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    1. Home
    2. Lincoln properties
    3. 2 bed terraced house for sale in Frederick Street, Lincoln LN2
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    21, Frederick Street, Lincoln, LN2 5NL

    2-bedroom terraced house · LN2 5NL

    753 sq ftEPC C1 bath
    Asking
    £135,000

    Listing removed · Listed 61 days

    Chain FreeCharacter
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    About

    The property

    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.

    Chain Free
    Character

    Key information

    Price per Square Foot
    £179/sq ft
    Based on 753 sq ft (70 sq m)
    Floor Area
    753 sq ft (70 sq m)
    Reception Rooms
    2
    Council Tax Band
    Band A
    Estimated ~£1200/year
    EPC Rating
    C
    current
    Tenure
    Freehold
    Property Age
    England and Wales: 1900-1929
    Local Authority
    Lincoln District (B)
    District
    County
    Lincolnshire County
    Sign up free to see flood risk and more→

    Value & comps

    What is it worth?

    No previous sales on record.

    Comparable salesNo comps yet
    No comparable sales matched this property yet.

    Returns

    What does it return?

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    Local SA Market

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    Archie refurb estimate: a Pro feature·

    Feeds your report · not a commitment

    0.0% below asking

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    BTL · HMO · BRRR · SA · Flip — editable, saved scenarios
    Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios
    Investment Disclaimer

    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 advisors before making any investment decisions.

    Past performance does not guarantee future results. Tax implications vary by individual circumstances.

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    Deal

    Is it a deal?

    ✨
    Archie’s verdict
    PursueArchie has scored this property.
    Sign in to see Archie's call — Pursue, Watch or Pass — with the reasons and a suggested offer.
    8/100
    Deal score · weighted
    Weak signals — move on

    Factor breakdown
    BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.
    0/25
    Yield potential—
    0/25
    Motivation signalsNot enough data
    0/25
    Days on market61 days
    8/25
    —
    Seller motivation
    Not scored yet

    Days on market61
    Price reduction—
    STC fall-through—
    Back to market—
    Agency change—
    EPC ratingC
    Listing timeline
    First listedListed at £135,00019-08-2026
    Still activeDay 61 on marketToday
    Strategy fit
    No strategy scores available yet.

    HMO Conversion Potential

    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.

    Tier, yield projection, and cost stack — Pro tier only.

    PD Conversion Potential

    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.

    Tier, route, yield projection, and cost stack - Pro tier only.

    BRRR Candidate

    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.

    Tier, refurb cost, ARV, and refi maths - Pro tier only.

    Plot subdivision potential

    Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

    Lease extension arbitrage

    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.

    Serviced Accommodation

    Pro

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    Rent-to-Rent strategy fit

    Pro

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    Area

    The area

    Living here

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    Location
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    LN2 · Live market data · terraced only
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    Agent & docs

    Move it forward

    Listing agent
    Lovelle Estate Agency logo
    Lovelle Estate Agency
    listed on zoopla
    01673847059
    13 Queen Street, Market Rasen
    View on zoopla

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    Planning & investor docs
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    FAQ

    Questions

    About 21, Frederick Street, Lincoln

    How much is 21, Frederick Street, Lincoln?
    The asking price is £135,000.
    What kind of property is 21, Frederick Street, Lincoln?
    A 2-bedroom terraced house in LN2 5NL.

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