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4 Bed Terraced House, Refurb/BRRR, Lincoln, LN5 7SJ £110,000

4 2 2 Nelthorpe Street, Lincoln, LN5 7SJ - a year ago
  1. Deal Search
  2. Lincoln
  3. LN5
  4. LN5 7SJ
Auction
Refurb/BRRR
Negative Equity
~103 m²

ValuationUndervalued

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Links

  • More Deals in Lincoln
  • More Deals in LN5
  • More Refurb/BRRR Deals
  • More Refurb/BRRR Deals in Lincoln
  • More Refurb/BRRR Deals in LN5

Property History

Price changed to £110,000

November 7, 2025

Price changed to £115,000

September 24, 2025

Price changed to £150,000

August 11, 2025

Price changed to £140,000

August 7, 2025

Price changed to £150,000

May 19, 2025

Listed for £159,995

--9%

January 7, 2025

Sold for £145,000

2007

Sold for £130,500

2004

Sold for £26,000

1995

Floor Plans

Description

  • Victorian Terraced House +
  • Spacious accommodation set over three floors +
  • Four good-sized bedrooms – two front-facing, one rear, and one top-floor retreat +
  • Two bathrooms, including a ground floor shower room and first floor family bathroom +
  • Two reception rooms – a bright lounge and a characterful dining room with fireplace +
  • Generous kitchen with potential for modernisation +
  • Period features throughout, including high ceilings and bay window +
  • Private rear courtyard garden – low maintenance and enclosed +
  • In need of renovation – ideal for buyers looking to add value +
  • Walking distance to Lincoln city centre, university, and transport links +

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £115,000 Set across three storeys and offering over 1,100 sq ft of accommodation, this generously sized four-bedroom home on Nelthorpe Street represents a fantastic opportunity for buyers looking to modernise and create a home tailored to their own taste. Situated in the heart of Lincoln, just a short stroll from the city centre, this property blends traditional charm with exciting renovation potential. The ground floor offers a traditional layout, with a welcoming lounge at the front of the property and a separate dining room featuring a characterful fireplace - perfect for those who appreciate period features. To the rear, the kitchen provides ample space and storage, and although in need of updating, it offers a solid footprint for a stylish future refit. A ground-floor shower room adds convenience and flexibility to the layout. On the first floor, you'll find three well-proportioned bedrooms, thoughtfully spaced for privacy, along with a generously sized family bathroom fitted with a bath. The top floor is home to the fourth bedroom, which enjoys its own floor and offers scope to become a tranquil principal suite, home office, or creative space. Although the property does require full refurbishment throughout, it has been well cared for and provides a fantastic canvas for those wishing to invest in a long-term home or project. With the right vision, this property could be transformed into a beautiful family residence or lucrative rental investment. Located in a sought-after part of Lincoln, Nelthorpe Street offers easy access to the city’s many amenities, including the University of Lincoln, railway station, high street shops, bars, restaurants, and the historic Cathedral Quarter. Whether you’re a homeowner ready to take on a project or an investor looking for a centrally located property with great scope, this spacious four-bedroom house is full of potential and waiting for its next chapter. Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively. The property is being sold via a transparent online auction. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law. The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’. These prices are subject to change.

An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services. EPC rating: E. Tenure: Freehold,

Agent Details

Lovelle Estate Agency, Lincoln

01522 303933

Next Steps?

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

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