# 3 bedroom terraced house for sale (LN1 1BP)

## Property Details

| Key | Value |
|-----|-------|
| Address | Motherby Hill, Lincoln, LN1, LN1 1BP |
| Price | £1,945,000 |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Council tax | C |

## Description

**Exceptional Investment Opportunity – Portfolio of Seven Residential Properties – Motherby Hill, Lincoln.**

A fantastic opportunity to acquire a portfolio of **seven modern residential properties** situated in the highly sought-after Uphill area of Lincoln. Located on Motherby Hill, this rare investment offers purchasers the chance to secure a substantial residential portfolio in one of the city's most desirable locations, within easy walking distance of Lincoln Cathedral, Lincoln Castle, the historic Bailgate and Lincoln city centre.

The portfolio comprises **seven spacious three-bedroom townhouses**, each thoughtfully arranged over **three floors** and benefiting from **allocated parking**. Designed to appeal to a wide range of tenants, the properties offer generous and versatile living accommodation, making them an attractive proposition for investors seeking strong, long-term rental demand.

This is a unique opportunity to purchase an entire residential portfolio within a single development, offering the convenience of one acquisition while benefiting from seven individual income-producing assets. Whether you are an experienced investor looking to expand your portfolio or seeking a high-quality residential investment in a prime Lincoln location, this portfolio presents excellent potential for both attractive rental returns and long-term capital growth.

EPC rating: B. Tenure: Freehold,

## Property Photos

- ![Photo](/listings/photos/175021664/2618491)
- ![Photo](/listings/photos/175021664/2618492)
- ![Photo](/listings/photos/175021664/2618493)
- ![Photo](/listings/photos/175021664/2618494)
- ![Photo](/listings/photos/175021664/2618495)
- ![Photo](/listings/photos/175021664/2618496)
- ![Photo](/listings/photos/175021664/2618497)
- ![Photo](/listings/photos/175021664/2618498)
- ![Photo](/listings/photos/175021664/2618499)
- ![Photo](/listings/photos/175021664/2618500)
- ![Photo](/listings/photos/175021664/2618501)
- ![Photo](/listings/photos/175021664/2618502)
- ![Photo](/listings/photos/175021664/2618503)
- ![Photo](/listings/photos/175021664/2618504)
- ![Photo](/listings/photos/175021664/2618505)

## Floorplans

- ![Floorplan](/listings/photos/175021664/2618506) - Floorplan
- ![Floorplan](/listings/photos/175021664/2618507) - Floorplan
- ![Floorplan](/listings/photos/175021664/2618508) - Floorplan

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 62 WEST PARADE, LINCOLN, LINCOLNSHIRE, LN1 1JX | £160,000 | 19/06/2025 | Terraced |
| 45 VICTORIA STREET, LINCOLN, LINCOLNSHIRE, LN1 1HY | £95,000 | 26/05/2023 | Terraced |
| 43 VICTORIA STREET, LINCOLN, LINCOLNSHIRE, LN1 1HY | £90,000 | 05/05/2023 | Terraced |
| 11 THE ROPERY, LINCOLN, LINCOLNSHIRE, LN1 1EL | £360,000 | 12/12/2022 | Terraced |
| 37 VICTORIA STREET, LINCOLN, LINCOLNSHIRE, LN1 1HY | £112,000 | 27/10/2022 | Terraced |
| 1 VICTORIA PLACE, LINCOLN, LINCOLNSHIRE, LN1 1JA | £120,000 | 08/07/2022 | Terraced |
| 14 MOTHERBY LANE, LINCOLN, LINCOLNSHIRE, LN1 1EX | £175,000 | 27/05/2022 | Terraced |
| 2 VICTORIA PLACE, LINCOLN, LINCOLNSHIRE, LN1 1JA | £111,000 | 13/05/2022 | Terraced |
| 31 VICTORIA STREET, LINCOLN, LINCOLNSHIRE, LN1 1HY | £138,000 | 14/03/2022 | Terraced |
| 40 VICTORIA TERRACE, LINCOLN, LINCOLNSHIRE, LN1 1HZ | £115,000 | 13/12/2021 | Terraced |

**Area average:** £147,600 (10 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £197,552 (60 Terraced, LN1, 2024–2026)
- **Deviation:** +884.6%

## Rental Range

*ONS Price Index of Private Rents (Lincoln). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £852/mo
- **Realistic:** £947/mo
- **Optimistic:** £1,042/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Lincoln (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £673/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed End Terrace, Union Road, LN1 | £1,400/mo | 3 | 0.16 miles | OpenRent |

**Average rent: £1,400/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.07% (weak for cashflow)
- **Max investor price (0.8%):** £175,000
- **Target investor price (1%):** £140,000

*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 OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,400/mo).*

- **Gross yield:** 0.9%
- **Cost-to-rent:** 115.8×
- **Monthly cashflow:** £-6,425/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -13.7%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

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

- **5y growth:** -1.9%
- **10y growth:** 25.7%

## House Price Index (HM Land Registry)

*Official index for Lincoln; Terraced series; as of August 2026.*

- **1y growth (index):** 0.7%
- **5y growth (index):** 10.2%
- **10y growth (index):** 37.1%

## 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)