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6 bed property, in 26, £415,000
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6 bed terraced house

26, 26A & 26B Albany Street, Lincoln LN1
£415,000
-7.8%

Price History

Initial price £450,000
Sep 28, 2024 £435,000
Oct 23, 2024 £425,000
Jul 13, 2025 £415,000
Price Change -7.8%

Our Summary

  • INVESTMENT OPPORTUNITY
  • Investment property, 3 x 2 Bed Separate Dwellings, Recently Converted, fully let until August 2025, Generating approx £45k gross pa, uphill locationProperty DescriptionWe are delighted to offer to the market an investment opportunity of 3 separate two bedroom properties situated in the popular Uphill area of Lincoln just off Burton Road

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Description

The property is a development of three separate two-bedroom flats, located in the Uphill area of Lincoln. Each flat has its own bathroom and is situated within a gated courtyard, with Flat 26 located to the front, Flat 26a to the rear of the courtyard, and Flat 26b also to the rear but with a larger entrance hall. The flats have been fully refurbished in 2022 and feature gas central heating, uPVC double-glazed windows, fully fitted kitchens, and EPC Rating C.

Each flat has its own utilities and separate entrance, and are currently let with agreements in place until 2025, generating a gross annual income of approximately £45,000.