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See how verdicts work4-bedroom house · LN1 1QL
Listing removedReduced £5k (−2.8%) on 2 SepListed 242 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
West Parade, Lincoln Positioned on the ever-desirable West Parade , just a short walk from Lincoln’s historic Cathedral Quarter and city centre amenities, this substantial period townhouse offers generous and flexible accommodation arranged over two floors.
Previously utilised both as a family home and a rental investment, the property benefits from C3/C4 flexible use, well-proportioned bedrooms , a private rear garden, and no onward chain, making it an excellent opportunity for owner-occupiers and investors alike.
What Kinetic Estate Agents Love About This Property Louis Clayton: “West Parade is one of Lincoln’s most iconic addresses, period homes here always attract strong interest.” Matt Wilson: “The flexibility of the layout, combined with the C3/C4 licence, makes this a very versatile property.” Charley Moreton: “The generous bedroom sizes and walkable city-centre location really set this home apart.” Step Inside The property is accessed via a front porch which opens into a welcoming entrance hallway (approx.
0.85m x 2.72m) From here, stairs rise to the first floor, and access is provided to the main ground floor accommodation. To the front of the property sits Bedroom One (approx.
2.71m x 4.12m) , a generous and versatile room which could equally function as a reception space, home office, or ground-floor bedroom This room enjoys a front-facing aspect and excellent proportions Moving through the home, the main living space (approx.
3.70m x 4.48m) forms the heart of the property. This spacious reception room offers ample room for seating and entertaining and connects seamlessly to the kitchen and dining area beyond.
To the rear of the ground floor is the kitchen and dining area (approx.
2.34m x 3.72m) , fitted with a range of wall and base units, work surfaces, sink and drainer, oven with gas hob and extractor , and space for appliances.
The kitchen enjoys access onto the rear patio, making it ideal for everyday living and entertaining Completing the ground floor is a rear bathroom , fitted with a panelled bath with shower over, wash basin, WC, tiled surrounds , and a rear-facing window.
First Floor Accommodation The first-floor landing provides access to all upper-level rooms and continues the generous proportions found throughout the home. Bedroom Two (approx.
3.71m x 3.43m) is a spacious double bedroom, well suited to use as a principal bedroom , with ample room for freestanding furniture. Bedroom Three (approx.
2.70m x 3.50m) is another well-proportioned double bedroom , offering flexibility for family living or rental use. Bedroom Four (approx.
2.34m x 3.72m) completes the accommodation, ideal as a further bedroom, study, or dressing room depending on requirements.
Outside To the rear of the property is an enclosed garden, providing a private outdoor space ideal for seating and low-maintenance enjoyment The garden benefits from access via a shared rear passageway, typical of period homes along West Parade Life on West Parade, Lincoln West Parade is regarded as one of Lincoln’s most desirable residential streets , perfectly positioned between the city centre and the historic Cathedral Quarter.
The area offers easy access to independent cafés , restaurants, green spaces, the University of Lincoln , and excellent transport links, making it consistently popular with both homeowners and tenants.
Material Information (Provided by the Seller) Part A – Key Facts Tenure: Freehold Council Tax Band: B Property Type: Terraced townhouse Bedrooms: Four Bathrooms: One Parking: On-street permit parking Estate Charge: Not applicable Part B – Utilities & Services Electricity: Mains Water: Mains Drainage: Mains Heating: Gas central heating Glazing: Double glazing Broadband: Superfast broadband available Mobile Coverage: Good Part C – Other Relevant Factors EPC Rating: D (68) Solar Panels: None Flood Risk: Low Rights & Easements: Shared rear access typical of terrace properties Covenants: None known Construction: Traditional solid brick construction Accessibility: Standard residential layout Disclaimer These particulars are intended to give a fair and accurate description of the property, but their accuracy cannot be guaranteed.
They do not form part of any offer or contract. Purchasers must rely upon their own inspections and enquiries. None of the services, systems, or appliances have been tested.
Buyers are advised to seek independent surveys and legal advice prior to purchase.
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.
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FAQ
About 57 West Parade, Lincoln, Lincolnshire
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