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3 bed property, in 35 Sibthorp Street, £50,000
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3 bed terraced house

35 Sibthorp Street, Lincoln LN5
Auction
£50,000

Our Summary

  • Potential for Student Let (STP)
  • Requires Scheme of Improvement
  • *ONLINE Unconditional Auction Opening 20 July 2026* To register for the legal pack and bidding, please visit our website: auctionhouse
  • Description: A wonderful opportunity to acquire this well proportioned and versatile terrace house, offered for sale in need of improvement works but offering scope to add value or generate a strong yield in this area of high rental demand
  • There is also scope to provide student accommodation with the University with the potential to achieve circa £18,000 per annum once renovated or alternatively approximately £900pcm (£10,800) as a single let

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Description

The property is a well-proportioned and versatile terrace house located on Sibthorp Street in Lincoln, close to the City centre and various amenities. It has three bedrooms, a family bathroom, and additional rooms including a store, utility room and WC. The ground floor features an entrance hallway, lounge, dining room, kitchen, and store/ utility room and WC.

The rear garden is located outside. The property is freehold and sits within Council Tax band A.