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Guide price
£190,000

6 bedroom end of terrace house for sale

Percy Street, Lincoln
Featured
Chain-free
End of terrace house
6 beds
2 baths
Added > 14 days
Just Mortages

Key information

TenureFreehold
Council taxBand A
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Six bedrooms
  • End of terrace
  • Ready made investment
  • Achieving £1425 pcm
  • Tenants in until may 2026
  • No chain
Guide Price £190,000 - £210,000
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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haart Estate Agents - Lincoln & North Hykeham
haart Estate Agents - Lincoln & North Hykeham
37 Silver Street Lincoln LN2 1EH
01522 397791
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Here at haart, we are on a mission to get you moved.   We have unique technology that gets your home hundreds more clicks, agents who listen and will negotiate hard on your behalf and you don’t pay us a penny until we succeed.  Big Benefits.   Being the UK’s largest independent estate agent, our size allows us to invest in the people and technology to get you moved, smart and fast and for more than you might think. No Sale, No Fee.   We don’t think you should pay a penny to someone to sell or let your home, unless they actually do.  So we don’t charge you until we have. As an agent we are members of the Property Ombudsman and the Association of Residential Letting Agents (ARLA) we adhere to a code of practice to ensure complete honesty and transparency in all our dealings with you. 
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