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See how verdicts work4-bedroom terraced house · LN1 1RT
For saleListed 276 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the heart of Lincoln on Carholme Road, this spacious three-storey home offers a fantastic opportunity for buyers seeking a character property with plenty of potential.
While the home would benefit from decorative work and further improvement, it boasts generous room sizes, beautiful high ceilings, and period features that make it a truly exciting project.
On arrival, the property features a small courtyard to the front before you step through the front door into the entrance hallway, which provides access to all ground floor rooms.
To the front, the bay-fronted lounge is a bright and impressive space, showcasing the home’s high ceilings and traditional proportions.
Moving through, you’ll find a spacious dining room, again with excellent ceiling height—ideal for entertaining or family meals.
The ground floor also benefits from a downstairs WC and a very generous kitchen, offering plenty of scope to redesign and create a superb family hub.
To the first floor, there are two double bedrooms, including a good-sized principal bedroom, along with the main family bathroom fitted with a three-piece suite comprising a bath with shower over, toilet, and basin.
The second floor provides two further bedrooms and an additional shower room with shower, toilet, and basin—ideal for larger families, guests, or those needing home working space.
Externally, the property offers a rear yard with a spacious outhouse, perfect for storage or workshop use.
A real bonus is the double garage, accessed via Wellington Street, providing secure parking in this central location.
With its character, space, and superb location close to Lincoln’s amenities, this is a brilliant opportunity to create a stunning home.
Contact Walters today to arrange your viewing and explore the potential on offer.
Thank you for reading, Kindest Regards Ben from Walters EPC Rating: D Disclaimer Our Disclaimers: Please Note: At the time of writing, all information provided in this listing is believed to be accurate and correct.
While we strive to maintain the highest standards of accuracy, details may be subject to change.
Important Information Regarding Identity Verification: In compliance with legal obligations, all prospective property buyers will be required to undergo thorough identity verification checks.
This process must be completed to proceed with any purchase.
Value & comps
No previous sales on record.
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 asking
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Carholme Road, Lincoln, LN1
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