- Mid Terrace house +
- Investment opportunity +
- Tenanted - £950pcm +
- Two bedrooms +
- Upstairs bathroom +
- Shared front access +
- Two reception rooms +
- Rear garden +
- In need of some renovation +
- Potential to add value (STP) +
The property is a two-bedroom mid terraced house centrally located in Lincoln, Lincolnshire.
The property comprises a shared entrance before access into the individual property. The ground floor comprises two reception rooms and a galley kitchen at the rear. The first floor comprises two bedrooms and a family bathroom. Externally there is a rear garden with an outbuilding and a shed.
The property is currently tenanted and generating an income of £11,400 per annum (£950pcm). The current tenancy is periodic.
The property is in need of some updating throughout and would suit either an owner occupier looking to create a personalised home or an investor looking to add to their property portfolio.
Location
Peel Street occupies a convenient position within easy reach of Lincoln's vibrant city centre. Situated just south of the High Street, the property benefits from excellent access to a wide range of amenities including shops, supermarkets, cafés, restaurants, and leisure facilities.
Lincoln's historic Cathedral Quarter, Castle, and the popular Brayford Waterfront are all within walking distance, offering a wealth of cultural, dining, and entertainment options.
The area is well served by local transport links, with Lincoln's mainline railway station and Transport Hub located nearby, providing regular services to Newark, Nottingham, Sheffield, and London. Major road networks including the A46, A15, and A57 are easily accessible, ensuring convenient connections to surrounding towns and cities.
Accommodation
Total gross internal area - 63.36m2/680ft2
Services
We understand the property mains electricity, gas, water and drainage. RPRS has not tested any appliances or services at the property. Interested parties should make their own investigations.
Council Tax
The property is rated A by Lincoln Council. Interested parties should make their own investigations.
EPC
D
Tenure