4 bedroom end of terrace house for sale

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4 bedroom end of terrace house for sale

122 Cross Street, Lincoln LN5 7XH
£50,000

Price History

Initial price £70,000
19/03/25 £50,000
Price Change -28.57%

Description

This property, a traditional end-of-terrace house, is located on Cross Street in Lincoln, a popular and well-positioned area close to the city center and university. The property has a versatile internal layout and benefits from double glazing, gas central heating, and well-proportioned rooms throughout. It is currently let at £900 per month, but the tenant has been served a Section 21 notice and is keen to move on, making it available for vacant possession shortly after completion. The property has potential to add value, split title, or provide separate letting facilities or a House of Multiple Occupation (HMO), which could generate an income of over £30,000 per annum. With a freehold tenure, the property is being sold through an unconditional online auction, and prospective bidders are advised to register for the legal pack and bidding through the auction house's website.