2-bedroom house · LN5 8AL
Sold STCReduced £2.5k (−1.8%) on 28 JulListed 149 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An immaculate Two Bedroom Traditional Terraced House in a cul de sac location, ideally situated just off Lincoln’s High Street.
The property has fully refurbished accommodation comprising of Lounge, Hall, Dining Room, refitted Kitchen, Rear Lobby, Shower Room, and First Floor Landing leading to Two Double Bedrooms.
Outside there is a rear yard. The property further benefits from on street parking. Viewing highly recommended. No chain.
An immaculate Two Bedroom Traditional Terraced House in a cul de sac location, ideally situated just off Lincoln's High Street.
The property has fully refurbished accommodation comprising of Lounge, Hall, Dining Room, refitted Kitchen, Rear Lobby, Shower Room, and First Floor Landing leading to Two Double Bedrooms.
Outside there is a rear yard. The property further benefits from on street parking. Viewing highly recommended. No chain.
Location The historic Cathedral and University City of Lincoln has the usual High Street shops and department stores, plus banking and allied facilities, multiplex cinema, Marina and Art Gallery.
The famous Steep Hill leads to the Uphill area of Lincoln and the Bailgate, with its quaint boutiques and bistros, the Castle, Cathedral and renowned Lincoln Bishop University.
Lounge 10' 11" x 10' 10" (3.35m x 3.32m) With double glazed window to the front aspect, electric fire and radiator. Hall With staircase to the first floor.
Dining room 11' 11" x 10' 11" (3.64m x 3.33m) With double glazed window to the rear aspect, under stairs storage cupboard, electric fire and radiator.
Kitchen 6' 11" x 5' 4" (2.11m x 1.65m) Refitted with a stylish range of wall and base units with work surfaces over, stainless steel sink with side drain and mixer tap over, spaces for cooker and fridge, plumbing for washing machine and double glazed window to the side aspect.
Rear lobby With door to the rear garden.
Shower room Fitted with a three piece suite comprising of shower cubicle, wash hand basin in a vanity style unit and close coupled WC, airing cupboard housing the gas fired wall mounted central heating boiler, radiator and double glazed window to the side aspect.
First floor landing bedroom 1 11' 1" x 8' 2" (3.38m x 2.49m) With double glazed window to the front aspect, decorative fireplace, over stairs storage cupboard and radiator.
Bedroom 2 11' 9" x 11' 1" (3.60m x 3.38m) With double glazed window to the rear aspect, decorative fireplace and radiator. Outside To the rear of the property there is an enclosed courtyard garden.
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 6, Frank Street, Lincoln
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