Summary - 46 FOSTER STREET, LINCOLN LN5 7QF
3 bed 1 bath Terraced
City-centre three-bed needing full modernisation and offering fast refurbishment potential.
Three bedrooms in a Victorian mid-terrace (approx. 786 sq ft)
This three-bedroom Victorian mid-terrace sits within walking distance of Lincoln city centre and local amenities, offered with no onward chain. The house totals around 786 sq ft, has gas central heating, uPVC double glazing and a small rear courtyard garden — all practical advantages for a buyer looking to move in quickly or add value.
The property requires full modernisation: cosmetic updating throughout, an ageing mid-century kitchen with worn surfaces, and a ground-floor wet room rather than a conventional bathroom. The building is solid-brick construction with no known cavity insulation and an EPC rating of D, so buyers should factor potential insulation and efficiency upgrades into renovation budgets.
The location suits investors or owners targeting the nearby student and professional rental market, given the cosmopolitan neighbourhood and excellent transport and digital connectivity. Crime levels in the immediate area are very high, which may affect rental demand and insurance costs; careful tenant selection and security improvements will be important.
Practical positives include freehold tenure, low flood risk, and very cheap council tax. The house is best for someone willing to take on a sensible refurbishment project to unlock greater capital or rental returns in a central urban setting.
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