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See how verdicts work4-bedroom house · LN1 1LH
For saleListed 140 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented and deceptively spacious four bedroom period terraced home, ideally situated in the highly sought after West End area of Lincoln.
Retaining a wealth of character and original features, this impressive property offers generous and versatile accommodation comprising an entrance hall, lounge, dining room, sitting room, kitchen, utility area, ground floor shower room and separate WC.
To the first floor are four well proportioned double bedrooms and a further shower room.
Outside, the property benefits from a charming courtyard garden to the front and a private enclosed rear garden with lawn and patio areas.
Previously operated as a licensed HMO and meeting current requirements, the property offers excellent potential as an investment opportunity or as a substantial family home in one of Lincoln’s most desirable locations.
Early viewing is highly recommended. A beautifully presented and deceptively spacious four bedroom period terraced home, ideally situated in the highly sought after West End area of Lincoln.
Retaining a wealth of character and original features, this impressive property offers generous and versatile accommodation comprising an entrance hall, lounge, dining room, sitting room, kitchen, utility area, ground floor shower room and separate WC.
To the first floor are four well proportioned double bedrooms and a further shower room.
Outside, the property benefits from a charming courtyard garden to the front and a private enclosed rear garden with lawn and patio areas.
Previously operated as a licensed HMO and meeting current requirements, the property offers excellent potential as an investment opportunity or as a substantial family home in one of Lincoln's most desirable locations.
Early viewing is highly recommended.
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 Lincoln Bishop University.
Entrance hall With staircase to the first floor, under stairs storage cupboard and radiator.
Lounge 12' 10" x 12' 4" (3.93m x 3.77m) With double glazed bay window to the front aspect, decorative fireplace and radiator.
Dining room 12' 10" x 11' 0" (3.92m x 3.36m) With double glazed window to the rear aspect, decorative fireplace and radiator.
Sitting room 14' 10" x 10' 0" (4.54m x 3.05m) With double glazed window to the side aspect, door to the garden and radiator.
Kitchen 11' 4" x 10' 0" (3.46m x 3.05m) 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 cooker, fridge freezer and dishwasher, two double glazed windows to the side aspect, breakfast bar and radiator.
Utility room With space for washing machine and tumble dryer and wall mounted gas fired central heating boiler.
Shower room Fitted with a three piece suite comprising of shower cubicle, pedestal wash hand basin and close coupled WC and radiator.
WC Fitted with close coupled WC and wall mounted wash hand basin, radiator and double glazed window to the side aspect. First floor landing With radiator.
Bedroom 1 14' 10" x 12' 11" (4.53m x 3.95m) With double glazed window to the rear aspect, fitted wardrobe and radiator.
Bedroom 2 12' 10" x 9' 7" (3.93m x 2.94m) With double glazed window to the front aspect and radiator.
Bedroom 3 11' 4" x 10' 0" (3.47m x 3.06m) With double glazed window to the rear aspect and radiator.
Bedroom 4 10' 10" x 9' 2" (3.32m x 2.81m) With two double glazed windows to the front aspect and radiator.
Shower room Fitted with a three piece suite comprising of shower cubicle, pedestal wash hand basin and close coupled WC, radiator and double glazed window to the side aspect.
Outside To the front of the property there is a small courtyard garden behind low level wall. To the rear there is an enclosed garden laid mainly to lawn with patio seating area.
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
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FAQ
About 68, Richmond Road, Lincoln
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