3-bedroom terraced house · LN5 8JX
For saleReduced £50k (−33.3%) on 8 OctListed 792 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cash buyers only. Situated on Shakespeare Street just off Lincoln High Street, Starkey&Brown are pleased to offer for sale this 3 bedroom mid terraced house.
The property has a staircase from first floor to a boarded attic area with light and power, however we understand there are no building regulations to formally call this another bedroom, also the is no skylight.
Accommodation has 3 bedrooms to the first floor. Whilst downstairs benefits from lounge, separate dining room, kitchen and bathroom.
The property is also benefits from uPVC double glazing and gas central heating system.
Outside there is a south-facing rear garden leading to a 10'0" x 10'0" concrete workshop with pitched roof, light and power. We are advised by the vendor this property is to be offered chain free.
Council tax band: A. Freehold.
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
FAQ
About 34, Shakespeare Street, Lincoln
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