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See how verdicts work3-bedroom terraced house · LN1 1SL
Sold STCListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented Three Bedroom Bay-Fronted Terraced Home, ideally positioned within the highly regarded West End of Lincoln and conveniently located for Lincoln City Centre.
Offering well proportioned accommodation throughout, the property briefly comprises an entrance hall, attractive bay-fronted lounge, separate dining room, fitted kitchen, rear lobby and ground floor bathroom.
To the first floor, the landing provides access to three well appointed bedrooms.
Outside, the property benefits from a small courtyard garden to the front, together with an enclosed and low maintenance rear garden.
Early viewing is highly recommended to fully appreciate the excellent living space, convenient location and charming character this appealing home has to offer. NO ONWARD CHAIN.
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.
ENTRANCE HALL With staircase to the first floor. LOUNGE 13' 3" x 11' 8" (4.06m x 3.58m) With double glazed bay window to the front aspect and radiator.
DINING ROOM 11' 8" x 11' 3" (3.58m x 3.45m) With double glazed French doors to the rear garden, under stairs storage cupboard and radiator.
KITCHEN 10' 4" x 6' 2" (3.16m x 1.9m) Fitted with a range of wall and base units with work surfaces over, 1½ bowl sink with side drainer and mixer tap over, electric oven and hob, integrated dishwasher, space fridge freezer, laminate flooring, tiled splashbacks and double glazed window to the side aspect.
LOBBY With space for washing machine and door to the garden.
BATHROOM 8' 4" x 6' 3" (2.55m x 1.91m) Fitted with a three piece suite comprising of p-shaped panelled bath with shower over and glass shower screen, wash hand basin in a vanity style unit and close coupled WC, tiled splashbacks, laminate flooring, radiator and double glazed window to the side aspect.
FIRST FLOOR LANDING BEDROOM 1 11' 6" x 11' 3" (3.53m x 3.45m) With double glazed window to the rear aspect, over stairs storage cupboard and radiator.
BEDROOM 2 11' 1" x 7' 10" (3.40m x 2.41m) With double glazed window to the front aspect and radiator.
BEDROOM 3 8' 3" x 7' 1" (2.54m x 2.16m) With double glazed window to the front aspect and radiator. OUTSIDE To the front there is a small courtyard garden behind low level wall.
To the rear there is an enclosed garden laid mainly to lawn with gravelled area, a patio seating area and garden shed.
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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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 Derwent Street, Lincoln
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