3-bedroom terraced house · LN1 3JN
For saleListed 70 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A traditional and spacious three bedroom terraced home, ideally situated within the highly regarded Uphill area of Lincoln.
The property was previously used as a C4 House in Multiple Occupation (HMO), and offers well-presented accommodation with a wealth of character.
The property briefly comprises a welcoming Entrance Hall, bay-fronted Lounge, separate Dining Room, stylish fitted Kitchen and Bathroom.
The First Floor Landing leads to three well-proportioned Bedrooms. Outside, the property benefits from an enclosed rear garden and on-street parking.
An appealing character home in a sought-after location, ideally placed for access to the City Centre and a wide range of local amenities.
Viewing is highly recommended to fully appreciate the space, character and excellent position this fine property has to offer. 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.
ENTRANCE HALL With staircase to the first floor and laminate flooring.
LOUNGE 12' 2" x 10' 2" (3.72m x 3.10m) With double glazed window to the front aspect feature fireplace, laminate flooring and radiator.
DINING ROOM 12' 5" x 10' 10" (3.79m x 3.31m) With double glazed window to the rear aspect, storage cupboards, under stairs cupboard, laminate flooring and radiator.
KITCHEN 11' 6" x 7' 1" (3.51m x 2.17m) With a range of wall and base units with work surfaces over, stainless steel 1 1/2 bowl sink with side drainer and mixer tap over, electric oven and hob with extra extractor fan, spaces for fridge freezer and washing machine, tiled splashbacks, laminate flooring, double glazed window to the side aspect and door to the garden.
BATHROOM Fitted with a three piece suite comprising of panelled bath with shower over and glass shower screen, wash hand basin in a vanity style unit with storage beneath and close coupled WC, tiled splashbacks, laminate flooring, radiator and double glazed window to the side aspect.
FIRST FLOOR LANDING BEDROOM 1 12' 2" x 7' 0" (3.72m x 2.14m) With double glazed window to the front aspect, decorative fireplace and radiator.
BEDROOM 2 10' 11" x 8' 8" (3.35m x 2.65m) With double glazed window to the rear aspect and radiator. BEDROOM 3 12' 4" x 6' 6" (3.76m x 1.99m) With double glazed window to the rear aspect and radiator.
OUTSIDE To the rear of the property there is an enclosed gravelled garden with a patio seating area. The property also benefits from on street parking.
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 Kingsley Street, Lincoln
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