2 bed terraced house for sale

Walmer Street, Lincoln LN2

Investment Opportunity – Fully Let Property Generating Approx. 9% Yield
A ready-made investment opportunity situated on Walmer Street, just off Monks Road in Lincoln, within walking distance of the city centre, Lincoln College, the hospital and the Arboretum. This mid-terraced property has been converted into two self-contained flats, both of which are currently let to long-term tenants on ongoing tenancies, generating a combined annual income of approximately £13,500 – offering an attractive yield of around 9%.

Investment Opportunity – Fully Let Property Generating Approx. 9% Yield

A ready-made investment opportunity situated on Walmer Street, just off Monks Road in Lincoln, within walking distance of the city centre, Lincoln College, the hospital and the Arboretum.

This mid-terraced property has been converted into two self-contained flats, both of which are currently let to long-term tenants on ongoing tenancies, generating a combined annual income of approximately £13,500 – offering an attractive yield of around 9%.

The ground floor flat benefits from its own private entrance, a kitchen, living/dining area, double bedroom, bathroom and direct access to a private rear garden. The first floor flat also has a private entrance, with stairs leading to a well-presented kitchen and living area, double bedroom and bathroom.

This is a strong addition to any buy-to-let portfolio with immediate income and established tenants in place.

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.

Services All mains services available
Gas fired central heating

entrance

kitchen 7' 7" x 6' 9" (2.31m x 2.06m)

lounge/diner 12' 4" x 11' 6" (3.76m x 3.51m)

bedroom 11' 6" x 11' 6" (3.51m x 3.51m)

bathroom 6' 9" x 5' 3" (2.06m x 1.6m)

top flat

entrance

kitchen and living 14' 8" x 12' 7" (4.47m x 3.84m)

bedroom 11' 6" x 11' 6" (3.51m x 3.51m)

bathroom 7' 8" x 6' 9" (2.34m x 2.06m)