Summary - 44, SHAKESPEARE STREET, LINCOLN LN5 8JX
2 bed 1 bath End of Terrace
Two double bedrooms with scope for refurbishment and rental income.
No onward chain — freehold tenure
A central two-bedroom Victorian end-terrace offered with no onward chain and clear investment potential. The compact layout includes a lounge, separate dining room, kitchen, bathroom and two double bedrooms — room sizes are modest, typical of inner-city terraced housing.
The house requires full modernisation: EPC rating F, dated mid-20th-century interior features, likely solid brick walls with no cavity insulation and an ageing heating system. Expect capital expenditure for cosmetic and energy-efficiency improvements; this is reflected in the asking price and suits buyers prepared to renovate or refurbish for rental or resale.
Practical positives include freehold tenure, a low-maintenance rear courtyard, on-street parking and excellent mobile and fast broadband connectivity. The city-centre location offers strong access to local amenities, transport links and nearby schools, supporting lettability and short commute lifestyles. Note also the local context: higher crime levels and a generally deprived area which may affect tenant demand and insurance/cost considerations.
This property will appeal to investors seeking a budget buy-to-let project or to first-time buyers willing to carry out refurbishment work. The compact footprint and modest council tax reduce holding costs, but buyers should budget for energy upgrades and internal refurbishment to bring the property up to modern standards.
3 bedroom terraced house for sale in Coulson Road, Lincoln, LN6 — £120,000 • 3 bed • 1 bath
3 bedroom terraced house for sale in Queen Street, Lincoln, LN5 — £110,000 • 3 bed • 1 bath • 919 ft²
2 bedroom terraced house for sale in Stanley Place, Lincoln, LN5 — £129,000 • 2 bed • 1 bath • 739 ft²
2 bedroom terraced house for sale in St Catherines Grove, Lincoln, LN5 — £120,000 • 2 bed • 1 bath • 755 ft²
3 bedroom terraced house for sale in Florence Street, Monks Road, Lincoln, LN2 — £110,000 • 3 bed • 1 bath • 780 ft²
2 bedroom terraced house for sale in 60 Gray Street, Lincoln, LN1 — £155,000 • 2 bed • 1 bath • 731 ft²
