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Percy Street, Lincoln

£180,000

Property Type
End of Terrace
Bedrooms
6
Bathrooms
2
Reception Rooms
1
Tenure
Freehold
Agent
haart
Listed 3 months agoUpdated 12h ago

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Property Summary

This spacious six-bedroom end of terrace house on Percy Street, Lincoln, presents an excellent ready-made investment opportunity with a guide price of £180,000 - £200,000. Currently fully let under a single tenancy agreement, the property generates a strong rental income of £1,425 per calendar month, offering an attractive gross yield of approximately 7.8%. The accommodation is arranged over two floors, featuring a communal lounge, fitted kitchen, two shower rooms, and six well-proportioned bedrooms, ideal for group letting. Additional benefits include a private enclosed front garden, on-street parking, and a location highly sought after by students and young professionals due to its proximity to the city centre and University of Lincoln. This low-maintenance investment ensures minimal landlord costs and immediate income, with excellent potential for future capital growth.

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