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2 bed property, in Peel Street, £110,000
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2 bed terraced house

Peel Street, Lincoln, Lincolnshire, LN5
£110,000

Our Summary

  • In need of some renovation
  • Investment opportunity
  • Potential to add value (STP)
  • The property is in need of some updating throughout and would suit either an owner occupier looking to create a personalised home or an investor looking to add to their property portfolio

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Description

This two-bedroom mid-terraced house in Lincoln, Lincolnshire, is a charming property that offers a great balance of location and potential for renovation. The property has a shared entrance and comprises two reception rooms, a galley kitchen, two bedrooms, and a family bathroom on the first floor. The rear garden features an outbuilding and a shed, providing ample outdoor space.

The property is currently tenanted, generating an annual income of £11,400, and is suitable for either an owner-occupier looking to personalize their home or an investor seeking to add to their portfolio. The property is located in a convenient position, just south of Lincoln's High Street, with easy access to a range of amenities, including shops, restaurants, and leisure facilities. The historic Cathedral Quarter, Castle, and Brayford Waterfront are also within walking distance, offering a wealth of cultural and entertainment options.

With local transport links and major road networks nearby, this property is an attractive opportunity for those looking to invest in a Lincoln property.