3-bedroom house · LN2 2EY
Sold STCListed 131 days
Opportunity summary
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About
***attention first time buyers or move up the property ladder*** We are delighted to bring this well structured, spacious Three bedroom Mid-Terraced property to the market which is located on the ever popular Ermine estate close to Lincoln City Centre.
The property has been altered and enhanced by the current vendors to boast space for all the family and briefly comprises; Hall, Lounge, Kitchen, Utility/Home Office, Ground Floor Shower Room, Three Bedrooms and a Family Bathroom.
Externally the property benefits from a generous size, fully enclosed Rear Garden as well a a front garden which with the correct permissions could be enhanced to provide off street parking.
EPC grade tbc. Positioned on the immensely popular Ermine estate, uphill location close to the City Centre.
With a wealth of amenities and schooling options on it's doorstep this property has everything you need surrounding it.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
LIN260341/8 Entrance Hall With laminate flooring, double glazed window to the front aspect, radiator, under stairs cupboard and a uPVC entrance door to the side aspect.
Lounge (3.41m x 6.04m) Generously sized and naturally bright double aspect lounge comprising two radiators, television aerial point, laminate flooring, double glazed window to the front aspect and uPVC double glazed French doors to the rear aspect.
Kitchen (3.89m x 3.52m) Well sized fitted kitchen hosting a range of two tone wall and base units with contrasting wood effect work surfaces, sink and drainer unit, free standing gas Belling range cooker with an overhead extractor hood, integral dishwasher, space and plumbing for a washing machine, laminate flooring, ceiling spotlights, tile splashbacks and a double glazed window to the rear aspect.
Utility/Home Office (1.97m x 3.8m) Versatile space accessed via the kitchen and via a uPVC entrance door to the front aspect which comprises carpet flooring, multiple power points and a double glazed window to the front aspect.
Wet Room (2.9m x 1.21m) Modern ground floor wet room which has fully tiled flooring, a low level WC, vanity unit wash hand basin, overhead rainfall shower, vent for an extractor fan, double glazed window to the rear aspect, radiator rail and a uPVC door to the side aspect leading to the garden.
Landing With carpet flooring, storage cupboard and access to; Bedroom 1 (4.44m x 3.03m) Double bedroom with carpet flooring, radiator and a double glazed window to the front aspect.
Bedroom 2 (2.97m x 4.52m) Double bedroom with carpet flooring, radiator and a double glazed window to the rear aspect.
Bedroom 3 (4.28m x 2.91m) Double bedroom with vinyl flooring, loft access, radiator and a double glazed window to the front aspect.
Bathroom (2.82m x 1.69m) Family bathroom suite comprising a panelled bath with an overhead rainfall shower, low level WC, pedestal wash hand basin, radiator rail, tiled flooring, partially tiled walls and two double glazed windows to the rear aspect.
Gardens The rear aspect is beautifully private and is laid to a combination of lawn and patio whilst further offering a timber shed, sunken pond and a variety of plants and shrubs.
To the front aspect there is again a variety of mature plants and shrubs, secure low level gate and a storm porch.
There is on street parking but subject to permissions the front garden could be enhanced to provide off street parking. Tenure Freehold Lincoln City Council Tax Band A
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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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.
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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 8, Rolleston Close, Lincolnshire
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