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4 Bed Terraced House, Cash/Bridging Only, Lincoln, LN5 7TF £180,000

Sewells Walk, Lincoln, Lincoln, LN5 7TF - 2 years ago
  1. Deal Search
  2. Lincoln
  3. LN5
  4. LN5 7TF
Cash
~176 m²

ValuationFair Value

This may not be accurate, please check manually.

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Links

  • More Deals in Lincoln
  • More Deals in LN5
  • More Cash/Bridging Only Deals
  • More Cash/Bridging Only Deals in Lincoln
  • More Cash/Bridging Only Deals in LN5

Property History

Price changed to £180,000

May 15, 2025

Price changed to £200,000

December 4, 2024

Listed for £230,000

January 23, 2024

Floor Plans

Description

  • Gross Income - £28,800 Annually +
  • READY MADE INVESTMENT +
  • End of Terrace Home - Currently split into 3 Apartments +
  • 1 x Two Bedroom +
  • 2 x One Bedroom +
  • Period Features Throughout +
  • EPC Rating - D, Council Tax Bands - A +

GROSS INCOME OF £28,800 ANNUALLY (circa 16% Gross Yield) Pygott & Crone are delighted to offer for sale this spacious bay fronted home located in a superb central location close to the City Centre.

The property itself is split into 3 Apartments which are currently let and the Owner has advised us it is achieving the following income:
Two bed - £800pcm, One bed - £750pcm, One bed - £750pcm

This equates to a gross income of £28,800 annually.

The home makes the ideal investment whilst also offering an abundance of characteristic features throughout. To avoid missing out please contact Pygott and Crone Today on .

Agent's Note: We have been advised by the vendor that the property is currently let on an AST. Given that the property is divided into three separate apartments, we recommend considering commercial financing as the most suitable option to fund the property, or alternatively, a cash purchase. Parking arrangements - on street parking

Agent Details

Pygott & Crone, Lincoln

01522 303818

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

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