3-bedroom terraced house · LN5 7QE
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the heart of central Lincoln, this three-bedroom mid-terrace property on Foster Street presents a fantastic opportunity for first-time buyers, investors, or those looking for a project.
The property is vacant and offered with no onward chain, making it an appealing prospect for buyers wanting a swift and hassle-free purchase.
Internally, the ground floor offers a spacious bay-fronted lounge with plenty of natural light, a well-proportioned dining room, and a long galley-style kitchen with dual aspect windows overlooking the rear yard.
Upstairs, the first floor provides three bedrooms—two of which are excellent doubles—and a family bathroom.
While the property would benefit from redecoration and modernisation, it offers superb potential to redesign to suit your taste and style.
Externally, there is a low-maintenance rear yard, perfect for seating or a small outdoor space, and on-street parking is available directly to the front.
Situated close to the city centre, the house offers convenience for shops, supermarkets, transport links, the University of Lincoln and Lincoln County Hospital—an ideal location for both professionals and students.
With its scope to improve and strong location, this property represents excellent value and a brilliant opportunity to create a home or rental investment to suit your needs.
EPC Rating: D Lounge 3.39m x 3.73m Bay-fronted reception room with good natural light, fireplace feature and space for seating and media unit.
Dining Room 4.41m x 3.87m Second reception room with access to the kitchen, ideal for dining.
Kitchen 4.67m x 2.02m Long galley-style kitchen with window to the side and rear; potential for redesign or modernisation.
Bedroom One 3.43m x 3.76m Large double bedroom positioned to the front of the property. Bedroom Two 2.47m x 2.44m Comfortable double room overlooking the rear.
Bedroom Three 2.29m x 2.29m Single bedroom or ideal home office/nursery.
Family Bathroom 1.43m x 1.81m Fitted with three-piece suite, located at the rear of the first floor. Garden Low-maintenance space with potential seating area or storage.
On-street parking available to the front.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Foster Street, Lincoln, LN5
Explore nearby