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See how verdicts work3-bedroom house · LN1 1SA
No longer listedReduced £7.5k (−5.6%) on 21 JunListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain is this three-bedroom mid-terraced property, situated within the sought-after West End area of Lincoln.
Requiring a full scheme of renovation, this property presents an excellent opportunity for investors, developers or buyers looking to create a home to their own specification.
The ground floor accommodation comprises a bay-fronted lounge, a separate dining room and a fitted kitchen, with access through to the ground floor bathroom.
The layout offers scope for reconfiguration, subject to the necessary consents, to create more modern open-plan living if desired.
To the first floor are three well-proportioned bedrooms, all offering good space and natural light.
Externally, the property benefits from an enclosed rear garden, while to the front there is on-street parking available.
Located within close proximity to Lincoln city centre, local amenities and transport links, this property is ideally positioned for both resale and rental purposes once improved. EPC rating: G.
Lounge (3.66m x 3.3m (12'0" x 10'10")) Bay-fronted reception room with feature fireplace. A bright space with good proportions, requiring refurbishment.
Dining Room (3.28m x 3.59m (10'9" x 11'9")) Second reception room with built-in storage and access through to the kitchen. Ideal for formal dining or potential open-plan living.
Kitchen (2.04m x 3.63m (6'8" x 11'11")) Fitted with a range of wall and base units. In need of updating, with access through to the rear and bathroom.
Bathroom (1.98m x 2.02m (6'6" x 6'8")) Ground floor bathroom fitted with a three-piece suite, requiring modernisation. Bedroom One (3.66m x 3.64m (12'0" x 11'11")) Spacious double bedroom.
Bedroom Two (2.65m x 2.4m (8'8" x 7'10")) Good-sized second bedroom. Bedroom Three (2m x 3.04m (6'7" x 10'0")) Single bedroom, ideal as a home office or nursery.
Garden To the rear is an enclosed garden, offering potential for landscaping. To the front, on-street parking is available.
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 4, Norfolk Street, Lincoln
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