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6 Bed Terraced House, Refurb/BRRR, Lincoln, LN1 1HZ £235,000

15 Victoria Terrace, Lincolnshire, LN1 1HZ - 1 views - a year ago
  1. Deal Search
  2. Lincoln
  3. LN1
  4. LN1 1HZ
Refurb/BRRR
~112 m²

ValuationUndervalued

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Links

  • More Deals in Lincoln
  • More Deals in LN1
  • More Refurb/BRRR Deals
  • More Refurb/BRRR Deals in Lincoln
  • More Refurb/BRRR Deals in LN1

Property History

Price changed to £235,000

September 1, 2025

Listed for £225,000

December 13, 2024

Floor Plans

Description

  • NO ONWARD CHAIN +
  • 6 Double Bedrooms +
  • 2024-2025 income £25,245 p/a +
  • Property currently vacant and undergoing renovations +
  • City Centre and close to Lincoln University +

Detailed Description

A two storey, six bedroom mid terrace property - Situated in the City Centre and close to Lincoln University. The property was let to 5 students until July 2025 at £2,146.70 pcm (£25,245 p/a). There was a potential to earn a further £430 pcm by letting the sixth bedroom.

The property is currently undergoing renovations and advertised to let for new tenants.

Accommodation

The ground floor comprises a kitchen, communal living room, shower room and two double bedrooms with stairs leading to the first floor.
To the first floor, there are four double bedrooms and shower room.

Outside
The rear elevation offers a fenced garden and a roof terrace with artificial grass and space for an outside table & barbeque.

Services

We understand the property has mains water, gas, electric and mains sewer connections.

Other

COUNCIL TAX BAND
Band A

TENURE & POSSESSION
Freehold, subject to the existing assured shorthold tenancies.

RENT
Please note the current rent includes bills for gas, electric, water, Wi-Fi and tv licence.

MOBILE
We understand from the Ofcom website there is likely mobile coverage from EE, O2, Three and Vodafone.

BROADBAND
We understand from the Ofcom website that standard and ultrafast broadband is available at this property with a max download speed of 1000 Mbps and an upload speed of 100 Mbps.

BUYER IDENTITY CHECK
Please note that prior to acceptance of any offer, Brown&CoJHWalter are required to verify the identity of the buyer to comply with the requirements of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017. Further, when a property is for sale by tender, an ID check must be carried out before a tender can be submitted. We are most grateful for your assistance with this.

Agent Details

Brown&CoJHWalter, Lincoln

01522 303808

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

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