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See how verdicts work4-bedroom house · LN1 3QE
Listing removedReduced £5k (−2%) on 21 JunListed 504 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern three-storey, four bedroomed, mid-townhouse located in a quiet cul-de-sac within the northern area of Lincoln.
The property benefits from convenient access to the City Centre, the historic Bailgate Area, and excellent transport links to the A46 bypass.
Well presented and maintained by the current owner, the property offers flexible living accommodation. The garage has been converted to provide an additional Reception Room.
Accommodation comprises: Entrance Hallway, Downstairs WC, Family Room, Bedroom Four with double doors leading to the rear garden and a Utility Room.
Stairs from the Hallway lead to the First-Floor Landing giving access to the Lounge with Juliet Balcony and a Kitchen Diner, also with Juliet Balcony.
Further stairs lead to the Second-Floor Landing with access to three further Bedrooms and a Bathroom. Bedroom One benefits from built-in wardrobes and an En-suite Shower Room.
Outside there is a driveway to the front A modern three-storey, four bedroomed, mid-townhouse located in a quiet cul-de-sac within the northern area of Lincoln.
The property benefits from convenient access to the City Centre, the historic Bailgate Area, and excellent transport links to the A46 bypass.
Well presented and maintained by the current owner, the property offers flexible living accommodation. The garage has been converted to provide an additional Reception Room.
Accommodation comprises: Entrance Hallway, Downstairs WC, Family Room, Bedroom Four with double doors leading to the rear garden and a Utility Room.
Stairs from the Hallway lead to the First-Floor Landing giving access to the Lounge with Juliet Balcony and a Kitchen Diner, also with Juliet Balcony.
Further stairs lead to the Second-Floor Landing with access to three further Bedrooms and a Bathroom. Bedroom One benefits from built-in wardrobes and an En-suite Shower Room.
Outside there is a driveway to the front providing off-road parking and an attractive garden to the rear.
The historic Cathedral and University City of Lincoln has the usual High Street shops and department stores, plus banking and allied facilities, multiplex cinema, Marina and Art Gallery.
The famous Steep Hill leads to the Uphill area of Lincoln and the Bailgate, with its quaint boutiques and bistros, the Castle, Cathedral and renowned Bishop Grosseteste University.
Entrance hall With external door, lvt flooring, stairs to first floor, understairs storage cupboard and radiator.
WC 5' 8" x 3' 1" (1.73m x 0.94m) With lvt flooring, low-level WC, wash hand basin with cupboard below, radiator and extractor fan.
Utility room 6' 10" x 5' 9" (2.08m x 1.75m) With external door, lvt flooring, base unit with work surface over, stainless steel sink drainer, plumbing and space for washing machine, space for tumble dryer or freezer, extractor fan and wall-mounted gas-fired central heating boiler.
Family room 15' 7" x 8' 4" (4.75m x 2.54m) With UPVC double glazed window, spotlighting and radiator.
Bedroom 4 10' 2" x 8' 4" (3.1m x 2.54m) With UPVC double glazed double doors, lvt flooring and radiator. First floor landing With UPVC double glazed window, stairs to second floor and radiator.
Kitchen/diner 15' 7" x 8' 4" (4.75m x 2.54m) With UPVC double glazed double doors to the Juliet Balcony, tiled flooring, range of wall and base units with work surfaces and tiled splashbacks, stainless steel sink drainer, integrated oven, four-ring gas hob with extractor over, space for fridge freezer and radiator.
Lounge 15' 6" x 10' 2" (4.72m x 3.1m) With UPVC double glazed window, double doors to the Juliet Balcony and radiator. Second floor landing With storage cupboard.
Bedroom 1 13' 0" x 8' 4" (3.96m x 2.54m) With UPVC double glazed window, built-in wardrobe and radiator.
En-suite With low-level WC, wash hand basin, shower cubicle with tiled surround, spotlighting, extractor fan and radiator.
Bedroom 2 9' 1" x 8' 4" (2.77m x 2.54m) With UPVC double glazed window and radiator. Bedroom 3 10' 2" x 6' 11" (3.1m x 2.11m) With UPVC double glazed window and radiator.
Bathroom 6' 11" x 5' 0" (2.11m x 1.52m) With UPVC double glazed window, low-level WC, wash hand basin, bath with tiled surround, radiator, spotlighting and extractor fan.
Outside To the front there is a driveway providing side-by-side off-road parking. To the rear there is a patio seating area, lawned garden and a variety of plants, shrubs and trees.
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 8, Spire Close, Lincoln
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