For sale Terraced

57 SHAKESPEARE STREET

LINCOLN, LINCOLNSHIRE LN5 8JS

2 beds 2 baths 76 m² Listed 4 Aug 2026 (-20d)

£159,000

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Property details

Tenure

FREEHOLD

Floor area

76 m²

Council tax band

A

EPC rating

E

Last sold

£104,000 Jul 2022

Price per m²

£2,092/m²

Local average

£146,298 (+8.7%)

Deprivation

Decile 3 (8,427 of 33,755)

Street crime

584 incidents within 1 mile (Jun 2026)

Key features

  • Terraced Home
  • Well-Presented Throughout
  • Recently Renovated
  • Sold With No Onward Chain
  • Two Bedrooms Former Three Bedrooms
  • Two Bathrooms
  • Close Proximity To South Park
  • Prefect Investment/First Time Purchase

Additional details

Parking
Yes
Garden
Yes

Description

Starkey&Brown are delighted to offer for sale this thoughtfully upgraded two-bedroom terrace home, formerly arranged as a three-bedroom property, ideally positioned on Shakespeare Street in Lincoln. Offered for sale with the added benefit of no onward chain, this well-presented home has been improved by the current owners and offers flexible living in a highly convenient location. The accommodation briefly comprises a comfortable living room, followed by a separate dining room providing a useful additional reception space. To the rear is a modern upgraded kitchen, offering a contemporary and practical space for everyday living. A downstairs bathroom adds further convenience. To the first floor, there are two generous double bedrooms. Bedroom two was originally arranged as two separate bedrooms and could, subject to the necessary works, be converted back to provide three-bedroom accommodation if required. The current owners have also thoughtfully added a modern shower room to the first floor, providing excellent practicality and flexibility for the next owners. The property has been well maintained and upgraded throughout, offering an excellent opportunity for first-time buyers, couples, small families or investors. Further benefits include gas central heating and full uPVC double glazing throughout. One of the property’s key selling points is its superb location. Shakespeare Street is ideally positioned close to Lincoln City Football Club and South Park, while Lincoln city centre is also within comfortable walking distance. The surrounding area offers a wide range of local amenities including shops, supermarkets, schools, cafes, restaurants, public houses and leisure facilities. Excellent transport links are also close by, with parking available nearby. Council tax band: A. Freehold.

Listed by

Lincoln

Starkey & Brown

Reference: 91634031

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: C

Inspection date: 05/07/2021

Expiry date: 04/07/2031

Current heating cost: £1,094/year

Potential heating cost: £759/year

Est. upgrade cost to C: £17,750

Recommendations

  • 50 mm internal or external wall insulation (£4,000 - £14,000)
  • Floor insulation (suspended floor) (£800 - £1,200)
  • Replace boiler with new condensing boiler (£2,200 - £3,000)
  • Flue gas heat recovery in conjunction with boiler (£400 - £900)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Plot: ~130 m² (0.03 acres)

Source: HM Land Registry INSPIRE Index Polygons.

