Sewells Walk, Lincoln, Lincoln, LN5 4 bed end of terrace house for sale

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Sewells Walk, Lincoln, Lincoln, LN5 4 bed end of terrace house for sale

Sewells Walk, Lincoln, Lincoln, LN5
£180,000

Price History

Initial price £230,000
28/09/24 £200,000
18/04/25 £180,000
Price Change -21.74%

Description

Pygott & Crone presents a spacious, bay-fronted home in a prime central location, close to the City Centre. The property is divided into three apartments, currently let and generating a gross income of £28,800 annually, with a yield of 16%. The two-bedroom apartment rents for £800 per month, while the one-bedroom apartments rent for £750 per month. The property boasts characteristic features throughout and offers an excellent investment opportunity. The vendor is willing to serve a Section 21 Notice on the tenants after a sale is agreed, and the buyer will need to confirm their intentions with the agent.