3 bed semi-detached house for sale

West Street, Lincoln LN5

A ready-made investment opportunity located within the well-established rental area of West Street, Lincoln, LN5. The property is currently vacant, offering investors the flexibility to secure new tenants immediately or add value before letting.

Situated in an area with consistently strong rental demand from students, professionals, and local workers, the property has excellent income potential. Comparable rental properties within the LN5 area typically achieve between £850–£1,000 pcm for similar terraced and city-centre-adjacent homes, supporting the potential for a strong rental yield of over 6%, subject to purchase price and management.

Priced below market value due to seller motivation, the property also presents an opportunity for immediate equity growth. Presented in low-maintenance condition with no major works required, it is an ideal investment for landlords seeking a straightforward addition to their portfolio.

Please be aware that any systems, appliances, or services depicted in photographs have not been tested by us and are subject to a fixtures and fittings agreement with the seller.

Once an offer is accepted, a deposit of £5,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.

All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.