Floorplans

Floorplan 1

Floorplan 1

Price history

26% since 2016

Event Date Price % change
Listed for sale — £159,000 +52.9%
Sold 05/07/2022 (4 years ago) £104,000 +26.1%
Sold 16/12/2016 (9 years ago) £82,500 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
38 LITTLE BARGATE STREET, LINCOLN, LINCOLNSHIRE, LN5 8JL £110,000 16/01/2026 Terraced
39 SMITH STREET, LINCOLN, LINCOLNSHIRE, LN5 8HY £130,000 25/11/2025 Terraced
6 LITTLE BARGATE STREET, LINCOLN, LINCOLNSHIRE, LN5 8JR £133,000 04/11/2025 Terraced
13 ROBEY STREET, LINCOLN, LINCOLNSHIRE, LN5 8AU £152,500 29/08/2025 Terraced
36 GIBBESON STREET, LINCOLN, LINCOLNSHIRE, LN5 8JW £155,000 14/07/2025 Terraced
16 KNIGHT PLACE, LINCOLN, LINCOLNSHIRE, LN5 8JZ £98,750 11/07/2025 Terraced
32 SPENCER STREET, LINCOLN, LINCOLNSHIRE, LN5 8JH £145,000 17/11/2023 Terraced
28 SMITH STREET, LINCOLN, LINCOLNSHIRE, LN5 8HY £80,000 19/10/2023 Terraced
16 ROBEY STREET, LINCOLN, LINCOLNSHIRE, LN5 8AU £157,500 13/10/2023 Terraced
15 ROBEY COURT, LINCOLN, LINCOLNSHIRE, LN5 8AF £151,000 15/09/2023 Terraced
12 GIBBESON STREET, LINCOLN, LINCOLNSHIRE, LN5 8JP £126,500 08/09/2023 Terraced
63 QUEEN STREET, LINCOLN, LINCOLNSHIRE, LN5 8LB £119,000 14/08/2023 Terraced
43 SMITH STREET, LINCOLN, LINCOLNSHIRE, LN5 8HY £160,750 13/07/2023 Terraced
11 PENNELL STREET, LINCOLN, LINCOLNSHIRE, LN5 7TD £157,000 21/04/2023 Terraced
17 SHAKESPEARE STREET, LINCOLN, LINCOLNSHIRE, LN5 8JX £117,000 13/04/2023 Terraced
8 SPENCER STREET, LINCOLN, LINCOLNSHIRE, LN5 8JH £143,000 31/03/2023 Terraced
41 PENNELL STREET, LINCOLN, LINCOLNSHIRE, LN5 7TD £185,000 26/01/2023 Terraced
1 KNIGHT TERRACE, LINCOLN, LINCOLNSHIRE, LN5 8LA £100,000 16/12/2022 Terraced
18 SEWELLS WALK, LINCOLN, LINCOLNSHIRE, LN5 7TF £193,500 16/11/2022 Terraced
27 SEWELLS WALK, LINCOLN, LINCOLNSHIRE, LN5 7TF £180,000 01/11/2022 Terraced

Area average: £139,725 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -1.1%
10y growth 14.5%

House Price Index (HM Land Registry — official index, not sold-price averages): Lincoln. Series: Terraced. As of May 2026.

1y (index) 0.7%
5y (index) 13.6%
10y (index) 44.6%

Rental Range

Estimated market rent for Lincoln. Low = conservative, Realistic = average, Optimistic = best case.

Low £853/mo
Realistic £948/mo
Optimistic £1,043/mo

Based on Local Authority from postcode lookup → Lincoln.

LHA (30th percentile) floor for Lincoln: £598/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View LN5 8JS

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Football Ground 0.0 miles
Shop Shakespeare Street Garage 0.1 miles
Shop Premier 0.1 miles
Bus stop Robey Street 0.1 miles
Train station Lincoln 0.6 miles
Train station Hykeham 2.8 miles
Hospital Welbourn Hall Nursing and Residential Home 10.1 miles

Street-level crime

Category Count
Violence and sexual offences 187
Anti-social behaviour 151
Shoplifting 90
Public order 37
Criminal damage and arson 26
Other theft 21
Robbery 13
Vehicle crime 12
Drugs 11
Possession of weapons 10
Bicycle theft 9
Burglary 6
Other crime 6
Theft from the person 5
Total incidents 584

Within 1 mile during Jun 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Athena School Other 0.2 miles Good — 14 Jan 2019
The Lincoln St Peter at Gowts Church of England Primary School Primary 0.2 miles Outstanding — 11 Mar 2024
The Lincoln Bishop King Church of England Primary School Primary 0.3 miles Good — 16 Jan 2022
Sir Francis Hill Community Primary School Primary 0.7 miles Requires improvement — 15 Jan 2023
The Priory Academy LSST Secondary 0.7 miles Good — 13 Dec 2023

Rental Comparables

Rental listings exist nearby, but none matched the 2-bedroom count for this property.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.6%
Max investor price (0.8%) £118,500
Target investor price (1%) £94,800
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).