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See how verdicts work3-bedroom terraced house · LN1 2GG
For saleReduced £15k (−4.8%) on 21 JunListed 483 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented Three Bedroom Terraced House situated on the desirable and executive Burton Waters development.
The property offers accommodation comprising of Hall, Cloakroom/WC, Open Plan Kitchen/Living/Dining Room and a First Floor Landing leading to Three Bedrooms, Master with En-suite and Balcony and a Family Shower Room.
The property has a rear garden with views across the Marina and an allocated parking space. Viewing of this property is essential to appreciate its position and the accommodation on offer. No chain.
A well presented Three Bedroom Terraced House situated on the desirable and executive Burton Waters development.
The property offers accommodation comprising of Hall, Cloakroom/WC, Open Plan Kitchen/Living/Dining Room and a First Floor Landing leading to Three Bedrooms, Master with En-suite and Balcony and a Family Shower Room.
The property has a rear garden with views across the Marina and an allocated parking space. Viewing of this property is essential to appreciate its position and the accommodation on offer. No chain.
Location Burton Waters is an exclusive Marina and residential development laying just to the West of the Cathedral City of Lincoln.
Quality, style and security are at the forefront, including 24-hour manned security station with CCTV.
Facilities on the site include shops, solicitors, the Woodcocks pub and restaurant, Harbour Lights floating restaurant, Indian restaurant, beauticians and the David Lloyd Sports Centre adjacent to Burton Waters.
The development offers a serene lifestyle with easy access to water based activities, making it a desirable place for those who enjoy boating and waterfront living.
The historic Cathedral 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 College.
Hall With staircase to the first floor, cloaks cupboard, laminate flooring and radiator.
Cloakroom/WC With close cupboard WC, pedestal wash hand basin, towel radiator, part tiled walls and tiled flooring.
Lounge 17' 8" x 13' 6" (5.41m x 4.13m) With double glazed French doors to the rear garden, double glazed window to the rear aspect, laminate flooring and radiator.
Kitchen/diner 16' 6" x 10' 5" (5.05m x 3.18m) Fitted with a range of wall and base units with work surfaces over, electric oven with 5 ring gas hob and extractor fan, integrated washing machine and dishwasher, space for fridge freezer, stainless steel 1.5 bowl sink with side drainer and mixer tap over, wall mounted gas fired central heating boiler, spotlights, laminate flooring, two radiators and double glazed window to the front aspect.
First floor landing With airing cupboard, laminate flooring and radiator.
Bedroom 1 11' 8" x 17' 8" (3.58m x 5.39m) With double glazed sliding door giving access to the balcony and stunning views of the marina, double glazed window to the rear aspect, fitted wardrobes with sliding doors, laminate flooring and radiator.
En suite shower room Fitted with a three-piece suite comprising of a shower cubicle, wall mounted wash hand basin in a vanity style unit and close coupled WC, towel radiator, tiled walls and flooring and spotlights.
Bedroom 2 10' 9" x 10' 5" (3.28m x 3.18m) With fitted wardrobes and bedside tables, laminate flooring, double glazed window to the front aspect and radiator.
Bedroom 3 8' 5" x 6' 10" (2.59m x 2.10m) With double glazed window to the front aspect, laminate flooring and radiator.
Bathroom Fitted with a three piece suite comprising of walk-in shower cubicle, wall mounted wash hand basin and close coupled WC, towel radiator, tiled walls and flooring and spotlights.
Outside To the rear of the property there is a lawned garden with patio seating area and views over the marina. The property benefits from an allocated parking space.
Leasehold information Length of Lease - tbc Years Remaining on Lease - tbc Annual Ground Rent - tbc Ground Rent Reviewed - Annually in tbc Annual Service Charge Amount - tbc Service Charge Reviewed - tbc All figures should be checked with the Vendor/Solicitor prior to Exchange of Contracts and completion of the sale.
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
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FAQ
About 2, Ellisons Quay, Lincoln
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