2-bedroom terraced house · LN6 7BY
Listing removedListed 266 days
Opportunity summary
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About
Ideally situated just to the South of the Cathedral City of Lincoln, a modern Two Bedroom Mid Terraced house with accommodation comprising of Lounge, Kitchen/Diner, Cloakroom/WC, First Floor Landing, Two Double Bedrooms and a Family Bathroom.
Outside there is an allocated off road parking space and an enclosed rear garden. Ideal for the first time buyer, an early viewing is highly recommended. 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 Lincoln Bishop University.
LOUNGE 14' 3" x 8' 7" (4.35m x 2.62m) With staircase to the first floor, double glazed window to the front aspect, under stairs storage cupboard and radiator.
KITCHEN/DINER 11' 10" x 11' 5" (3.62m x 3.50m) Fitted with a range of wall and base units with work surfaces over, stainless steel 1½ bowl sink with side drainer and mixer tap over, electric oven with gas hob and extractor fan, spaces for fridge freezer, washing machine and dishwasher, tiled flooring, radiator, double glazed window to the rear aspect and door the rear garden.
CLOAKROOM/WC With close coupled WC, pedestal wash hand basin, radiator, tiled flooring and splashbacks.
FIRST FLOOR LANDING BEDROOM 1 12' 2" x 10' 0" (3.71m x 3.05m) With double glazed window to the rear aspect and radiator.
BEDROOM 2 11' 10" x 9' 0" (3.63m x 2.75m) With double glazed window to the front aspect and radiator.
BATHROOM Fitted with a three piece suite comprising of panelled bath with shower over, pedestal wash hand basin, close coupled WC, radiator, tiled splashback and flooring.
OUTSIDE The property benefits from an allocated off road parking space. There is an enclosed rear garden laid mainly to lawn.
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
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