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See how verdicts work4-bedroom house · LN2 5SL
Listing removedListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An increasingly rare opportunity to acquire a portfolio of three character cottages, all held under a single title and situated in one of Lincoln's most sought-after and historic locations.
Positioned just a stone's throw from the iconic Cathedral Quarter, Lincoln Castle and the vibrant Bailgate, this unique package presents an exciting opportunity for investors, developers or those seeking to create high quality holiday accommodation in a prime tourist destination.
Location Situated in the heart of Lincoln's prestigious Cathedral Quarter, the properties enjoy an unrivalled position within easy walking distance of Lincoln Cathedral, Lincoln Castle and the historic Bailgate.
The area is renowned for its independent cafés, restaurants, boutique shops and rich heritage, whilst also providing convenient access to the city centre, University of Lincoln and excellent transport links.
This highly desirable setting continues to attract both residents and visitors alike, making it an outstanding location for investment.
An increasingly rare opportunity to acquire a portfolio of three character cottages, all held under a single title and situated in one of Lincoln's most sought-after and historic locations.
Positioned just a stone's throw from the iconic Cathedral Quarter, Lincoln Castle and the vibrant Bailgate, this unique package presents an exciting opportunity for investors, developers or those seeking to create high-quality holiday accommodation in a prime tourist destination.
The portfolio comprises two one-bedroom cottages and one two-bedroom cottage, all benefiting from their own private accommodation whilst sharing a communal courtyard to the rear, with each property also enjoying its own allocated brick-built outbuilding for additional storage.
Offering scope for refurbishment and enhancement, the cottages provide excellent potential for long-term rental, boutique holiday lets or Airbnb accommodation (subject to any necessary consents), capitalising on the exceptional location and year-round demand.
#2 wragby road A one-bedroom end terrace cottage comprising of an entrance hall, lounge/diner, kitchen, bathroom, dressing room/home office and a double bedroom.
#4 wragby road A one-bedroom mid terrace cottage comprising of an entrance hall, bathroom, lounge/diner, kitchen and a double bedroom.
#8 wragby road A two bedroom cottage comprising of an entrance hall, kitchen, bathroom, lounge/diner and two double bedrooms.
Outside To the rear of the cottages is a communal courtyard serving all three properties, creating a practical shared outdoor space.
Each cottage further benefits from its own allocated brick-built outbuilding, providing useful external storage.
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 2,4 & 8, Wragby Road, Lincoln
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