Worst House on the Street Logo
Victoria Terrace, Lincoln - Image 1
Victoria Terrace, Lincoln - Image 2
Victoria Terrace, Lincoln - Image 3
Victoria Terrace, Lincoln - Image 4
Victoria Terrace, Lincoln - Image 5
Victoria Terrace, Lincoln - Image 6
Victoria Terrace, Lincoln - Image 7
Victoria Terrace, Lincoln - Image 8
Victoria Terrace, Lincoln - Image 9

Victoria Terrace, Lincoln

East Midlands

£115,000
Listed on 07/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
330 sqft

Description

Located conveniently near the heart of Lincoln, this traditional 3-bedroom terraced house presents a prime opportunity for renovation. The layout includes a welcoming hall, lounge with a bay window, practical kitchen/diner equipped with essential cabinetry and space for appliances, as well as a bathroom on the ground floor. The first floor hosts three bedrooms providing ample space for family living or potential rental opportunities. Outside features a modest front garden and a rear paved yard suitable for outdoor usage. While the property boasts residents permit parking and is free from onward chain complications, it does require significant refurbishment to reach its full potential. Ideal for cash buyers looking to invest in a property that can be transformed into a desirable home within close proximity to local amenities, historical sites, and public transport.

Investment Analysis

(LN1 area)

Above Market Value

This property is priced +47.9% above area average per sq ft

+47.9%
This Property
£348/sq ft
Area Average
£236/sq ft
Avg Rent (weekly)
£202
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£85,559
10% above area average per sq ft
Potential ROI
-44.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LN1)

Area prices are stable by -1.1% over the last 12 months
3 year growth: -9.8%
5 year growth: -2.7%
Investment Disclaimer: Analysis based on LN1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Victoria Terrace, Lincoln
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£410
Based on a loan of £86,250 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

Price History

-14.8% since listed
£115,000£20,000(-14.8%)
06/05/2026
Current price
£135,000Initial listing
15/12/2025

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates