>
7 bed terraced house
Monks Road, Lincoln LN2
£245,000
Monks Road, Lincoln LN2
£245,000
Price History
Initial price | £345,000 |
13/08/24 | £295,000 |
22/08/24 | £290,000 |
29/08/24 | £285,000 |
21/09/24 | £280,000 |
26/09/24 | £275,000 |
02/10/24 | £270,000 |
10/10/24 | £265,000 |
16/10/24 | £290,000 |
24/10/24 | £285,000 |
30/10/24 | £280,000 |
06/11/24 | £275,000 |
12/11/24 | £270,000 |
29/11/24 | £290,000 |
03/12/24 | £285,000 |
11/12/24 | £270,000 |
18/12/24 | £265,000 |
31/12/24 | £260,000 |
07/01/25 | £255,000 |
14/01/25 | £250,000 |
29/01/25 | £245,000 |
Price Change | -28.99% |
Description
This 7-bedroom flat in Lincoln offers a fantastic investment opportunity for those looking to expand their portfolio. The well-maintained property features spacious bedrooms, modern lounge and kitchen, balcony, and garden space, and is currently generating an annual gross income of £20,256. With the potential to increase the rent to a market rate of £24,000, this property presents a worthwhile addition to any investor's portfolio. The current tenants, who have been in the property for several years, have consistently paid their rent and have no plans to move out, making for a smooth transition.