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15 bedroom detached house for sale
Lindum Road, Lincoln, Lincolnshire, LN2
£505,000
Lindum Road, Lincoln, Lincolnshire, LN2
£505,000
Price History
Initial price | £920,000 |
27/07/24 | £795,000 |
01/08/24 | £790,000 |
07/08/24 | £785,000 |
14/08/24 | £780,000 |
22/08/24 | £775,000 |
22/09/24 | £550,000 |
26/09/24 | £545,000 |
02/10/24 | £540,000 |
10/10/24 | £535,000 |
16/10/24 | £530,000 |
23/10/24 | £525,000 |
30/10/24 | £520,000 |
06/11/24 | £515,000 |
13/11/24 | £510,000 |
20/11/24 | £505,000 |
Price Change | -45.11% |
Description
This 15-bedroom detached house in Lincoln offers a fantastic investment opportunity for those looking to expand their portfolio. With a current annual gross income of £69,000 from long-term tenants, the property is expected to generate a worthwhile return on investment. The house features 15 spacious bedrooms, three shared bathrooms, a modern lounge, and kitchen, making it an attractive option for tenants. The current tenants, who have been in the property for several years, will vacate before sale completion, allowing for a smooth transition. With its valuable amenities and rewarding rental returns, this property is a great addition to any investor's portfolio.