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2 Bed Terraced House, Single Let, Lincoln, LN5 8JH £100,000

27 Spencer Street, Lincolnshire, LN5 8JH - 2 views - 9 months ago
  1. Deal Search
  2. Lincoln
  3. LN5
  4. LN5 8JH
Auction
BTL
~60 m²

ValuationUndervalued

AI score: 60/100. This may not be accurate, please check manually.

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Links

  • More Deals in Lincoln
  • More Deals in LN5
  • More Single Let Deals
  • More Single Let Deals in Lincoln
  • More Single Let Deals in LN5

Property History

Price changed to £100,000

November 3, 2025

Listed for £125,000

April 10, 2025

Sold for £85,000

2008

Sold for £72,000

2005

Sold for £27,000

2001

Floor Plans

Description

  • For sale via modern method of auction +
  • Terms & conditions apply +
  • Being sold with tenant in situ +
  • Subject to reserve price +
  • EPC grade D +
  • City of Lincoln Council +
  • Council tax band A +
  • No onward chain +

*THE PERFECT ADDITION TO THE INVESTMENT PORTFOLIO OR FIRST TIME PURCHASE*

Welcome to 27 Spencer Street. This neat and tidy Two bedroom Mid-Terraced is situated in a highly sought after location close to Lincoln City Centre. We believe looking at comparable evidence the market rent is around £800pcm which would give an investor a gross yield of 7.68% based on the current asking price.

Briefly comprising; Living Room, Kitchen, Two Bedrooms, Bathroom. Also benefitting from a fully enclosed Rear Courtyard and Parking is available on street.

Freehold/City of Lincoln Council-Band A/EPC Grade D.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

LIN250208/2

Agent Details

Your Move, Lincoln

020 3873 9734

Next Steps?

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

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Cashflows

AI score: 60/100. This may not be accurate, please check manually.

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