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2 bed property, in Putnam Drive, £115,000
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2 bed flat

Putnam Drive, Lincoln, Lincolnshire LN2
£115,000
-4.2%

Price History

Initial price £130,000
Jan 10, 2025 £125,000
Dec 27, 2025 £120,000
May 14, 2026 £115,000
Price Change -4.2%

Our Summary

  • Currently tenanted and being sold with either the current tenant in situ to offer a fantastic investment opportunity which could achieve you a gross yield of circa 8% or open to first time buyers

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Description

This modern first-floor duplex apartment, located at 21 Putnam Drive, offers a fantastic opportunity for first-time buyers or investors. The property features an open-plan kitchen, living, and dining area, two bedrooms, and a shower room. It also comes with an allocated parking space and is currently tenanted, providing a gross yield of around 8% for investors.

The property is leasehold and falls within the City of Lincoln Council's Band A for council tax, with an EPC grade of C. The apartment is being sold with the current tenant in situ, allowing buyers to capitalize on the existing rental income or opt for a fresh start as a first-time buyer.