 3.41m x 1.82m - 11'2” x 5'12” Kitchen 3.41m x 2.25m - 11'2” x 7'5” First Floor Landing Bedroom 1 3.34m x 3.09m - 10'11” x 10'2” Bedroom 2 3.43m x 2.59m - 11'3” x 8'6” Bathroom 2.49m x 1.46m - 8'2” x 4'9” Outside Store 1 1.33m x 1.03m - 4'4” x 3'5” Store 2 1m x 0.92m - 3'3” x 3'0”
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 Victoria Street, Lincoln
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