We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work5-bedroom semi-detached house · LN1 1HF
Listing removedReduced £50k (−7.7%) on 20 MayListed 677 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £600,000 - £650,000 Situated in the heart of historic Lincoln, this charming three-storey Victorian townhouse with a basement lies just below the Castle walls, offering a prime location near the iconic Cathedral.
Positioned at the top of the Lincolnshire Edge, the property boasts commanding views over the lower cityscape, extending west toward the Trent Valley and east to the Bomber Command Memorial.
Accommodation This attractive brick-built home with stone lintels and cills is currently configured with three double bedrooms, two offices, and two sitting rooms.
However, the flexible layout offers the potential for up to six bedrooms if desired.
• Bedrooms: Two of the bedrooms benefit from en-suite shower rooms, while a large family bathroom serves the rest of the house.
• Living Spaces: There are two sitting rooms providing ample space for relaxation. • Kitchen/Dining: A generous kitchen and dining room create a welcoming hub of the home.
• Heating: The house is fitted with gas central heating, with the boiler located in the loft space, and there is an open, smokeless-fuel fire in the ground floor sitting room.
Outdoor Space • A private and inviting rear garden provides a peaceful retreat, while a yard at the front of the property adds further outdoor space.
• Parking: While there is a single yellow line outside the property gate, residents’ parking permits are available for nearby streets via an annual charge through the City Council.
Historic Background Lincoln is steeped in history, dating back to Roman times when the city served as a key settlement along the Fosse Way and Ermine Street.
The Romans established a military Colonia on the Lincolnshire Edge, which later became a significant Norman stronghold with the construction of the Cathedral and Castle following the Conquest.
Although Lincoln’s strategic importance diminished after the Great North Road (A1) and River Trent crossings at Newark were established, its historical and cultural significance remains unparalleled.
Local Amenities The property is ideally located for access to Lincoln’s vibrant amenities: • High Street: Just a 5-minute downhill walk, with a variety of pubs, restaurants, and shops nearby.
• Transport Links: The train station, with regular services to London, is a 20-minute walk. The nearest airports include Humberside, Robin Hood, and East Midlands.
• Education: Both the University of Lincoln (to the south) and Bishop Grosseteste University (to the north) are within a 20-minute walk.
Additionally, there are reputable primary and secondary schools nearby.
• Entertainment: The Theatre Royal, Everyman, and Odeon cinemas, along with The Drill performance venue and cultural spaces at the university campuses, offer excellent options for leisure.
• Places of Worship: The city hosts churches of various denominations, a Mosque, and a Synagogue.
This well-positioned home offers the perfect balance of historical charm, modern living, and convenient access to Lincoln’s rich cultural, educational, and recreational facilities.
Entrance Porch Entrance Hall Cellar One 15'9" x 6'1" (4.8m x 1.85m) Cellar Two 15'3" x 14'1" (4.65m x 4.29m) Drawing Room 15'7" x 14'1" (4.75m x 4.29m) Open Plan Kitchen and Dining Room Kitchen Area 12'8" x 8'6" (3.86m x 2.59m) Dining Area 15'7" x 11'4" (4.75m x 3.45m) First Floor Landing Bedroom One 15'9" x 14'3" (4.8m x 4.34m) Study 11'0" x 4'7" (3.35m x 1.4m) Bedroom Two 13'7" x 12'6" (4.14m x 3.81m) Ensuite Shower Room Family Bathroom 12'2" x 8'10" (3.71m x 2.69m) Second Floor Landing Bedroom Three 15'9" x 14'5" (4.8m x 4.39m) Bedroom Four 12'6" x 12'0" (3.81m x 3.66m) Bedroom Five 12'2" x 9'0" (3.71m x 2.74m) 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.
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 asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 Spring Hill, Lincoln
Explore nearby