Worst House on the Street Logo
Victoria Terrace, Lincoln, Lincolnshire, LN1 1HZ - Image 1
Victoria Terrace, Lincoln, Lincolnshire, LN1 1HZ - Image 2
Victoria Terrace, Lincoln, Lincolnshire, LN1 1HZ - Image 3

Victoria Terrace, Lincoln, Lincolnshire, LN1 1HZ

East Midlands

£140,000

Listed on 28/08/2026

The listing

Property details

Bedrooms
2
Type
Terraced

Description

This charming two-bedroom Victorian terraced house on Victoria Terrace is a fantastic opportunity for buyers looking to make their mark. Located conveniently close to Lincoln city centre, this property features a bay-fronted lounge that adds character and warmth to the living space. The kitchen diner offers a sociable area for cooking and dining, complemented by a small lean-to that provides additional utility and access to the generous garden. Upstairs, you will find two spacious double bedrooms and a family bathroom, while the fully boarded loft offers extra storage. The rear garden is a standout feature, providing ample space for landscaping and personal touches, though it does have some steep areas to consider. A detached garage at the end of the garden, accessible via Victoria Passage, adds further potential but requires some repairs. Offered with no onward chain, this property is currently tenanted until the end of August 2026, making it suitable for both first-time buyers and investors looking for a project with great potential.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

52out of 100
Grade DWeak opportunity

Confidence: LOW

This two-bedroom Victorian terraced house presents a characterful opportunity for buyers looking to create a personalized home. Priced at £140,000, it sits well below the local average, making it an appealing option for those seeking value in a market where prices tend to be higher. The property features charming elements like a bay-fronted lounge and a generous garden, both of which provide a solid foundation for any renovation project.

While the interior is dated and in need of light refurbishment, the absence of significant risks like damp or structural issues allows for a straightforward update process. The detached garage and no onward chain add further appeal, making this a prime choice for first-time buyers or investors who appreciate the chance to infuse their style into the home. With a renovation budget ranging from £40,000 to £80,000, this property offers a promising canvas to work with, despite its current condition.

Key opportunities

  • Characterful bay-fronted lounge that can be enhanced with modern touches
  • Generous garden space ideal for landscaping or outdoor entertaining
  • Detached garage that can be renovated for additional storage or workshop use

Key risks

None recorded.

Unlock the full analysis

Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.

Sign up free

Already have an account? Sign in

Map

Location

Victoria Terrace, Lincoln, Lincolnshire, LN1 1HZ
Loading map...

Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£529
Based on a loan of £105,000 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

Services

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