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See how verdicts work2-bedroom terraced house · LN2 4AW
Sold STCListed 285 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Two Bedroom Mid Terraced House situated in the Uphill Area of Lincoln, within close proximity to the Cathedral Quarter.
The accommodation comprises of a Hall, Lounge, Dining Room, Kitchen and a First Floor Landing leading to a Bathroom and two Bedrooms.
Outside there is residents permit parking and an enclosed rear yard with brick outbuildings. The property is being sold with No Chain and viewing is highly recommended.
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.
HALL With staircase to the first floor. LOUNGE 12' 0" x 12' 0" (3.67m x 3.66m) With double glazed window to the front aspect and radiator.
DINING ROOM 12' 1" x 11' 9" (3.69m x 3.59m) With double glazed window to the rear aspect, radiator and under stairs storage cupboard.
KITCHEN 11' 11" x 6' 1" (3.65m x 1.86m) Fitted with a range of wall and base units with work surfaces over, eye level electric oven, five ring gas hob, gas fired wall mounted central heating boiler, stainless steel sink with side drainer and mixer tap, space for washing machine, tiled splashbacks, two double glazed windows to the side aspect and door to the garden.
FIRST FLOOR LANDING BEDROOM 1 12' 2" x 11' 8" (3.71m x 3.58m) With double glazed window to the rear aspect, double wardrobe and radiator.
BEDROOM 2 9' 6" x 8' 0" (2.91m x 2.45m) With double glazed window to the front aspect and radiator.
BATHROOM Fitted with a three piece comprising of panelled bath with shower, pedestal wash handbasin and close coupled WC, airing cupboard, tiled splashbacks radiator and double window to the front aspect.
OUTSIDE The property benefits from residents permit parking. To the rear is an enclosed yard with brick outbuildings.
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
Agent & docs

FAQ
About Greetwell Gate, Lincoln
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