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2 bedroom terraced house for sale
Chelmsford Street, Lincoln, Lincolnshire, LN5
£135,000
Chelmsford Street, Lincoln, Lincolnshire, LN5
£135,000
Our Summary
- Two-Bedroom Student Terraced House - Turnkey Investment Opportunity This well-presented two-bedroom terraced house offers an excellent investment opportunity in Lincoln's highly sought-after LN5 area
- Its straightforward terrace configuration ensures ease of management, while the adaptable interior offers potential for refurbishment or modernisation to enhance rental yields further
- Whether acquired as a turnkey investment or a refurbishment project aimed at increasing income, it offers significant prospects for capital growth and enhanced yield in one of Lincoln's most popular student letting locations
- Turnkey investment with potential for refurbishment and rental growth
Description
This two-bedroom terraced house in Lincoln's LN5 area offers a turnkey investment opportunity with a strong rental income stream. The property is located within walking distance of the University of Lincoln and local amenities, with consistent tenant demand and high occupancy rates. The property has a comfortable and practical layout, with two generously sized bedrooms, a fitted kitchen, and a private rear yard. It currently achieves an annual income of £13,000 including bills, providing immediate and dependable returns. With a location in a thriving student area and a history of high occupancy, it represents a solid, low-risk investment with significant prospects for capital growth and enhanced yield. The property offers a straightforward layout and adaptable interior, making it an attractive option for investors seeking a reliable, low-maintenance asset.