1/15
£185,000
Terraced · 6 beds · 2 baths · 1,741 sq ft
Percy Street, Lincoln, LN2
Freehold
1/9
1/9
6 bed house for sale Percy Street, Lincoln, LN2
Offers over
£185,000
Reduced yesterday
Reduced yesterday
- Type
- Terraced
- Bedrooms
- 6
- Bathrooms
- 1
- Size
- £174 per sq ft
- Tenure
- Freehold
EPC Energy rating band D 58 potential C
About this property
Situated in a highly sought-after location, this spacious six-bedroom HMO presents an exciting opportunity for investors looking to maximise returns. Currently vacant, the property offers a blank canvas, allowing the new owner to refurbish, reconfigure, or let immediately to suit their investment strategy.
Ideally positioned for both students and hospital workers, the property benefits from strong rental demand, making it perfectly placed to generate an impressive rental income. The generous bedrooms provide comfortable living accommodation, while the layout offers excellent scope to enhance the property further and increase its earning potential.
Energy performance
Energy rating band D 58
Current
Potential
92+
A
81-91
B
69-80
C
Potential rating: 79 C
55-68
D
Current rating: 58 D
39-54
E
21-38
F
1-20
G
This home is rated band D, scoring 58 out of 100. The average British home is band D. Its certificate says it could reach band C (79) if the improvements it recommends were carried out.
Read from the certificate published with this listing, so it may not be the latest one. Check the government EPC register for the full certificate and its recommendations.
Council tax
Ask agent
Per year
- Band A£1,549
- Band B£1,807
- Band C£2,065
- Band D£2,323
- Band E£2,839
- Band F£3,356
- Band G£3,872
- Band H£4,646
The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Lincoln, 2026/27 bills run from £1,549 a year in band A to £4,646 in band H.
Figures from MHCLG (Open Government Licence v3): the average bill for each band across Lincoln, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.
Property timeline
- ReducedOctober 2026 £185,000
Was £190,000
- ReducedSeptember 2026 £190,000
Was £195,000
- ReducedSeptember 2026 £195,000
Was £200,000
- ListedAugust 2026 £200,000
6 beds · 1 bath · this listing
Past sales can't be shown: the agent hasn't given the house number.
Price guide
43 comparables · within 3 milesCheaper than 98% of the 5+ bed houses for sale nearby right now.
This home, £185,000 Median £400,000 · £221,000 – £895,000
Per square foot (approx.)
£174 19% under
5+ bed houses nearby £216
Against sold prices
34% under
LN2 sold median £261 / sq ft, 1,332 sales
Compared with 43 5+ bed houses for sale within 3 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in LN2 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in LN2 →
Location
Percy Street, Lincoln, LN2
Mortgage and stamp duty
Property price £185,000
£92k £278k
Deposit10% £19,000
£0 £185k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £166,000 mortgage. Most lenders would want a household income of about £37,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Properties sold nearby
HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 4, Percy Street Terraced | Terraced | Jul 2025 | 721 sq ft £101/sq ft | 721 sq ft | £101 | £72,500 |
| 8, Percy Street Terraced | Terraced | Nov 2022 | 1,066 sq ft £162/sq ft | 1,066 sq ft | £162 | £173,000 |
| 8, Percy Street Terraced | Terraced | May 2018 | 1,066 sq ft £131/sq ft | 1,066 sq ft | £131 | £140,000 |
| 8, Percy Street Terraced | Terraced | Jan 2016 | 1,066 sq ft £119/sq ft | 1,066 sq ft | £119 | £127,000 |
| 6, Percy Street Terraced | Terraced | Jul 2014 | 646 sq ft £127/sq ft | 646 sq ft | £127 | £81,950 |
| 3, Percy Street Semi-detached | Semi-detached | May 2008 | n/a | n/a | n/a | £80,000 |
| 1, Percy Street Semi-detached | Semi-detached | Jun 2007 | 743 sq ft £108/sq ft | 743 sq ft | £108 | £80,000 |
| 2, Percy Street Terraced | Terraced | Jan 2007 | 764 sq ft £115/sq ft | 764 sq ft | £115 | £88,000 |
Area insights
The neighbourhood around this property.
Marketed by
Bairstow Eves, Lincoln
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