2-bedroom house · LN1 1HU
For saleReduced £15k (−9.4%) on 21 JunListed 210 days
Opportunity summary
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About
Sold with no onward chain! Starkey&Brown is delighted to present this well-presented two-bedroom terraced home located on Victoria Street within the popular West End area of Lincoln.
This property would make an excellent first-time buy or investment opportunity.
Accommodation briefly comprises a living room, a separate dining room, a fitted kitchen, and a newly refurbished bathroom on the ground floor.
Rising to the first floor, there are two double bedrooms, with the master bedroom having a built-in wardrobe. Externally, the property has a courtyard garden providing a low-maintenance outdoor space.
There is one permit parking to the front of the property. Further benefits of the property include gas central heating and uPVC double-glazing throughout.
The seller has recently done a range of improvement works. These include a new bathroom, new carpets, remedial work on the chimney, and a damp proof course. Up-to-date eicr.
Victoria Street is situated within Lincoln's sought-after West End area, offering a wide range of local amenities including shops, a public house, takeaways, and cafes.
Walking distance to the University of Lincoln, Brayford Marina, the Uphill area, and Lincoln city centre. Council tax band: A. Freehold.
UPVC Composite Door Leading Into: Living Room (12' 8'' x 10' 0'' (3.86m x 3.05m)) A uPVC double-glazed window to the front aspect, carpeted, a decorative fireplace, a radiator, two wall mounted lights, a storage cupboard housing a meter and an electric point.
Access to: Dining Room (12' 8'' x 10' 8'' (3.86m x 3.25m)) Having a uPVC double-glazed window to the rear aspect, carpeted, a radiator, staircase to the first floor and an understairs storage cupboard housing electric meter.
Open access to: Kitchen (12' 3'' x 5' 7'' (3.73m x 1.70m)) Having a range of wall and base units with countertops, a stainless steel sink with mixer tap, space and plumbing for a washing machine, space for a fridge freezer, space for a tumble dryer, part tiled walls, laminate flooring, LED lighting, an integrated electric oven with 4-ring electric hob, a wall-mounted boiler - recently serviced with a gas safety check, a uPVC double-glazed window to the side aspect, a radiator and a uPVC door leading to the side rear.
Bathroom (5' 11'' x 5' 7'' (1.80m x 1.70m)) Recently refurbished.
Three-piece suite comprising a low-level WC, a wash hand basin with under storage, panelled bath with overhead shower, laminate flooring, a frosted double-glazed window to the rear, a chrome towel radiator, laminate flooring, an extractor fan and mermaid board.
First Floor Landing Carpeted and a uPVC double-glazed window. Access to bedrooms.
Bedroom 1 (12' 8'' x 10' 0'' (3.86m x 3.05m)) Having a uPVC double-glazed window to the front aspect, loft access, a built-in wardrobe, carpeted, and a radiator.
Bedroom 2 (11' 4'' x 10' 8'' (3.45m x 3.25m)) Having a uPVC double-glazed window to the rear aspect, carpeted and a radiator. Outside Front Permit parking.
Outside Rear Low maintenance paved courtyard. Gate to side access. Part fenced and part brick wall. Agents Note The seller has recently done a range of improvement works.
These include a new bathroom, new carpets, remedial work on the chimney, and a damp proof course. Up-to-date eicr.
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 12, Victoria Street, Lincoln
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