15 bedroom detached house for sale

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15 bedroom detached house for sale

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.