2-bedroom terraced house · LN1 3HX
For saleListed 14 days
Opportunity summary
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About
A Two Bedroom Mid Terrace Property situated in this popular uphill location on Carlton Street, just off Burton Road.
The property offers well proportioned accommodation comprising a Lounge, Kitchen, Utility Area and Ground Floor Bathroom, with a First Floor Landing giving access to Two Bedrooms.
Outside, there is on-street parking to the front and a rear yard. The property is being sold with No Onward Chain.
Description A Two Bedroom Mid Terrace Property situated in this popular uphill location on Carlton Street, just off Burton Road.
The property offers well proportioned accommodation comprising a Lounge, Kitchen, Utility Area and Ground Floor Bathroom, with a First Floor Landing giving access to Two Bedrooms.
Outside, there is on-street parking to the front and a rear yard. The property is being sold with No Onward 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.
Lounge 11' 0" x 11' 1" (3.36m x 3.38m) With UPVC door and window to the front aspect, radiator and wooden flooring.
Kitchen/diner 11' 5" x 11' 1" (3.50m x 3.38m) Fitted with a range of base units and drawers with work surfaces over, stainless steel sink and drainer, electric oven with four-ring electric hob and extractor over, radiator, UPVC window to the rear aspect and space for a dining table.
Utility room 7' 6" x 4' 1" (2.30m x 1.27m) With work surface, UPVC window to the side aspect and access to the rear entrance.
Rear entrance With a UPVC side entrance door providing access to the utility room and bathroom.
Bathroom 9' 4" x 5' 5" (2.87m x 1.66m) With side-facing window and suite comprising bath with shower attachment, WC and wash hand basin. Airing cupboard housing the gas central heating boiler.
First floor landing With access to both bedrooms. Bedroom 1 11' 1" x 11' 1" (3.39m x 3.38m) With UPVC window to the front aspect and radiator.
Bedroom 2 13' 3" x 11' 1" (4.05m x 3.38m) With UPVC window to the rear aspect and radiator.
Outside To the rear of the property there is an enclosed yard with a gate providing access to the rear passage. There is on-street parking available to the front.
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 15, Carlton Street, Lincoln
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