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See how verdicts work3-bedroom terraced house · LN1 3EF
Sold STCListed 91 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A traditional and spacious Three Bedroom Terraced House, thoughtfully improved by the current owner and offering well presented accommodation arranged over three floors.
The property briefly comprises a welcoming Entrance Hall, Lounge with a bay window, separate Dining Room, stylish fitted Kitchen and Utility Room.
To the First Floor, the Landing provides access to two Bedrooms and a modern fitted Bathroom, while the Second Floor boasts a superb Principal Bedroom enjoying spectacular views of Lincoln Cathedral.
Externally, the property benefits from a courtyard front garden, an enclosed rear garden and on-street parking.
Viewing is highly recommended to fully appreciate the space, character and excellent location this fine home has to offer.
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 Lincoln Bishop University.
HALL With staircase to the first floor, laminate flooring and radiator.
LOUNGE 11' 2" x 10' 10" (3.42m x 3.31m) With double glazed bay window with wooden shutters to the front aspect, decorative fireplace, laminate flooring and radiator.
DINING ROOM 14' 7" x 11' 8" (4.45m x 3.57m) With double glazed window to the rear aspect, under stairs storage cupboard, decorative fireplace and radiator.
KITCHEN 13' 9" x 8' 5" (4.20m x 2.58m) Fitted with a stylish range of wall and base units with work surfaces over, twin stainless steel sinks with side drainer and mixer tap over, spaces for range cooker, fridge freezer and dishwasher, laminate flooring, double glazed window to the side aspect and door to the garden.
UTILITY ROOM With spaces for washing machine and tumble dryer, wall mounted gas fired central heating boiler and double glazed window to the side aspect.
FIRST FLOOR LANDING With staircase to the second floor. BEDROOM 2 14' 5" x 11' 3" (4.41m x 3.43m) With double glazed window to the front aspect with wooden shutters, storage cupboard and radiator.
BEDROOM 3 8' 9" x 7' 0" (2.68m x 2.14m) With double glazed window to the rear aspect and radiator.
BATHROOM Fitted with a modern four piece suite comprising of shower cubicle, panelled bath, close coupled WC and wash hand basin in a vanity style unit, tiled splashbacks, laminate flooring and double glazed window to the rear aspect.
SECOND FLOOR BEDROOM 1 17' 1" x 14' 0" (5.23m x 4.29m) With double glazed window to the rear aspect, two Velux windows with spectacular views of Lincoln Cathedral to the front, eaves storage, spotlights and radiator.
OUTSIDE To the front of the property there is a small courtyard garden set behind low level wall. To the rear of the property there is an enclosed garden laid mainly to lawn and a patio seating area.
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 Vere Street, Lincoln
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