Main image of 2 bedroom Mid Terrace House for sale, Spencer Street, Lincoln, Lincolnshire, LN5
Living Room
Bathroom
Bedroom 1
Bedroom 2
Kitchen
Kitchen
Outside
£125,000 Asking price

2 bedroom Mid Terrace House for sale,
Spencer Street, Lincoln, Lincolnshire, LN5

Features and Description

  • Mid-Terraced
  • Two Bedrooms
  • Tenant in Situ
  • EPC Grade D
  • City of Lincoln Council
  • Council Tax Band A
  • Central Location
  • No Onward Chain

***THE PERFECT ADDITION TO THE INVESTMENT PORTFOLIO***

Welcome to 27 Spencer Street. This neat an tidy Two bedroom Mid-Terraced is situated in a highly sought after location close to Lincoln City Centre and is being sold with a tenant in situ making this a superb investment. The current tenant is paying £650pcm but we believe looking at comparable evidence the market rent is £800pcm which would give an investor a gross yield of 7.68% based on the current asking price.

Briefly comprising; Living Room, Kitchen, Two Bedrooms, Bathroom. Also benefitting from a fully enclosed Rear Courtyard and Parking is available on street.

Freehold/City of Lincoln Council-Band A/EPC Grade D.

Living Room

11'10" x 11'2" (3.60m x 3.40m)

uPVC front entrance door, double glazed window to front aspect, fire with feature brick surround, radiator, stairs rising to first floor.

Spencer Street, Lincoln, Lincolnshire, LN5

Additional Information

  • Property ref
    LIN250208
  • EPC
    D
  • Tenure
    Freehold
  • Council Tax
    A
  • Local authority
    City Of Lincoln Council
Anita Cragg Branch Manager
Anita Cragg
Area Director

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Your Move Estate Agents Lincoln

Lincoln Branch Manager
Your Move Lincoln
44-45 Silver Street, Lincoln, LN2 1EH
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Borrowing £112,500 and repaying over 25 years with a 2.5% interest rate.

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Main image of 2 bedroom Mid Terrace House for sale, Spencer Street, Lincoln, Lincolnshire, LN5
Living Room
11'10" x 11'2" (3.60m x 3.40m)

uPVC front entrance door, double glazed window to front aspect, fire with feature brick surround, radiator, stairs rising to first floor.

Living Room
Kitchen
11'10" x 11'2" (3.60m x 3.40m)

Being fitted with a range of eye level wall and base units with contrasting work surfaces fitted over, space for cooker, fitted extractor hood, stainless steel sink with drainer, space for fridge freezer, space and plumbing for washing machine, double glazed window to rear aspect, rear door, understairs storage cupboard, radiator.

Kitchen Kitchen
Bedroom 1
11'10" x 11'2" (3.60m x 3.40m)

Double glazed window to front aspect, radiator, storage cupboard.

Bedroom 1
Bedroom 2
11'10" x 6'11" (3.60m x 2.10m)

Double glazed window to rear aspect, radiator.

Bedroom 2
Bathroom

Comprising of panelled bath with shower fitted over, low level WC, pedestal wash hand basin, double glazed frosted window to rear aspect, radiator.

Bathroom
Outside

There is a low maintenance rear courtyard which is fully enclosed by fencing. Parking is available on street (no permit required).

Outside

The pin shows the exact address of the property

Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

59

Potential

80

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A