5 bedroom end of terrace house for sale

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5 bedroom end of terrace house for sale

Alexandra Terrace, Lincoln
£260,000

Our Summary

  • DESCRIPTION Attractive Student Investment Close to Lincoln University and City Centre - An appealing investment opportunity located in the heart of Lincoln, just a short walk from Lincoln University, the High Street and the historic Bailgate and Cathedral Quarter

Description

This attractive student investment property is located in the heart of Lincoln, just a short walk from Lincoln University, the High Street, and the historic Bailgate and Cathedral Quarter. The property is currently let for the 2024/25 academic year at £29,235 per annum, offering a strong gross yield of approximately 11.24%. The central location ensures high demand from students, with easy access to the university campus, city centre amenities, shops, restaurants, and public transport links. The property features a living room, kitchen, lobby, and two bathrooms serving five lettable bedrooms, providing comfortable and practical shared living spaces. The property benefits from a low-maintenance rear courtyard, mains services, and gas-fired central heating, making it an attractive opportunity for investors seeking reliable income in one of Lincoln's most convenient and desirable student locations.