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See how verdicts work2-bedroom terraced house · LN5 8ND
Listing removedReduced £5k (−3.7%) on 13 AugListed 403 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A traditional 2/3 bedroom bay fronted terraced house situated in the popular and convenient St Catherine's area to the South of the Cathedral City of Lincoln.
The property has well-presented internal accommodation comprising of Entrance Hall, Lounge with bay window, Dining Room, fitted Kitchen, Rear Lobby, Shower room and a First Floor Landing leading to 2 double Bedrooms and Bedroom 3/Walk-in Wardrobe accessed via Bedroom 2.
Outside there is an enclosed rear garden. Viewing is highly recommended. No chain.
A traditional 2/3 bedroom bay fronted terraced house situated in the popular and convenient St Catherine's area to the South of the Cathedral City of Lincoln.
The property has well-presented internal accommodation comprising of Entrance Hall, Lounge with bay window, Dining Room, fitted Kitchen, Rear Lobby, Shower room and a First Floor Landing leading to 2 double Bedrooms and Bedroom 3/Walk-in Wardrobe accessed via Bedroom 2.
Outside there is an enclosed rear garden. Viewing is highly recommended. No chain.
Location The historic Cathedral and University City of Lincoln has the usual High Street shops and department stores, plus banking and allied facilities, multiplex cinema, Marina and Art Gallery.
The famous Steep Hill leads to the Uphill area of Lincoln and the Bailgate, with its quaint boutiques and bistros, the Castle, Cathedral and renowned Bishop Grosseteste University.
Hall With staircase to the first floor. Lounge 11' 1" x 8' 6" (3.40m x 2.60m) With double glazed bay window to the front aspect and radiator.
Dining room 12' 2" x 11' 5" (3.72m x 3.50m) With double glazed window to the rear aspect, under stairs storage cupboard and radiator.
Kitchen 8' 3" x 6' 10" (2.52m x 2.09m) Fitted with a modern range of wall and base units with work surfaces over, stainless steel sink with side drainer and mixer tap over, electric oven and hob with extractor fan, spaces for washing machine, dishwasher and fridge freezer, tiled flooring and two double glazed windows to the side aspect.
Lobby With door to the garden, tiled flooring and radiator.
Shower room Fitted with a three piece suite comprising of shower cubicle, close coupled WC and wash hand basin in a vanity style unit, airing cupboard housing the gas fired central heating boiler, radiator, tiled flooring and two double glazed windows to the side aspect.
First floor landing bedroom 1 11' 7" x 11' 1" (3.54m x 3.40m) With double glazed window to the front aspect, over stairs storage cupboard and radiator.
Bedroom 2 12' 2" x 11' 7" (3.72m x 3.54m) With double glazed window to the rear aspect and radiator.
Bedroom 3/ walk in wardrobe 7' 11" x 6' 11" (2.42m x 2.11m) Accessed via bedroom two with double glazed window to the side aspect.
Outside To the front of the property there is a small courtyard garden set behind low level wall. To the rear there is an enclosed gravelled garden with patio area and brick outbuilding.
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
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FAQ
About 158, St. Catherines Grove, Lincoln
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