3-bedroom terraced house · LN2 5AP
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-maintained three bedroom end-terrace property is situated in a convenient Lincoln location and offers versatile accommodation across two floors.
The ground floor comprises a bright and spacious lounge positioned to the front aspect, finished with neutral décor and laminate flooring, creating a welcoming living space.
To the rear is a generous dining room, ideal for entertaining or family use, with access through to the kitchen.
The kitchen is fitted with a range of modern wall and base units with contrasting worktops and tiled splashbacks, providing ample preparation and storage space.
Beyond the kitchen is the ground floor bathroom, fitted with a three-piece suite.
To the first floor are three bedrooms, including two well-proportioned doubles and a single bedroom, offering flexibility for families, guests or home working.
Externally, the property benefits from an enclosed rear yard, providing low-maintenance outdoor space.
The property is currently run as a successful Airbnb business and has achieved approximately £21,000 gross income in 2025, making it an attractive ready-made investment opportunity.
Alternatively, the property would make an excellent first-time purchase due to its condition, layout and no onward chain position. Early viewing is highly recommended. EPC rating: D.
Tenure: Freehold, Lounge A spacious and bright reception room positioned to the front aspect, finished in neutral décor with laminate flooring.
Generous proportions allow for comfortable seating and living arrangements, making it an ideal main living space.
Dining Room 3.22m x 8.7m (10'7" x 28'7") A well-proportioned separate dining space offering versatility for formal dining, entertaining or use as an additional sitting area.
Provides access through to the kitchen. Kitchen 2.11m x 3.74m (6'11" x 12'3") Fitted with a range of modern wall and base units with contrasting work surfaces and tiled splashbacks.
Stainless steel sink with drainer, space for cooker, washing machine and additional appliances. Window to the side aspect and door leading to the rear bathroom.
Bathroom 2.12m x 1.67m (6'11" x 5'6") Ground floor bathroom fitted with a three-piece suite comprising panelled bath with shower over, low level WC and wash hand basin.
Tiled surrounds and window to the rear aspect.
Bedroom One 3.53m x 3.59m (11'7" x 11'9") A well-proportioned double bedroom positioned to the front aspect with ample space for freestanding furniture.
Bedroom Two 2.54m x 3.97m (8'4" x 13'0") A further good size double bedroom overlooking the rear aspect.
Bedroom Three 2.06m x 3.13m (6'9" x 10'3") A single bedroom ideal as a home office, nursery or guest room.
Outside To the rear is an enclosed yard providing low-maintenance outdoor space. Agent Notes These particulars are for guidance only.
Lovelle Estate Agency, their clients and any joint agents give notice that:- They have no authority to give or make representation/warranties regarding the property, or comment on the SERVICES, TENURE and RIGHT OF WAY of any property.
These particulars do not form part of any contract and must not be relied upon as statements or representation of fact. All measurements/areas are approximate.
The particulars including photographs and plans are for guidance only and are not necessarily comprehensive.
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
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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 advisors 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 St Rumbold Street, Lincoln, LN2
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