2-bedroom terraced house · LN1 3EZ
Sold STCListed 288 days
Opportunity summary
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About
An incredible 1800s cottage located in the Uphill Quarter of the historic city of Lincoln.
Having undergone a full programme of renovations, the home includes a modern and cosy open plan living arrangement with a feature Chris Sharpe Kitchen and modern shower room by Elixir Bathrooms of Lincoln.
Rising to the first floor are 2 bedrooms with period features and a stunning south-facing rear garden, which makes for an idyllic entertainment space in the heart of one of Lincoln's most popular destinations.
Within walking distance of the Cathedral Quarter, the property is nearby to famous districts such as Lincoln Castle, Cathedral, and the Bailgate area.
Further amenities nearby include Lincoln County Hospital, University of Lincoln, and the main High Street shopping district. For further details and viewing requests, contact Starkey&Brown today!
Council tax band: A. Freehold.
Open Plan Living 17' 3'' x 11' 10'' (5.25m x 3.60m) Consisting of wood-effect flooring with a feature exposed stone wall, a solid wood entrance door with a uPVC double-glazed window to the front aspect, a TV cabinet storage with utility meters, broadband set up, and a consumer unit.
Furthermore, the room comes with period features and leads into the kitchen area, which includes a fully bespoke Chris Sharpe Kitchen with a range of integrated appliances such as dishwasher, washing machine, oven, and fridge freezer.
There are additional interior finishes to the kitchen, such as a Belfast sink, a classic hot and cold mixer faucet, vintage tile surround, wooden worktops, slide and hide drawers, and a breakfast bar.
Completing the ground floor are stairs leading to the first floor, an external door to the garden, and access to the ground floor shower room. Shower Room Elixir Bathrooms of Lincoln.
A custom-designed vanity basin, low-level WC, large shower cubicle with metro tile surround, heated towel rail, obscured uPVC window, and extractor unit.
Bedroom 1 11' 10'' x 11' 2'' (3.60m x 3.40m) Having an original exposed stone wall, a uPVC double-glazed window to the front aspect, a classic radiator, and loft access which has new insulation and partial boarding.
Bedroom 2 9' 1'' x 9' 1'' (2.77m x 2.77m) Includes a uPVC dormer window to the rear aspect and a classical radiator.
Rear Garden Having a south-facing landscaped arrangement to include a patio dining area, a lawned garden with planted borders, a seating area with a pergola and a garden shed with power and lighting.
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 Rasen Lane, Uphill, Lincoln
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