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See how verdicts work2-bedroom house · LN5 7LS
Listing removedReduced £5k (−5%) on 16 JulListed 225 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom mid-terrace property situated in this popular City Centre location on Cross Street.
The property is currently tenanted and offers accommodation comprising of a shared passageway leading into the hallway, lounge, dining room and fitted kitchen.
To the first floor there are two bedrooms and a bathroom. Outside there is on street parking to the front and a yard to the rear. The property is being sold with the added benefit of No Onward Chain.
Description A two bedroom mid-terrace property situated in this popular City Centre location on Cross Street.
The property is currently tenanted and offers accommodation comprising of a shared passageway leading into the hallway, lounge, dining room and fitted kitchen.
To the first floor there are two bedrooms and a bathroom. Outside there is on street parking to the front and a yard to the rear. The property is being sold with the added benefit of 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.
Shared entrance Shared access with doors to the front and rear yard and a door leading into the hallway. Inner hallway With door leading into the lounge and stairs rising to the first floor landing.
Lounge 12' 4" x 11' 5" (3.77m x 3.49m) With UPVC window to the front aspect and radiator.
Dining room 11' 6" x 11' 5" (3.53m x 3.49m) With UPVC window overlooking the rear yard, radiator, space for a dining table, understairs storage cupboard and doorway leading to the kitchen.
Kitchen 10' 3" x 5' 10" (3.14m x 1.79m) With UPVC window and door to the side aspect.
Fitted with a range of base units and drawers with work surfaces over, sink and drainer with mixer tap, integrated electric oven, electric hob with extractor over, and spaces for a washing machine and fridge freezer.
Landing Providing access to two bedrooms and the bathroom. Bedroom 1 12' 1" x 11' 4" (3.69m x 3.47m) With UPVC window to the front aspect, radiator and access to an overstairs storage cupboard.
Bedroom 2 14' 1" x 6' 8" (4.30m x 2.04m) With UPVC window to the rear aspect and radiator.
Bathroom 8' 6" x 7' 8" (2.60m x 2.36m) With UPVC window to the rear and three piece suite comprising of bath with shower over, WC and wash hand basin and radiator.
Outside To the front there is on street parking and an enclosed yard to the rear.
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
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FAQ
About 37, Cross Street, Lincoln
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