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 work4-bedroom terraced house · LN5 8HE
Sold STCReduced £40k (−25%) on 26 OctListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £160,000 - £180,000 Set on the ever popular Canwick Road, this substantial four bedroom bay fronted terrace offers an impressive amount of accommodation arranged over three floors.
Requiring a little TLC and updating in places, it represents a fantastic opportunity for a first time buyer looking to put their own stamp on a home or an investor searching for a spacious buy to let close to Lincoln city centre.
The accommodation begins with an entrance hall leading into a generous bay fronted lounge, with a separate dining room providing plenty of space for everyday living.
To the rear is the kitchen along with a ground floor bathroom.
The first floor provides three bedrooms together with a further bathroom, while stairs continue to the second floor where you will find an additional bedroom, creating a surprisingly spacious and versatile home.
Outside, there is a low maintenance enclosed rear garden and yard, offering useful outside space without requiring lots of upkeep.
Canwick Road is ideally positioned for easy access into Lincoln city centre, with a fantastic range of shops, restaurants, leisure facilities and transport links all within easy reach.
Its convenient position and generous accommodation make this a particularly appealing prospect for both owner occupiers and the rental market.
Vacant and offered for sale with no onward chain, this is a great opportunity to take a large character property and make it your own.
Hallway 1 3'4" x 11'2" (1.02m x 3.4m) Hallway 2 12'10" x 5'6" (3.91m x 1.68m) Hallway 3 6'2" x 3'0" (1.88m x 0.91m) Lounge 11'7" x 11'10" (3.53m x 3.61m) Dining Room 12'1" x 11'11" (3.68m x 3.63m) Kitchen 7'11" x 13'4" (2.41m x 4.06m) Bathroom 1 5'9" x 7'11" (1.75m x 2.41m) Bathroom 2 6'6" x 11'10" (1.98m x 3.61m) First Floor Landing 10'7" x 5'6" (3.23m x 1.68m) Bedroom One 11'8" x 12'0" (3.56m x 3.66m) Bedroom Two 10'4" x 12'2" (3.15m x 3.71m) Bedroom Three 8'1" x 12'0" (2.46m x 3.66m) Second Floor Landing Bedroom Four 16'3" x 21'10" (4.95m x 6.65m) Store Room 3'3" x 7'11" (0.99m x 2.41m) 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 Canwick Road, Lincoln
Explore nearby
