Summary - 23 ST FAITHS STREET LINCOLN LN1 1QJ
2 bed 1 bath Terraced
Auction refurbishment opportunity near station, garden and garage included.
Freehold two-bedroom mid-terrace, approx. 554 sq ft
Guide price £75,000+ — sold at public auction (probate sale)
Requires full refurbishment throughout; sold vacant
Rear garden and separate garage on a small plot
Double glazing fitted post-2002; mains gas boiler and radiators
EPC rating D; built c.1967–1975 with filled cavity walls
Very high local crime and area deprivation — affects resale/letting
Small property in student/professional neighbourhood — rental potential
A vacant two-bedroom mid-terrace in a central, student- and professional-populated area, offered for sale by public auction. The property sits over ground and first floors and includes a rear garden and separate garage — useful assets in a small urban plot. Transport links and local amenities are within easy reach, and double glazing plus mains gas heating are already installed.
This is a probate sale and will be sold at auction on 13 November 2025. The house requires a program of refurbishment throughout; the listing is best suited to a buyer who can manage a renovation project or an investor targeting rental demand from local students and young professionals. Note the area records very high crime and relative deprivation, which will affect re-letting prospects and resale premiums.
Practical positives include an EPC rating of D, cavity walls, and existing boiler with radiators on mains gas. The property is small (approx. 554 sq ft) and dated in places, offering scope to reconfigure or modernise to add value. Viewings are scheduled in early November; consult the legal pack before bidding as this is a probate/open auction matter.
Buyers should factor refurbishment costs, potential damp risk in the rear yard area, and the urban location when assessing value. For an experienced renovator or investor comfortable with auction procedures and local lettings, this presents a low guide-price entry into central Lincoln with clear upside after improvement.
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