2-bedroom terraced house · LN6 0NS
Sold STCListed 288 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PERFECT FIRST HOME OR INVESTMENT PROPERTY.
Starkey&Brown is pleased to offer for sale this spacious 2 bedroom town house which has accommodation which briefly comprises spacious entrance hallway, 21'0" lounge diner with door leading to the rear garden, modern 9'5" kitchen, first floor landing, 2 generous double bedrooms, shower room with large walk-in shower and separate WC.
Outside the property has off street parking and a fully enclosed garden to the rear with brick built outbuilding. NO CHAIN! Council tax band: A. Freehold.
Entrance Hallway Having uPVC front entrance door, radiator, stairs rising to first floor and understairs storage cupboard.
Lounge Diner 21' 8'' x 12' 4'' max (6.60m x 3.76m) Having 2 radiators, 2 ceiling fans and uPVC door leading to rear garden.
Kitchen 9' 5'' x 9' 2'' (2.87m x 2.79m) Having a range of matching wall and base units, one and a half bowl single drainer stainless steel sink unit with mixer taps over and tiled splash backs, gas cooker point, plumbing for washing machine, space for tumble dryer, space for full height fridge freezer, tiled effect vinyl flooring, radiator and a wall mounted Ideal combination condensing central heating boiler (installed in 2023 and serviced in 2024).
First Floor Landing Having linen cupboard. Bedroom 1 11' 10'' x 9' 6'' (3.60m x 2.89m) Having large built-in wardrobe, radiator and coved ceiling.
Bedroom 2 12' 7'' x 9' 8'' (3.83m x 2.94m) Having radiator, coved ceiling and ceiling fan.
Shower Room Having spacious 3 piece suite comprising large walk-in shower area with mains fed rainfall shower and additional handheld shower, wash hand basin, low level WC, anti-slip flooring, fully tiled walls and extractor.
Separate WC Having low level WC, laminate wood effect flooring and radiator.
Outside Front To the front of the property is a driveway, artificial turf and paved patio garden area, 2 brick built outbuildings and outside lighting.
Outside Rear To the rear of the property is a fully enclosed low maintenance garden being mainly gravelled with paved patio area, garden shed, outside lighting, brick built outbuilding and gate leading to rear passage.
Value & comps
No previous sales on record.
Returns
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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 Luton Close, Lincoln
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