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Back to search: Lincoln or Gresham Street

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Spacious 4 bed Terraced property

Available
For Sale
Listed Jul 16, 2025
£230,000
Available

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Transaction history

£46,000 Sep 3, 1997
£37,950 Aug 30, 1996

Description

" Four Bedroom Home or Licensed HMO Vacant Possession July 2025 Situated in the ever popular West End of Lincoln, this versatile property is ideal for buyers seeking a spacious home or those looking to continue its use as a licensed House in Multiple Occupation HMO . Currently let until 19th July 2025, the property generates £25,000 for the 2024 25 academic year and will be sold with vacant possession, offering flexibility for both homeowners and investors. The well balanced layout suits both uses, offering a four bedroom home with a lounge, dining room, kitchen, ground floor bathroom and upstairs shower room. If used as a five bedroom HMO, the lounge becomes bedroom five and the dining room serves as the communal living space. To the rear, there is a private courtyard garden leading to a generous brick and tile outbuilding see floorplan , which could offer potential for further development or conversion subject to planning . The property is within easy walking distance of Lincoln city centre and just a short stroll from the beautiful open spaces of West Common and scenic walks along the Fossdyke Canal. There is also easy access to the A46 Bypass, making it convenient for commuters. The existing HMO licence is valid until 18th November 2025, providing a compliant setup for landlords. The neighbouring property, 105 Newland Street West, is also under the same ownership and may be available by separate negotiation, offering scope for a wider investment or development project.

LOCATION The historic Cathedral and University City of Lincoln has the usual High Street shops and department stores, plus banking and allied facilities, multiplex cinema, Marina and Art Gallery. The famous Steep Hill leads to the Uphill area of Lincoln and the Bailgate, with its quaint boutiques and bistros, the Castle, Cathedral and renowned Bishop Grosseteste University.

HALL

LOUNGE BEDROOM 11 4" x 11 2" 3.45m x 3.4m

DINING ROOM COMMUNAL ROOM 12 8" x 11 4" 3.86m x 3.45m

KITCHEN 17 5" x 6 1" 5.31m x 1.85m

BATHROOM 7 8" x 6 1" 2.34m x 1.85m

FIRST FLOOR LANDING

BEDROOM 11 4" x 10 7" 3.45m x 3.23m

BEDROOM 11 3" x 8 1" 3.43m x 2.46m

BEDROOM 12 10" x 11 9" 3.91m x 3.58m

BEDROOM 12 11" x 6 8" 3.94m x 2.03m

OUTBUILDING 21 11" x 12 2" 6.68m x 3.71m "

Mouseprice Data

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Data point Compared to road
230 sqm plot

Property Location

Average Price
Crime
Nearby Schools
The St Faith's Church of England Infant and Nursery School Lincoln
0.1mi
The St Faith and St Martin Church of England Junior School Lincoln
0.2mi
University of Lincoln
0.4mi
Westgate Academy
0.5mi
Mount Street Academy
0.7mi
Nearby Stations
Lincoln Central Station
0.7mi
Hykeham Station
3.3mi
Saxilby Station
5.2mi
Swinderby Station
7.6mi
Metheringham Station
9.3mi
Schools
Stations
On the map
Road view

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