This 2-bedroom terraced house is a freehold property with a current rent of £625 per month, generating an annual income of £7,500. The property has been occupied since July 2018 on a rolling contract and is self-managed. The current yield is 6.5% gross, but with potential to increase to 8.9% gross if the rent is increased to match the local average of £856-£875 per month. The property is expected to sell for £114,950, in line with local comparables, and has seen significant capital growth over the past decade, with local terrace properties increasing in value by 47-53%. The rental market in Lincoln has also seen significant growth, with rents increasing by 68% over the past 5 years.