Modern Method of Auction
Auction date not yet published
3-bedroom semi-detached house · LN1 1SJ
For saleListed 211 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern Method Of Auction - T & C's Apply - Pygott and Crone are pleased to offer for sale this bay fronted semi detached house located in a private cul-de-sac position within the ever popular west end area of Lincoln.
The property is to be sold with No Onward Chain and has accommodation which briefly comprises entrance porch & hallway, dining room with bay window to front aspect, spacious lounge, Fitted Kitchen and Conservatory.
There are three spacious bedrooms on the first floor, and Family Bathroom, with the potential of a balcony off the third bedroom (STPP).
Outside the property has a generous sized driveway & garage to the front, with a private & enclosed garden to the rear. The property would make an ideal family home or may suit an investor.
Located just off Carholme Road, this property offers convenient access to a wide range of local amenities, shops, and excellent public transport connections.
The area is known for its welcoming community feel and has everything you need close at hand.
Whether you're a first-time buyer or an investor searching for a great opportunity, 30 Severn Street ticks all the boxes.
Don't miss your chance—schedule a viewing today and see the potential for yourself! Agent's Note: The property is heated by Electric Storage Heaters.
BUYING CONDITIONS This property is for sale by Traditional Auction. Exchange takes place immediately with completion within 28 days.
The buyer pays a 10% (of the purchase price) Non-Refundable Deposit on exchange. Interested parties' personal data will be shared with the Auctioneer (iamsold Ltd).
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £349 inc VAT for this pack.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.
These services are optional.
Entrance Porch Entrance Hall Dining Room 3.95m x 3.3m - 12'12" x 10'10" Lounge 6.05m x 3.3m - 19'10" x 10'10" Kitchen 5.18m x 1.85m - 16'12" x 6'1" Conservatory 4.37m x 2.74m - 14'4" x 8'12" First Floor Landing Bedroom 1 3.86m x 3.3m - 12'8" x 10'10" Bedroom 2 3.66m x 2.46m - 12'0" x 8'1" Bedroom 3 2.59m x 2.57m - 8'6" x 8'5" Bathroom 2.06m x 1.85m - 6'9" x 6'1" Outside Garage 5.03m x 2.84m - 16'6" x 9'4"
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 Severn Street, Lincoln, Lincolnshire, LN1
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