Gresham Street, LINCOLN
Lincoln, UK
Guide Price
$237,474
180,000 GBP
PROPERTY TYPE
house
BEDROOMS
3
BATHROOMS
1
Description
Early viewing is essential for this terraced home located within the ever popular and well serviced west end area of Lincoln. Benefitting from no onward chain, enclosed rear garden and well-proportioned bedrooms, this property presents a fantastic opportunity for first time buyers and investors.
Location
Open in Google MapsLiving in Lincoln
Sunday roasts in centuries-old pubs, trains to Paris for the weekend, and a dry wit that takes six months to decode but a lifetime to stop appreciating.
Visa
Skilled Worker Visa — requires employer sponsorship, min £38,700/yr salary, and 70 points on the immigration scorecard. Americans are exempt from the English language test. Global Talent Visa is an alternative for exceptional talent in tech, arts, or academia — no sponsorship needed. Settlement after 5 years (increasing to 10 years from Autumn 2026).
Learn more: The Complete Guide to Moving to the UK→Key Fact
The UK is doubling the settlement qualifying period from 5 to 10 years starting Autumn 2026. If you are planning to move, getting your visa before this change takes effect is significant.
Learn more: What You Need to Know Before Moving Abroad→UK at a glance
How UK scores for American expats
Cost of buying in UK
Estimated fees and ongoing costs for this property
Closing Costs
3-8% of purchase price
- ·Stamp duty: 0-12% (tiered, starts at £250K)
- ·Solicitor: £1,000-2,500
- ·Survey: £400-1,500
- ·Land Registry: £100-500
Annual Costs
Property Tax
£1,200-3,000+/yr Council Tax (based on band, not value)
Insurance
£300-800/yr
HOA / Condo Fees
£100-400/mo for flats (service charge + ground rent)
Good to Know
Agent Fees
Seller pays (1-3%)
Foreign Buyer Note
2% stamp duty surcharge for non-UK residents (on top of normal rates).
Legal help in UK
Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.
Need a local attorney in UK?
We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.
Contact Agent
William H. Brown
Next steps for moving to UK
Interested in this property? Here's how to move forward.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
Know your tax obligations
US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.
Rightmove
GBP