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Lindum Road, Lincoln LN2 15 bed detached house for sale
Lindum Road, Lincoln LN2
£525,000
Lindum Road, Lincoln LN2
£525,000
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 |
23/08/24 | £775,000 |
30/08/24 | £600,000 |
08/09/24 | £595,000 |
07/10/24 | £540,000 |
09/10/24 | £535,000 |
16/10/24 | £530,000 |
23/10/24 | £525,000 |
30/10/24 | £520,000 |
05/11/24 | £515,000 |
12/11/24 | £510,000 |
20/11/24 | £505,000 |
27/11/24 | £500,000 |
04/12/24 | £495,000 |
10/12/24 | £550,000 |
18/12/24 | £545,000 |
31/12/24 | £540,000 |
07/01/25 | £535,000 |
14/01/25 | £530,000 |
29/01/25 | £525,000 |
Price Change | -42.93% |
Description
This 15-bedroom detached house in Lincoln is a fantastic investment opportunity for those looking to expand their portfolio. The property features 15 spacious bedrooms, three shared bathrooms, and modern lounge and kitchen areas. Currently, it produces an annual gross income of £69,000 with long-term tenants already in place, making it a worthwhile addition to an investor's portfolio. The tenants have been consistently paying rent for several years and will vacate the property before sale completion, allowing for a smooth transaction process. With its valuable amenities and rental returns, this property is a great opportunity for investors to grow their portfolio.