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See how verdicts work2-bedroom house · LN2 2DA
For saleReduced £5k (−3.2%) on 25 AugListed 129 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious semi detached house occupying a larger than average plot, situated in a popular and convenient residential position to the north of Lincoln.
The property offers living accommodation comprising an entrance hall, spacious open-plan living / dining room with patio doors opening onto the rear garden, and a fitted kitchen.
With the advantage a covered side passageway which has been enclosed to create a highly useful utility and storage area, incorporating the original brick-built outbuilding and providing valuable additional space.
To the first floor are two generous double bedrooms together with a family bathroom.
Outside, the property enjoys a lawned front garden and a substantial rear garden which is considerably larger than many comparable homes in the area.
Predominantly laid to lawn, the garden provides excellent space for families, entertaining and keen gardeners alike.
A further standout feature is the detached timber garden building, fitted with double-glazed windows and offering excellent versatility.
Whilst not fully completed internally, it presents an ideal workshop in its current form, or an exciting opportunity for a purchaser to create a fully insulated garden room, home office, hobby room or studio to suit their individual requirements.
The property is ideally positioned overlooking a small green space, creating a pleasant open aspect to the front, whilst ample parking bays are conveniently located nearby for residents and visitors.
Location Thoresway Drive is situated within the popular Ermine East area of Lincoln, offering excellent access to a wide range of everyday amenities including supermarkets, schooling, healthcare facilities and regular public transport links.
The historic Cathedral City of Lincoln is only a short distance away and provides an extensive range of shopping, leisure and cultural attractions, including the Cathedral Quarter, Lincoln Castle and the vibrant Brayford Waterfront.
The location is particularly popular with first-time buyers, young families and investors, benefitting from convenient access to the A15, A46 and wider road network, together with nearby green spaces and recreational facilities.
The combination of excellent amenities, accessibility and value for money continues to make this a sought-after residential location.
Arrange your viewing for the property on the Purplebricks website or via the Purplebricks App.
Property Ownership Information Tenure Freehold Council Tax Band A Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About 12, Thoresway Drive, Lincoln
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