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3 bed property, in 35 Sibthorp Street, £65,000
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3 bed terraced house

35 Sibthorp Street, Lincoln, Lincolnshire LN5
Auction
£65,000
-13.3%

Price History

Initial price £75,000
May 27, 2026 £65,000
Price Change -13.3%

Our Summary

  • Potential for Student Let (STP)
  • Requires Scheme of Improvement
  • For sale by online auction on Tuesday, 23 Jun 2026 ending at 12:00*online Unconditional Auction Opening 22 June 2026*To register for the legal pack and bidding, please visit our website: Situation:The property is well positioned on Sibthorp Street, Lincoln, close to the City centre and a wide range of facilities and amenities
  • 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 on Sibthorp Street, Lincoln, close to the city centre and a range of amenities. It offers approximately 2,500 sq ft of accommodation over two floors, including an entrance hallway, lounge, dining room, kitchen, store, utility room, three bedrooms, and a family bathroom. The property also features a rear garden.

The house is currently in need of improvement works, but has potential for adding value or generating a strong yield, with options for either a single let or student accommodation.