2-bedroom house · LN1 3EQ
For saleReduced £7.5k (−4.1%) on 10 OctListed 100 days
Opportunity summary
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About
A traditional terraced house in a fantastic position within the ever popular Uphill area of Lincoln, offering immaculate and beautifully presented accommodation throughout.
The property comprises an entrance hall, a comfortable lounge, separate dining room, stylish fitted kitchen, first floor landing, two well proportioned bedrooms, both benefiting from en-suite shower rooms, together with an additional shower room.
Outside, there is a low maintenance enclosed rear garden, laid to gravel, with a useful brick outbuilding. An excellent home in a sought after location, early viewing is highly recommended. No chain.
A traditional terraced house in a fantastic position within the ever-popular Uphill area of Lincoln, offering immaculate and beautifully presented accommodation throughout.
The property comprises an entrance hall, a comfortable lounge, separate dining room, stylish fitted kitchen, first floor landing, two well proportioned bedrooms, both benefiting from en-suite shower rooms, together with an additional shower room.
Outside, there is a low maintenance enclosed rear garden, laid to gravel, with a useful brick outbuilding. An excellent home in a sought after location, early 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 Lincoln Bishop University.
Hall With staircase to the first floor and laminate flooring. Lounge 11' 5" x 11' 5" (3.50m x 3.49m) With double glazed window to the front aspect, laminate flooring and radiator.
Dining room 11' 10" x 11' 6" (3.62m x 3.51m) With double glazed window to the rear aspect, under stairs storage cupboard, laminate flooring and radiator.
Kitchen 13' 6" x 6' 2" (4.12m x 1.89m) Fitted with a stylish range of wall and base units with work surfaces over, integrated fridge, eye level electric oven, electric hob with extractor fan, spaces for freezer and washing machine, sink with side drainer and mixer tap over, wall mounted gas fired central heating boiler, spotlights, laminate flooring, double glazed window to the side aspect and door to the garden.
First floor landing bedroom 1 11' 6" x 8' 8" (3.53m x 2.65m) With double glazed window to the front aspect and radiator.
En-suite shower room Fitted with a three piece suite comprising of shower cubicle, wash hand basin in a vanity style unit and close coupled WC, tiled splashbacks, towel radiator and double glazed window to the front front aspect.
Bedroom 2 11' 11" x 11' 6" (3.64m x 3.53m) With double glazed window to the rear aspect and radiator.
En-suite shower room Fitted with a three piece suite comprising of shower cubicle, wash hand basin in a vanity style unit and close coupled WC, tiled splashbacks and towel radiator.
Shower room Fitted with a three piece suite comprising of shower cubicle, wash hand basin in a vanity style unit and close coupled WC, tiled splashbacks and towel radiator.
Outside To the rear of the property there is an enclosed garden, gravelled for ease of maintenance and brick outbuilding.
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.
Area
Agent & docs
FAQ
About 48, St. Nicholas Street, Lincoln
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