- HOME OF MULTIPLE OCCUPANCY
- Currently Let Until Summer 2026
- Rent of £354 per week (Inc Bills). Approx 10.25% Yield
- Thee Bedroom House Share
- City Centre Location
- Prime Location for a Student Let
- Communal Room, Modern Kitchen & Bathroom
- Rear Garden
- EPC Energy Rating - D
- Council Tax Band - A
3 Bedroom Terraced House for sale in Lincoln
3
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Positioned in the vibrant heart of Lincoln City Centre, this three-storey property offers a fantastic investment opportunity for those looking to capitalise on the area's strong rental market. With three lettable rooms currently tenanted until Summer 2026, it achieves a solid rental income of £354 per week (including bills), equating to £17,940 per annum and delivering a gross yield of 10.25%.
Lincoln's City Centre is a thriving hub known for its rich heritage, popular university, and dynamic student community – all contributing to high tenant demand. This prime location ensures convenient access to shops, cafes, transport links, and cultural landmarks, making it highly attractive to students and young professionals alike.
The property itself comprises a Communal Room, Kitchen, Bathroom, and three Bedrooms. There is garden to the rear – an appealing feature for tenants looking for outdoor space.
We have been advised by the vendor that the rental income for the next academic year (from 12th August 2025) will be approx. £18,000 per annum.
LOCATION The historic Cathedral and University City of Lincoln has the usual High Street shops and department stores, plus banking and allied facilities, multiplex cinema, Marina and Art Gallery. The famous Steep Hill leads to the Uphill area of Lincoln and the Bailgate, with its quaint boutiques and bistros, the Castle, Cathedral and renowned Bishop Grosseteste University.
COMMUNAL ROOM 11' 6" x 11' 2" (3.51m x 3.4m) , with UPVC double glazed window, external door and radiator.
INNER HALLWAY With stairs to the first floor.
KITCHEN 16' 6" x 11' 2" (5.03m x 3.4m) , with UPVC double glazed window, vinyl flooring, fitted with a range of wall, base units and drawers with work surfaces over, integrated oven, four ring ceramic hob with extractor fan over, breakfast bar, plumbing and space for washing machine, space for fridge freezer, storage cupboard and radiator.
SHOWER ROOM 7' 4" x 5' 8" (2.24m x 1.73m) , with two UPVC double glazed windows, tiled flooring, fully tiled walls, low level WC, wash hand basin, shower cubicle, heated towel rail and extractor fan.
FIRST FLOOR LANDING With stairs to the second floor.
BEDROOM 1 11' 4" x 11' 2" (3.45m x 3.4m) , with UPVC double glazed window and radiator.
BEDROOM 2 12' 3" x 11' 2" (3.73m x 3.4m) , with UPVC double glazed window and radiator.
SECOND FLOOR
BEDROOM 3 14' 4" x 11' 2" (4.37m x 3.4m) , with UPVC double glazed window and radiator.
OUTSIDE There is a low maintenance garden with a gravelled area and patio area.
Property Ref: 58704_102125031266
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Mundys (Lincoln)
29 Silver Street, Lincoln, Lincolnshire, LN2 1AS
01522 510044
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