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3 bed property, in Spa Street, £120,000
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3 bed terraced house

Spa Street, Lincoln, Lincolnshire LN2
£120,000

Our Summary

  • 7 Spa Street, Lincoln, LN2 5NQ A Three-Bedroom Victorian Mid-Terraced Home with Excellent Potential Asking Price: £120,000 Situated within easy walking distance of Lincoln's vibrant city centre, this three-bedroom mid-terraced property presents an excellent opportunity for first-time buyers, investors, or anyone looking to create a home tailored to their own tastes
  • Requiring a degree of modernisation and cosmetic improvement, the property offers spacious accommodation throughout and represents outstanding value, with the potential to add significant value through refurbishment
  • For investors, the property offers an attractive buy-to-let opportunity, with an anticipated rental income of approximately £875–£895 per calendar month following cosmetic improvement

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Description

The property is a three-bedroom Victorian mid-terraced home with a side entrance door and stairs rising to the first floor. The ground floor features a lounge (3.47m x 3.49m) with a double-glazed window to the front aspect and a radiator, a dining room (4.67m x 3.59m) with a double-glazed window to the rear aspect and a radiator, and a kitchen (5.06m x 2.08m) with a range of fitted units, a gas oven, a stainless steel sink unit, and a double-glazed window to the side aspect. The first floor has three bedrooms, each with a double-glazed window, a radiator, and storage space.

The property also has a bathroom (2.26m x 2.09m) with a panelled bath tub, a low-level WC, and a pedestal wash hand basin. Outside, there is on-street parking and a fully enclosed, low-maintenance courtyard to the rear.