2-bedroom house · LN1 3EQ
Sold STCReduced £10k (−6.1%) on 21 JunListed 189 days
Opportunity summary
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About
Two double bedroom Mid Terraced House situated in an uphill location within easy walking distance of amenities and the Cathedral Quarter. For sale with No Onward Chain.
Recently redecorated throughout the accommodation comprises Lounge, Dining Kitchen, Bathroom and Two Double Bedrooms. Outside is a lawned rear garden with paved patio area. EPC Grade C! EPC rating: C.
Lounge (11'5" x 10'4" (3.48m x 3.15m)) Door and window to front aspect and radiator. Inner Hall Stairs to first floor.
Dining Area (11'4" x 10'4" (3.45m x 3.15m)) Window to rear aspect, radiator and understairs storage cupboard. Kitchen Area (7'9" x 6'0" (2.36m x 1.83m)) Window and door to side aspect.
Fitted with a range of wall and base units with work surface and drainer sink unit over. Fitted oven, four gas burner hob and extractor hood.
Bathroom (6'2" x 6'0" (1.88m x 1.83m)) Window to side aspect. Fitted with a low level wc, wash hand basin and panelled bath with shower and glazed shower screen.
Tiled walls, heated towel rail and extractor fan. Landing Doors to bedrooms. Bedroom One Window to front aspect, radiator and built in wardrobe cupboard with loft hatch.
Bedroom Two (11'4" x 10'4" (3.45m x 3.15m)) Window to rear aspect, radiator built in double cupboard housing wall gas central heating boiler.
Outside A shared passageway to the side of the property leads to the lawned rear garden with patio area. Neighbouring access for dustbins.
Agents Note These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Newton Fallowell nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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 29, St Nicholas Street, Lincoln
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