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See how verdicts work2-bedroom terraced house · LN5 8NQ
Sold STCListed 194 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two bedroom mid terraced property, offered for sale with no onward chain and ideally suited to first time buyers or investors alike.
The property offers spacious and practical accommodation throughout with two reception rooms, two double bedrooms and a low maintenance rear garden, all within easy reach of Lincoln City Centre and local amenities.
The accommodation comprises of a lounge, dining room, kitchen, rear lobby and bathroom. To the first floor there are two double bedrooms.
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.
LOUNGE 12' x 11' 6" (3.66m x 3.51m) With UPVC double glazed window, laminate flooring and radiator. HALL Providing access to both reception rooms with stairs rising to the first floor.
DINING ROOM 11' 11" x 11' 6" (3.63m x 3.51m) A spacious second reception room, currently utilised as a dining area with UPVC double glazed window to the rear aspect, radiator and understairs storage cupboard fitted with worktop and base unit.
KITCHEN 8' 7" x 5' 5" (2.62m x 1.65m) Fitted with a range of wall and base units, stainless steel sink with drainer and mixer tap, space for cooker, fridge freezer and washing machine, tiled flooring and splashbacks, radiator and UPVC double glazed window to the side aspect, leading through to the rear lobby.
REAR LOBBY With tiled flooring, wall mounted boiler and access to the rear garden.
BATHROOM Fitted with a three piece suite comprising bath with electric shower over, WC and wash hand basin, tiled splashbacks and frosted UPVC double glazed window.
FIRST FLOOR LANDING Providing access to both double bedrooms. BEDROOM 1 12' x 11' 6" (3.66m x 3.51m) With UPVC double glazed window, radiator, decorative fireplace and overstairs storage cupboard.
BEDROOM 2 12' x 11' 6" (3.66m x 3.51m) With UPVC double glazed window to the rear aspect and radiator.
OUTSIDE To the rear there is an enclosed garden with a lawned area and garden shed, offering a manageable outdoor space.
To the front, the property is set behind a low level brick wall with a small frontage.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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 Newark Road, Lincoln
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