6 bedroom end of terrace house for sale
Key information
Features and description
- Six bedrooms
- End of terrace
- Ready made investment
- Achieving £1425 pcm
- Tenants in until may 2026
- No chain
This spacious six-bedroom property offers an excellent opportunity for investors seeking a strong, income-producing asset in one of Lincoln’s most popular rental locations. Situated on Percy Street, an area well regarded for its appeal to both students and young professionals, the property is currently fully let and generating £1,425 per calendar month (£17,100 per annum). At an asking price of £220,000, this provides an attractive gross yield of approximately 7.8%, making it an ideal ready-made investment.
Importantly, the property is let as a whole under a single tenancy agreement, with the tenants themselves responsible for the payment of utilities and household bills. This arrangement minimises ongoing landlord costs and ensures a straightforward, hassle-free rental income.
The accommodation is arranged over two floors and briefly comprises an entrance hall leading to a comfortable communal lounge and a fitted kitchen with ample storage and preparation space. Also on the ground floor are two good-sized bedrooms, a shower room, and a separate WC. To the first floor, there are four further bedrooms along with an additional shower room, providing well-balanced and practical accommodation for a group let.
Externally, the property enjoys a private, enclosed garden to the front, while on-street parking is available immediately outside.
Percy Street remains one of Lincoln’s most consistently popular rental areas thanks to its convenient access to the city centre, the University of Lincoln, and a wide range of local amenities. With strong demand, a proven rental track record, and minimal landlord overheads, this property represents a secure investment with income from day one, alongside excellent potential for future capital growth.
This is a rare opportunity to secure a high-yielding, low-maintenance investment property in a thriving rental market.
Rooms
Ground Floor
Entrance Hall
Bedroom One 8'4" x 11'11" (2.54m x 3.63m)
Communal Room 10'10" x 11'11" (3.3m x 3.63m)
Kitchen 12'6" x 11'11" (3.81m x 3.63m)
Hallway
Shower Room 1
Shower Room 2
Separate WC
Bedroom Two 9'4" x 9'4" (2.84m x 2.84m)
First Floor
First Floor Landing
Bedroom Three 8'4" x 11'11" (2.54m x 3.63m)
Bedroom Four 11'7" x 7'5" (3.53m x 2.26m)
Bedroom Five 12'6" x 7'5" (3.81m x 2.26m)
Bedroom Six 13'9" x 11'11" (4.19m x 3.63m)
Disclaimer
haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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