6-bedroom terraced house · LN1 1HZ
For saleReduced £5k (−2.1%) on 20 MayListed 676 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description A spacious and superbly located two-storey, six-bedroom mid-terrace property set in the heart of the City Centre, just moments from Lincoln University.
The property offers immediate income potential with 2026 Rental Agreement at £26,000 p/a This is an excellent opportunity for investors or owner-occupiers seeking strong rental prospects in a prime, high-demand location.
Accommodation The ground floor comprises a kitchen, communal living room, shower room and two double bedrooms with stairs leading to the first floor.
To the first floor, there are four double bedrooms and shower room.
Outside The rear elevation offers a fenced garden and a roof terrace with artificial grass and space for an outside table & barbeque.
Services We understand the property has mains water, gas, electric and mains sewer connections.
Other COUNCIL TAX BAND Band A TENURE & POSSESSION Freehold with Vacant Possession RENT Please note the current rent includes bills for gas, electric, water, Wi-Fi and tv licence.
MOBILE We understand from the Ofcom website there is likely mobile coverage from EE, O2, Three and Vodafone.
BROADBAND We understand from the Ofcom website that standard and ultrafast broadband is available at this property with a max download speed of 1000 Mbps and an upload speed of 100 Mbps.
BUYER IDENTITY CHECK Please note that prior to acceptance of any offer, Brown&Co are required to verify the identity of the buyer to comply with the requirements of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
Further, when a property is for sale by tender, an ID check must be carried out before a tender can be submitted. We are most grateful for your assistance with this.
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
Agent & docs
FAQ
About 15 Victoria Terrace, Lincoln, Lincolnshire, LN1 1HZ
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