4-bedroom terraced house · LN2 5NB
For saleListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
INFORMATION Construction - Solid brick Council tax band - B EPC rating - D57 Heating - Gas central heating Utilities - Mains gas, electric, water and drainage Mobile - mobile coverage available Broadband - For more information on broadband and mobile coverage go to: checker.ofcom.org.uk Parking - On street DESCRIPTION A charming and spacious four bedroom Victorian home situated on Tempest Street, being within walking distance, for most, from Lincoln City centre with its wide range of shopping and social facilities.
Due to its spacious size and layout, the property currently offers four bedrooms to its first floor and two separate reception rooms to the ground floor giving versatility for its future purpose whether it be for those looking for a city centre home or investors.
Enjoying a range of original features to include an attractive bay frontage, ceiling cornice, ceiling rose, picture rail to name a few whilst having the modern benefit of a first floor bathroom and a separate ground floor shower room.
The versatile range of accommodation includes; ENTRANCE PORCH ENTRANCE HALL LOUNGE 12' 8" x 12' 4" (3.87m x 3.78m) DINING ROOM 10' 5" x 13' 8" (3.20m x 4.17m max) KITCHEN 10' 6" x 14' 1" (3.21m x 4.31m) UTILITY 10' 6" x 6' 6" (3.22m x 2.00m max) SHOWER ROOM FIRST FLOOR LANDING BEDROOM 1 12' 5" x 12' 0" (3.80m x 3.66m) BEDROOM 2 13' 7" x 12' 3" (4.16m x 3.74m max) BEDROOM 3 10' 6" x 5' 11" (3.22m x 1.81m) BEDROOM 4 12' 7" x 6' 0" (3.84m x 1.83m) BATHROOM VIEWINGS Strictly by prior appointment through the Agents office on TENURE We understand that the property is freehold.
Vacant possession will be given upon completion. SERVICES Mains electricity, water, drainage and gas are connected to the property.
Central heating is provided to a radiator system from a gas fired boiler. The property is double glazed throughout. None of the service installations within the property have been tested.
ANTI MONEY LAUNDERING King & Co are required to formally identify all parties to a transaction and will therefore, when negotiating a Sale, require to see proof of identification, e.g.
Passport or Driving License / Utilities Bill, to conform with the Money Laundering Regulations 2003 and the Proceeds of Crime Act 2002.
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
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FAQ
About Tempest Street, Lincoln
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