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35 Sibthorp Street, Lincoln LN5 7SL - Image 1
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35 Sibthorp Street, Lincoln LN5 7SL

East Midlands

£75,000

Listed on 15/05/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This spacious terrace house presents a notable opportunity for investors or those looking to undertake a renovation project. Located on Sibthorp Street, just a stone's throw from Lincoln's vibrant city centre, this property is well-positioned to benefit from the area's strong rental demand, particularly from students at Lincoln University. Currently requiring significant improvement works, the home offers ample scope for refurbishment and increasing its market value. With three bedrooms and a versatile layout including multiple reception areas, there is potential to achieve an annual rental income of approximately £18,000 as student accommodation or about £10,800 for a single let arrangement. The enclosed rear garden adds extra appeal for tenants seeking outdoor space in this urban setting.

Investment Analysis

(LN5 area)
Area Average
£220/sq ft
Avg Rent (weekly)
£198
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (LN5)

Area prices are rising by +9.6% over the last 12 months
3 year growth: +4.6%
5 year growth: +1.3%
Investment Disclaimer: Analysis based on LN5 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

35 Sibthorp Street, Lincoln LN5 7SL
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£268
Based on a loan of £56,250 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

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