1/18
Retirement
£125,000
Flat · 1 bed · 1 bath · 506 sq ft
Newport, Lincoln, LN1
0.01 miles away
Leasehold
1/12
1/12
8 bed house for sale Newport, Lincoln, LN1
Asking price
£409,950
Added on 25/09/2026
Added on 25/09/2026
- Type
- Terraced
- Bedrooms
- 8
- Bathrooms
- 8
- Size
- £193 per sq ft
- Tenure
- Freehold
Council tax Band B £1,807 a year
Key features
- 8 Bedroom House Share
- All en-suite bedrooms
- Cinema Room
- 3 reception rooms
- Bailgate area
- HMO Licenced
- Generates approx £54k per annum
- EPC Grade D
About this property
ATTENTION INVESTORS – An exceptional opportunity to acquire a fully licensed eight-bedroom HMO generating an impressive annual rental income of £54,000(approx).
This substantial bay-fronted period property is ideally situated just moments from the highly sought-after Bailgate area and offers spacious accommodation arranged over four floors. All eight bedrooms benefit from their own en suite facilities, complemented by a well-appointed kitchen, breakfast room, conservatory and a unique basement cinema room, creating an attractive living environment for tenants.
Floorplan
Council tax
Band B £1,807 a year
Per year
- Band A£1,549
- Band BThis home: £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
This home is in band B, which costs £1,807 a year in Lincoln for 2026/27.
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. Check a home's band on GOV.UK.
Price guide
42 comparables · within 2.9 milesCheaper than 57% of the 5+ bed houses for sale nearby right now.
This home, £409,950 Median £430,000 · £220,500 – £895,000
Per square foot
£193 8% under
5+ bed houses nearby £211
Against sold prices
20% under
LN1 sold median £240 / sq ft, 775 sales
Compared with 42 5+ bed houses for sale within 2.9 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 LN1 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in LN1 →
Location
Newport, Lincoln, LN1
Mortgage and stamp duty
Property price £409,950
£204k £615k
Deposit10% £41,000
£0 £410k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £368,950 mortgage. Most lenders would want a household income of about £82,000 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 |
|---|---|---|---|---|---|---|
| 38, Newport Terraced | Terraced | Jul 2024 | 764 sq ft £323/sq ft | 764 sq ft | £323 | £246,500 |
| 38, Newport Terraced | Terraced | Jul 2022 | 764 sq ft £134/sq ft | 764 sq ft | £134 | £102,500 |
| 32, Newport Terraced | Terraced | Nov 2021 | 1,593 sq ft £220/sq ft | 1,593 sq ft | £220 | £350,000 |
| 18, Newport Terraced | Terraced | Aug 2020 | 1,216 sq ft £150/sq ft | 1,216 sq ft | £150 | £183,000 |
| 38, Newport Flat / maisonette | Flat / maisonette | Apr 2019 | 764 sq ft £131/sq ft | 764 sq ft | £131 | £100,000 |
| 16, Newport Terraced | Terraced | Oct 2017 | 969 sq ft £181/sq ft | 969 sq ft | £181 | £175,000 |
| 32, Newport Terraced | Terraced | Aug 2017 | 1,593 sq ft £159/sq ft | 1,593 sq ft | £159 | £252,500 |
| 34, Newport Terraced | Terraced | Dec 2015 | 840 sq ft £268/sq ft | 840 sq ft | £268 | £225,000 |
Area insights
The neighbourhood around this property.
Marketed by
Newton Fallowell, Lincoln Central
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