2 bedroom terraced house for sale

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2 bedroom terraced house for sale

St. Faiths Street, Lincoln
£150,000

Price History

Initial price £160,000
19/10/24 £150,000
Price Change -6.25%

Description

This property on St Faiths Street, located within walking distance of the University of Lincoln, offers a lucrative investment opportunity with a gross yield of 11.36%. The property is fully let until August 2025, generating £17,040 per annum, and has been well modernized with a excellent rental track record. The accommodation features a lounge, modern kitchen, and two double bedrooms with modern ensuite shower rooms, as well as an enclosed courtyard garden. With a council tax band of A and freehold ownership, this property presents a solid investment opportunity for investors seeking a reliable and profitable return.