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3 Bed Terraced House, Refurb/BRRR, Lincoln, LN5 7PU £130,000

61 Gaunt Street, Lincoln, LN5 7PU - a year ago
  1. Deal Search
  2. Lincoln
  3. LN5
  4. LN5 7PU
Sold STC
Refurb/BRRR
ROI: 3%
~69 m²

ValuationOvervalued

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Links

  • More Deals in Lincoln
  • More Deals in LN5
  • More Refurb/BRRR Deals
  • More Refurb/BRRR Deals in Lincoln
  • More Refurb/BRRR Deals in LN5

Property History

Price changed to £130,000

August 7, 2025

Price changed to £135,000

July 26, 2025

Price changed to £140,000

May 19, 2025

Price changed to £145,000

March 16, 2025

Listed for £150,000

January 7, 2025

Floor Plans

Description

  • Three bed mid terrace house +
  • Ideal for first time buyers and investors +
  • Estimated rental yield 6% gross +
  • Opportunity to update cosmetically +
  • Lounge & dining room +
  • Kitchen, ground floor shower room +
  • Courtyard garden to the rear +
  • No onward chain +
  • EPC: D +
  • Council tax band: A +

* Guide Price: £130,000 - £140,000 * Welcome to Gaunt Street, a three-bedroom mid-terrace house located in the heart of Lincoln City. This well-presented property is perfectly suited for first-time buyers or investors, with an estimated gross yield of around 6%. Offering a blend of comfort and potential, this home provides a fantastic opportunity to add your personal touch through cosmetic modernisation. As you step inside, you are greeted by a cosy lounge, leading through to a separate dining room, perfect for family meals or entertaining guests. The kitchen, while functional, offers scope for updating, allowing you to tailor it to your personal taste. The ground floor also features a practical shower room, ensuring convenience for everyday living.  Upstairs, the property comprises three bedrooms. The master bedroom is generously sized, providing ample space and comfort. The other two bedrooms are of average size, one is a double and the other a single bedroom, making them well-suited for children, guests, or as a home office. While the interiors could benefit from some modernisation, the overall condition is solid, making this home an excellent canvas for your creative ideas. To the rear of the property, you'll find a small courtyard garden, offering a private outdoor space for enjoying a morning coffee or a quiet evening. Although compact, it is a manageable outdoor space that’s perfect for enjoying some fresh air without requiring much upkeep. Situated close to local shops and amenities, 61 Gaunt Street offers the convenience of city living with easy access to everything you need.  The property is being sold with no onward chain, ensuring a smooth and hassle-free purchase. Whether you're looking to step onto the property ladder or seeking a promising investment opportunity, this home offers great potential in a central and convenient location. EPC rating: D. Tenure: Freehold,

Agent Details

Lovelle Estate Agency, Lincoln

01522 303933

Next Steps?

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

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