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See how verdicts work2-bedroom house · LN2 5NL
Listing removedReduced £5k (−3.3%) on 18 JulListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Starkey & Brown is delighted to offer for sale this charming, bay-fronted period property, built in the early 20th century and positioned in a highly convenient city location.
Spanning two floors, this ideal first-time buy or investment home boasts well-appointed accommodation throughout.
The ground floor opens into an entrance hall, immediately leading to two distinct reception rooms: A bright, bay-fronted lounge and a separate dining room measuring an impressive 11'7" x 12'1".
The dining room provides quick and convenient access to a stylish kitchen, finished with a range of shaker-style base and eye-level units, integrated appliances, and a dual-aspect view over the courtyard.
Rising to the first floor, you will find two excellent double bedrooms. Bedroom two offers practical ladder access to a boarded loft space, perfect for extra storage.
The first floor is completed by a comprehensive, four-piece family bathroom suite, which also houses a fully and regularly serviced gas central heating boiler.
Externally, the property enjoys a low-maintenance, walled rear courtyard garden which is perfect for outdoor entertaining.
A standout feature is the brick-built outbuilding, offering fantastic conversion potential for anyone looking to create a dedicated home office, gym, or workshop.
Situated within the popular Monk's Abbey area of Lincoln City Centre, just east of the High Street, the property is perfectly placed for easy access to Lincoln County Hospital and the picturesque Lincoln Arboretum.
The local amenities are excellent, with regular bus services, pharmacies, a post office, local convenience stores, a well-regarded primary school, and a highly sought-after nursery all within easy reach.
Viewing is highly recommended to appreciate the space and potential on offer. For further details or to arrange a viewing request, please contact Starkey & Brown. Council tax band: A. Freehold.
Entrance Hall Accessed via a shared side passageway (shared between numbers 19 and 21), which also provides direct access to the rear garden.
The entrance hall features stairs rising to the first-floor landing and provides immediate access to both the lounge and dining room.
Lounge (12' 1'' x 11' 7'' (3.68m x 3.53m)) Featuring a uPVC double-glazed bay window to the front aspect, allowing for plenty of natural light. Includes alcove shelving and two radiators.
Dining Room (11' 7'' x 12' 1'' (3.53m x 3.68m)) With a uPVC double-glazed window to the rear aspect, a single radiator, and built-in alcove storage.
Offers access to a useful under-stairs storage cupboard housing the electric meter and fuse box.
Doorway leads through to: Kitchen (10' 11'' x 6' 11'' (3.32m x 2.11m)) Fitted with a range of base and eye-level units with complementary counter worktops.
Features an integrated hob with an extractor hood over, a fitted double oven, a sink and drainer unit, and space and plumbing for a washing machine.
Enjoying a bright dual-aspect with uPVC double-glazed windows to both the side and rear, and a uPVC external door to the side aspect leading out to the garden.
First Floor Landing Giving access to both double bedrooms and the family bathroom.
Bedroom 1 (11' 7'' x 11' 8'' (3.53m x 3.55m)) A spacious double bedroom with a uPVC double-glazed window to the rear aspect, a single radiator, and ample space for wardrobes.
Bedroom 2 (10' 6'' x 11' 9'' (3.20m x 3.58m)) With a uPVC double-glazed windows to the front aspect, a single radiator, and a built-in wardrobe.
This room also features access to the loft space via a pull-down ladder. The loft is boarded and insulated.
Family Bathroom (10' 11'' x 6' 11'' (3.32m x 2.11m)) A generous four-piece suite comprising a panelled bath, separate shower cubicle, low-level WC, and a pedestal wash hand basin.
Includes a single radiator, an obscured window to the rear aspect, and houses the gas central heating boiler (approximately 10 years old, benefit of a full annual service history, and in full working order).
Front A low-maintenance front yard with a dwarf wall perimeter, presenting a classic bay-fronted facade and access to the shared side passageway.
Rear Garden & Outbuilding An enclosed, low-maintenance rear courtyard traditional of this era, featuring walled perimeters and a paved layout ideal for socializing and entertaining.
The garden benefits from a brick-built outbuilding, offering excellent potential for further development into a home office, home gym, or workshop.
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.
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FAQ
About 21, Frederick Street, Lincoln
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