2-bedroom terraced house · LN6 0EJ
For saleListed 129 days
Opportunity summary
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About
A modern and beautifully presented Two Bedroom End Terraced Home, ideally positioned to the south of the historic Cathedral City of Lincoln.
The well appointed accommodation comprises of an Entrance Hall, a comfortable Lounge and a modern Kitchen/Diner, perfect for both everyday living and entertaining.
To the First Floor, the landing provides access to two generously proportioned Bedrooms and a contemporary Family Bathroom.
Externally, the property benefits from attractive gardens to both the front and rear, along with a driveway offering convenient off-street parking.
An excellent opportunity for first time buyers and investors alike, this superb home must be viewed to be fully appreciated.
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 under stairs storage cupboard and radiator. LOUNGE 14' 7" x 11' 5" (4.45m x 3.48m) With double glazed window to the front aspect and radiator.
KITCHEN/DINER 14' 7" x 10' 2" (4.45m x 3.11m) Fitted with a range of wall and base units with work surfaces over, stainless steel sink with side drainer and mixer tap over, spaces for fridge freezer, cooker, washing machine and tumble dryer, tiled splashbacks, radiator, double glazed window to the rear aspect and French doors to the rear garden.
FIRST FLOOR LANDING With airing cupboard, double glazed window to the side aspect and radiator. BEDROOM 1 14' 2" x 12' 1" (4.33m x 3.70m) With double glazed window to the front aspect and radiator.
BEDROOM 2 10' 3" x 8' 7" (3.14m x 2.63m) With double glazed window to the rear aspect, over stairs storage cupboard and radiator.
BATHROOM Fitted with a three piece suite comprising of panelled bath with shower over, pedestal wash hand basin and close coupled WC, part tiled walls, radiator and double glazed window to the side aspect.
OUTSIDE The property sits on a pleasant corner plot. To the front of the property there is a lawned garden.
To the rear there is an enclosed garden laid mainly to lawn with patio seating area and garden shed. The property further benefits from a driveway to the rear providing off street parking.
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.
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