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Newland Street West, Lincoln
For saleReduced 6 Oct 2026
£130,000

Newland Street West, Lincoln, LN1 1PH

2bedrooms
1bathroom
Terracedtype
743sq ft
Freeholdtenure

Listed 3 Sept 2026 · price reduced 6 Oct 2026 · Lincoln

How the price compares

This home£130,000£175 per sq ft
Median 2 bed in LN1£160k31 homes listed · £204 per sq ft
Difference-19%below the area median

Key features

  • VACANT - 3 Bedroomed Article 4 HMO
  • Accredited with Lincoln University via previous letting agent.
  • Vacant possession – tenants left in July 2026.
  • Previously Generating, Approx. £17,000 Gross Income Per Annum (bills included) - Gross Yield of 12.1
  • Current configuration - three lettable bedrooms.
  • Kitchen, Reception Room & Utility Area
  • Downstairs Bathroom
  • New EICR issued in 2026, valid for five years for rental use.
  • EPC Energy Rating - D
  • Council Tax Band - A (Lincoln City Council)

About this home

CURRENTLY VACANT - INVESTMENT & RESIDENTIAL OPPORTUNITY - THREE BEDROOM EX-HMO PROPERTY - An excellent opportunity to acquire a highly sought-after mid-terraced property in Lincoln's popular West End, ideally positioned within easy walking distance of the University of Lincoln and City Centre. The property is currently vacant and was previously let to students since 2013, producing approximately £17,000 per annum inclusive of bills for the 2025/26 academic year. Currently configured as a three-bedroom HMO and sold with furnished (if required), the property offers an immediate opportunity for an investor to return it to the student rental market, with a Class C4 Certificate and a new EICR issued in 2026 and valid for five years for rental use. The property is offered with vacant possession following the tenants' departure in July 2026. Alternatively, for a residential purchaser, the accommodation could readily be reconfigured to create an attractive two bedroom, two reception room home.

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.

LOUNGE 12' 1" x 10' 8" (3.70m x 3.26m) With staircase to the first floor, storage cupboard, tiled flooring and radiator.

KITCHEN 10' 2" x 8' 2" (3.10m x 2.51m) With a range of wall, base units and drawers with work surfaces over, electric oven and hob with extractor fan, stainless steel sink with side drainer and mixer tap over, wall mounted gas fired central heating boiler, space for fridge freezer and dishwasher, tiled splash-backs, tiled flooring and double glazed window to the side aspect.

UTILITY AREA With storage cupboard, space for washing machine, tiled floor and entrance door.

BATHROOM Fitted with a three piece suite comprising of panelled bath with electric shower over and glass shower screen, close coupled WC and pedestal wash hand basin, tiled flooring, radiator and double glazed window to the side aspect.

BEDROOM 12' 1" x 10' 8" (3.69m x 3.26m) With double glazed window to the front aspect and radiator.

FIRST FLOOR LANDING With double glazed window to the rear aspect.

BEDROOM 12' 9" x 12' 1" (3.90m x 3.69m) With double glazed window to the front aspect, spotlights and radiator.

BEDROOM 12' 1" x 7' 6" (3.69m x 2.30m) With double glazed window to the rear aspect, spotlights and radiator.

OUTSIDE To the rear of the property is an enclosed rear yard with outbuilding.

SERVICES All mains services available. Gas fired central heating.

Property details

Property type
Terraced
Size
743 sq ft / 69 sq m
Council tax band
A
Tenure
Freehold
Parking
On street, Permit
Garden
Yes
Heating
Gas central
Electricity
Mains supply
Water
Mains supply

Floorplan

Floorplan 1

Location

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1 on this map

  • Lincoln Central Station0.6 mi
  • Hykeham Station3.3 mi
  • Saxilby Station5.3 mi

What nearby homes sold for

Median sold prices in LN1 over the last 12 months: terraced £196k · detached £345k · semi-detached £210k · flat £145k.

AddressTypeSoldPrice
82 Newland Street West
Lincoln LN1 1PH
Terraced
Freehold
1 Jul 2026£100,000
103 Newland Street West
Lincoln LN1 1QD
Terraced
Freehold
28 Nov 2025£215,000
69 Newland Street West
Lincoln LN1 1QF
Terraced
Freehold
16 Sept 2025£200,000
31 Newland Street West
Lincoln LN1 1QQ
Terraced
Freehold
5 Sept 2025£180,000
134 Newland Street West
Lincoln LN1 1PH
Terraced
Freehold
31 Mar 2025£130,000
93a, Newland Street West
Lincoln LN1 1QD
Semi-detached
Freehold
5 Feb 2025£110,000
47 Newland Street West
Lincoln LN1 1QQ
Terraced
Freehold
10 Jan 2025£165,000
108 Newland Street West
Lincoln LN1 1PH
Other
Freehold
25 Nov 2024£150,000
15 Newland Street West
Lincoln LN1 1QQ
Terraced
Freehold
8 Nov 2024£200,000
57 Newland Street West
Lincoln LN1 1QF
Terraced
Freehold
2 Oct 2024£185,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in LN1

Buying costs

Monthly repayment£650£13,000 deposit · £117,000 loan
Stamp Duty£100England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Mundys, Lincoln on Rightmove (original listing). First listed 3 Sept 2026; details checked 7 Nov 2026. Latest change: reduced on 06/10/2026.

Agent disclaimer

Disclaimer - Property reference 102125031539. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Mundys, Lincoln. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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