2-bedroom terraced house · LN2 5NL
Listing removedListed 61 days
Opportunity summary
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About
A charming bay-fronted period terrace with two double bedrooms, a highly convenient city location and no onward chain.
Ideally suited to first-time buyers and investors alike, this attractive property on Frederick Street offers well-proportioned accommodation arranged over two floors, together with a useful rear courtyard and powered outbuilding.
The ground floor provides a welcoming living room, separate dining room and kitchen, whilst to the first floor are two generous double bedrooms and a family bathroom fitted with both a bath and separate shower.
Externally, the property benefits from a private and low-maintenance rear courtyard, with a useful outbuilding providing additional storage and benefiting from power.
There is also on-street parking to the front.
The property occupies a highly convenient position within Lincoln, providing easy access to the city centre and a range of local amenities, whilst Lincoln Arboretum is also within easy reach.
Offered for sale with no onward chain, this attractive period property represents an excellent opportunity for a first-time buyer looking to take their first step onto the property ladder or an investor seeking a well-located addition to their portfolio.
EPC rating: C.
Living Room (3.54m x 3.18m (11'7" x 10'5")) A welcoming reception room situated to the front of the property, benefiting from the character associated with the property's period bay frontage.
Dining Room (3.68m x 3.55m (12'1" x 11'8")) A separate dining room providing a versatile additional reception space, ideal for formal dining and entertaining.
Kitchen (2.13m x 3.33m (7'0" x 10'11")) A practical kitchen situated to the rear of the ground floor, providing access towards the rear courtyard.
Bedroom One (3.6m x 3.19m (11'10" x 10'6")) A well-proportioned double bedroom positioned to the front of the property, offering a comfortable principal bedroom.
Bedroom Two (3.55m x 3.6m (11'8" x 11'10")) A further good-sized double bedroom to the rear, providing versatile accommodation for a second bedroom, guest room or home office.
Family Bathroom (2.14m x 3.34m (7'0" x 10'11")) A four-piece family bathroom comprising a bath, separate shower, WC and wash hand basin.
Outside To the rear is a low-maintenance courtyard garden providing a private outdoor space.
The courtyard also benefits from a useful outbuilding with power, offering excellent additional storage and potential for a variety of uses. To the front of the property is on-street parking.
Agent Notes These particulars are for guidance only.
Lovelle Estate Agency, their clients and any joint agents give notice that:- They have no authority to give or make representation/warranties regarding the property, or comment on the services, tenure and right of way of any property.
These particulars do not form part of any contract and must not be relied upon as statements or representation of fact. All measurements/areas are approximate.
The particulars including photographs and plans are for guidance only and are not necessarily comprehensive.
Value & comps
No previous sales on record.
Returns
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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 21, Frederick Street, Lincoln
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