4-bedroom terraced house · LN2 5PQ
For saleListed 253 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £200,000 - £220,000 An exceptionally large four-bedroom bay-fronted terraced property, offered to the market with no onward chain and bursting with space and potential.
Situated on Monks Road, Lincoln, this impressive period home provides extensive accommodation arranged over multiple levels.
The property benefits from three spacious reception rooms, two bathrooms, and a useful attic conversion offering further versatile space.
While some internal modernisation is required, the sheer size and flexible layout present an excellent opportunity to enhance and add value.
Of particular interest to investors and developers, the property offers strong potential for conversion into self-contained flats, subject to the necessary consents.
This potential is supported by neighbouring properties on the street which have already been successfully converted.
Ideally located with a wide range of shops and local amenities close by, the city centre is just a short walk away, along with transport links and services, making this a highly convenient and desirable location.
Offered chain free, this substantial home represents a rare opportunity to acquire a property of this scale in a central Lincoln location.
Early viewing is highly recommended to fully appreciate the space, character, and potential on offer. PLEASE NOTE: INTERNAL PHOTOS ARE AVAILABLE UPON REQUEST.
Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Monks Road, Lincoln
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