Vernon Street, Lincoln, LN5

For Sale By Modern Method of Auction - T & Cs Apply

This three-bedroom terraced house in Lincoln is offered for sale via Modern Auction and represents an ideal investment opportunity for buyers seeking a property in need of renovation.

The ground floor provides two reception rooms, one featuring large windows that bring in good natural light, and the second linked to the kitchen, offering a practical layout for day-to-day living or future reconfiguration. The kitchen provides access to the rear garden, creating straightforward outdoor connectivity. Upstairs, the master double bedroom includes built-in wardrobes, with a further double bedroom on the same level. A loft bedroom offers additional sleeping or storage space. The accommodation is completed by a bathroom and the property has an EPC rating of E and Council Tax Band A.

Situated in an urban area of Lincoln, the property benefits from convenient public transport links. Lincoln railway station is within easy reach, providing services to destinations including Newark, Sheffield and London King’s Cross (typically around 2 hours via Newark). The surrounding neighbourhood offers access to local amenities, with Lincoln city centre, shops, cafés and restaurants all accessible by foot, bus or a short drive. Nearby green spaces such as local parks and the wider historic centre, including Lincoln Cathedral and Lincoln Castle, further enhance the location’s appeal.

This terraced house is well positioned for investors looking to renovate and add value in a popular city setting with strong transport connections and local facilities.

Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent
information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.

EPC rating: D. Tenure: Freehold,