# 2 bedroom terraced house for sale (LN5 8JS) ## Property Details | Key | Value | |-----|-------| | Address | 57 SHAKESPEARE STREET, LINCOLN, LINCOLNSHIRE LN5 8JS | | Price | £159,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Council tax | A | | Last sold | £104,000 Jul 2022 | ## EPC Rating & Upgrade Cost - **Current rating:** E - **Potential rating:** C - **Expiry date:** 04/07/2031 - **Current heating cost:** £1,094/year - **Est. upgrade cost to C:** £17,750 ### Recommendations - Q (£4,000 - £14,000) - W1 (£800 - £1,200) - I (£2,200 - £3,000) - T2 (£400 - £900) - U (£3,500 - £5,500) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0360-2175-4030-2609-5741) ## 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. ## Property Photos - ![Photo 11](/listings/photos/91634031/2008842) - Photo 11 - ![Photo 6](/listings/photos/91634031/2008844) - Photo 6 - ![Photo 7](/listings/photos/91634031/2008845) - Photo 7 - ![Photo 9](/listings/photos/91634031/2008846) - Photo 9 - ![Photo 10](/listings/photos/91634031/2008847) - Photo 10 - ![Photo 8](/listings/photos/91634031/2008848) - Photo 8 - ![Photo 2](/listings/photos/91634031/2008849) - Photo 2 - ![Photo 3](/listings/photos/91634031/2008850) - Photo 3 - ![Photo 12](/listings/photos/91634031/2008852) - Photo 12 - ![Photo 5](/listings/photos/91634031/2008853) - Photo 5 - ![Photo 1](/listings/photos/91634031/2008854) - Photo 1 - ![Photo 4](/listings/photos/91634031/2008855) - Photo 4 - ![Photo 13](/listings/photos/91634031/2008856) - Photo 13 - ![Photo 14](/listings/photos/91634031/2008857) - Photo 14 ## Floorplans - ![Floorplan 1](/listings/photos/91634031/2008858) - Floorplan 1 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 57 SHAKESPEARE STREET, LINCOLN, LINCOLNSHIRE, LN5 8JS | £104,000 | 05/07/2022 | Terraced | | 57 SHAKESPEARE STREET, LINCOLN, LINCOLNSHIRE, LN5 8JS | £82,500 | 16/12/2016 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | 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) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £146,298 (66 Terraced, LN5, 2024–2026) - **Deviation:** +8.7% ## Rental Range *ONS Price Index of Private Rents (Lincoln). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £853/mo - **Realistic:** £948/mo - **Optimistic:** £1,043/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Lincoln (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £598/mo ## 1% Rule - **Rent ratio:** 0.6% (weak for cashflow) - **Max investor price (0.8%):** £118,500 - **Target investor price (1%):** £94,800 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.* ## Price per Square Metre - **£/m²:** £2,092/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -1.1% - **10y growth:** 14.5% ## House Price Index (HM Land Registry) *Official index for Lincoln; Terraced series; as of May 2026.* - **1y growth (index):** 0.7% - **5y growth (index):** 13.6% - **10y growth (index):** 44.6% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)