Lindum Road, Lincoln LN2 15 bed detached house for sale

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Lindum Road, Lincoln LN2 15 bed detached house for sale

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.