4 bedroom flat for sale

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4 bedroom flat for sale

St. Andrews Street, Lincoln, Lincolnshire, LN5
£139,000

Price History

Initial price £170,000
18/07/24 £167,000
27/07/24 £155,000
07/08/24 £152,000
14/08/24 £149,000
22/08/24 £147,000
30/08/24 £145,000
22/09/24 £143,000
26/09/24 £141,000
02/10/24 £139,000
09/10/24 £153,000
16/10/24 £150,000
23/10/24 £147,000
30/10/24 £145,000
06/11/24 £143,000
13/11/24 £141,000
20/11/24 £139,000
Price Change -18.24%

Description

This 4-bedroom flat in Lincoln offers a fantastic investment opportunity for those looking to expand their portfolio. The property features 4 bedrooms, a bathroom, lounge, kitchen, and garden ground space, and currently produces an annual gross income of £11,136. With long-term tenants already situated, the new owner has the potential to increase the income to a market rate of £13,800. The tenants have consistently paid their rent and have no intentions to move out, making for a stable and worthwhile investment. With a valuable location and rewarding rental returns, this property is an attractive addition to any investor's portfolio.