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

East Midlands

£50,000Guide Price

Listed on 03/07/2026

Property details

Bedrooms
3
Type
Terraced

Description

This terrace house presents a significant investment opportunity, located conveniently on Sibthorp Street in Lincoln, just moments from the city center and its diverse amenities. The property is being offered at auction, with clear potential for renovation to enhance both living conditions and market value. Its layout features three bedrooms, multiple reception areas including a lounge and dining room, as well as a kitchen and utility space. The possibility of transforming this home into student accommodation due to its proximity to Lincoln University could yield approximately £18,000 annually post-renovation or a steady rental income of around £900 per month. While the property is in need of modern updates, it holds promise for investors looking to capitalize on high rental demand in the area. The rear garden offers additional potential for outdoor enhancements once the interior has been improved.

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Investment analysis

(LN5 area)
Area Average
£221/sq ft
Avg Rent (weekly)
£211
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (LN5)

Area prices are stable by +1.7% over the last 12 months
3 year growth: +0.4%
5 year growth: -3.2%
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

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£189
Based on a loan of £37,500 over 30 years at 4.45% 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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