3-bedroom terraced house · LN1 1TJ
For saleListed 11 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Waterfront views – Spacious three-bedroom mid-terrace in a fantastic location, just a stone's throw from Lincoln Brayford.
Offered with no onward chain, the property requires some work but offers generous accommodation and an excellent opportunity to create a lovely city-centre home.
Situated in an enviable position just a stone's throw from the Lincoln Brayford, this spacious three-bedroom mid-terraced property offers a fantastic opportunity for buyers seeking a well-sized home in an excellent city-centre location.
The property is offered for sale with no onward chain and would benefit from some modernisation and general tlc.
However, with generous internal accommodation, three double bedrooms and lovely views towards the Brayford, the property offers excellent potential for the new owner to make it their own and create a fantastic home.
The accommodation comprises of an entrance hall, spacious lounge, kitchen diner, porch, bathroom, first floor landing and three double bedrooms.
Location The location is a particular highlight, with the property positioned just a stone's throw from the Lincoln Brayford.
The waterfront offers a fantastic selection of restaurants, bars, cafés and leisure facilities, whilst Lincoln city centre is also within easy walking distance.
The property is ideally placed for enjoying the wider amenities of central Lincoln, including the city's extensive range of shops, restaurants and entertainment, alongside the historic Cathedral Quarter.
Lincoln railway station is also within easy reach, providing excellent connections for those commuting further afield.
Entrance hall Accessed via a UPVC front door, the entrance hall provides access to both reception areas, with stairs rising to the first-floor landing and radiator.
Lounge 12' 10" x 11' 6" (3.91m x 3.51m) A spacious front facing reception room featuring a UPVC double glazed window to the front aspect and radiator.
Kitchen/diner 15' 8 max" x 11' 7" (4.78m x 3.53m) Fitted with a range of wall and base mounted units with work surfaces incorporating a stainless steel sink with mixer tap, gas hob and electric oven.
There is a UPVC double glazed window to the rear aspect, wall-mounted gas boiler, radiator and cushioned flooring. The kitchen also benefits from tiled splashbacks and a useful pantry cupboard.
Rear porch Accessed from the kitchen diner, the porch features a UPVC double glazed door providing access to the rear yard, with space for a fridge freezer.
Bathroom Fitted with a three-piece suite comprising of bath with shower over, pedestal wash hand basin and WC.
The bathroom also benefits from an extractor fan, radiator, cushioned flooring, frosted UPVC double glazed window to the rear aspect and loft access.
First floor landing A spacious landing providing access to all three double bedrooms, with access to the loft space and radiator.
Bedroom 1 11' 9" x 9' 7" (3.58m x 2.92m) A spacious rear facing double bedroom with UPVC double glazed window and radiator.
Bedroom 2 11' 4" x 7' 5" (3.45m x 2.26m) A front facing double bedroom with UPVC double glazed window to the front aspect and radiator.
Bedroom 3 8' 7" x 7' 11" (2.62m x 2.41m) A further double bedroom with UPVC double glazed window to the front aspect and radiator.
Outside To the rear of the property there is a spacious, secure and low-maintenance yard, with gated access to the adjoining alleyway and an outside tap.
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About 10, Far Wharf, Lincoln
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