6 bedroom terraced house for sale

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6 bedroom terraced house for sale

Albany Street, Lincoln
£425,000

Price History

Initial price £450,000
28/09/24 £435,000
23/10/24 £425,000
Price Change -5.56%

Description

This investment property consists of three separate two-bedroom dwellings, fully let until August 2025, generating approximately £45,000 gross per annum. The properties, located in the popular Uphill area of Lincoln, were recently converted in 2022 and feature separate heating systems and utilities in each unit. Each property is fully furnished and has a unique layout, with features such as gas central heating, uPVC double-glazed windows, and fully fitted kitchens. The properties are situated within a gated courtyard and benefit from a convenient location near shops, amenities, and the Cathedral Quarter. The current rent income is £260 per week for each property, with agreements in place until 2025.