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Spencer Street, Lincolnshire LN5 2 bed terraced house for sale
Spencer Street, Lincolnshire LN5
£100,000
Spencer Street, Lincolnshire LN5
£100,000
Our Summary
- For sale via modern method of auction
Description
This charming two-bedroom mid-terraced property at 27 Spencer Street is an ideal investment opportunity or first-time purchase, situated in a highly sought-after location near Lincoln City Centre. With a market rent estimated to be around £800 per month, it offers a gross yield of 7.68% based on the current asking price. The property features a living room, kitchen, two bedrooms, and a bathroom, as well as a fully enclosed rear courtyard and on-street parking. As a freehold property, it is also Energy Performance Certificate Grade D and rated Band A by the City of Lincoln Council. While the property's services, systems, and appliances have not been tested, it presents a great opportunity for investors and first-time buyers alike.