We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · LN1 1SL
For saleReduced £9k (−5.3%) on 14 OctListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Perfectly positioned on Derwent Street, just of Carholme Road and a short walk from Lincoln City Centre, the University of Lincoln and excellent transport links, this beautifully presented two double bedroom terraced home is sure to impress a wide range of buyers, from first-time purchasers to investors.
The property has been thoughtfully improved by the current owners and boasts a stylish newly fitted kitchen and newly fitted carpets, whilst retaining spacious and versatile living accommodation throughout.
The ground floor offers two generous reception rooms, ideal for both relaxing and entertaining, together with the modern kitchen and a large shower room.
Upstairs, you’ll find two well-proportioned double bedrooms and a further family bathroom, providing practical accommodation for couples, professionals or small families.
Outside, the property enjoys a generous enclosed rear garden, offering a fantastic space for outdoor dining, entertaining or simply unwinding.
Combining modern presentation with an excellent central location close to shops, restaurants, the University and public transport, this is a home that is ready to move straight into.
Early viewing is highly recommended to fully appreciate everything this fantastic property has to offer.
Hall (1.04m x 2.40m (3'5" x 7'10")) Enter through frosted UPVC double glazed front door to entrance hall with fitted floor mat to entrance hall area.
Ceiling light fitting and stairs to 1st floor and doors to lounge and dining room Lounge (3.43m x 3.57m (11'3" x 11'9")) With newly fitted carpet flooring, UPVC double glazed bay window to front, radiator and ceiling light fitting.
With decorative Victorian style gas coal effect fire with surround and hearth.
Dining Room (3.83m x 3.57m (12'7" x 11'9")) Newly fitted carpet flooring and understairs storage cupboard, radiator, fitted full height storage cupboard UPVC double glazed window to rear garden and access to the kitchen Kitchen (3.23m x 1.93m (10'7" x 6'4")) New fully fitted kitchen with wall and floor fitted units with work surface and counter lighting.
Space for fridge/freezer and washing machine, gas hob, electric oven with extractor hood above, sink with drainer and mixed tap over.
UPVC double glazed window to the side of property, ceiling light fitting, door leading to the rear garden, heated towel radiator and vinyl flooring Shower Room (2.24m x 1.93m (7'4" x 6'4")) With vinyl flooring, wash hand basin, WC and corner shower unit with mains shower.
Heated towel radiator, tiles to the walls and shower area, extractor fan, ceiling light fitting, frosted double glazed UPVC window to rear or property and fitted floor level storage unit with work surface over.
Landing With newly fitted carpet flooring, ceiling light fitting, radiator and access to all first floor rooms Bedroom 1 (3.66m x 3.49m (12'0" x 11'5")) With newly fitted carpet flooring, radiator, ceiling light fitting and large cupboard with loft access.
Twoo fitted wardrobes with sliding doors, one housing gas Combi boiler and double glazed UPVC window to rear Bedroom 2 (3.41m x 2.34m (11'2" x 7'8")) With newly fitted carpet flooring, radiator, ceiling light fitting and uvpc double glazed window to front Bathroom (2.53m x 2.17m (8'4" x 7'1")) With vinyl flooring, panel bath with mixer tap over with telephone shower attachment and separate corner shower unit with electric shower.
Wash hand basin, WC with tiled splash backs and to shower area.
Radiator, ceiling light fitting, extractor fan and frosted UPVC double glazed window to front Outside (1.08m x 1.93m (3'7" x 6'4")) Access via shared passageway through a gate into the rear garden.
With concrete area to rear of property and brick walls to borders and mainly laid to lawn. With external storage shed to rear of property.
To the front of the property is a brick wall to the border with path leading to the shared passageway to the the front door of the property.
Services All mains services Gas Central Heating Double Glazed Windows Throughout New Fitted Kitchen New Fitted Carpets EPC Rating D Council Tax Band A
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.
Area
Agent & docs
.png)
FAQ
About 11, Derwent Street, Lincoln
Explore nearby