Spacious three-storey renovation project near Lincoln city centre — ideal for investors.
Victorian mid-terrace with period features and high ceilings
Over 1,100 sq ft across three storeys: flexible four-bedroom layout
Requires full renovation throughout; kitchen and finishes dated
Solid brick walls assumed uninsulated — energy upgrades needed
Private low-maintenance rear courtyard; small plot
Sold at online auction; immediate exchange possible, T&Cs apply
Freehold, Council Tax Band A, low flood risk, excellent broadband
Located near university, city centre — strong student/professional demand
Set across three storeys and extending to around 1,100 sq ft, this Victorian mid-terrace on Nelthorpe Street is a renovation opportunity in central Lincoln. Period features such as high ceilings, a bay window and an original fireplace give the house character and a strong starting point for value-led improvements. Sold via secure online auction with immediate exchange available for buyers prepared to proceed quickly.
The flexible layout includes two reception rooms, a generous kitchen, four bedrooms and two bathrooms. Accommodation is useable but dated — the kitchen and internal finishes require modernisation and the property is sold needing renovation throughout. Solid brick walls are as-built and assumed to lack insulation, so buyers should factor in energy-efficiency upgrades and potential boiler/heating servicing despite mains gas supply and radiators being in place.
Practical positives include a private, low-maintenance rear courtyard, freehold tenure, very low council tax (Band A) and excellent mobile and fast broadband speeds — attractive for rentals aimed at students and professionals. The location is close to the city centre, University of Lincoln, transport links and local amenities, supporting lettability and resale after refurbishment.
Important negatives: the house will be sold at auction and requires refurbishment throughout; buyers should budget for works, possible rewiring or insulation, and allow for viewing/bidding conditions tied to the auction process. The surrounding area scores as deprived and is a cosmopolitan student neighbourhood, which influences rental demand and long-term buyer profiles.