Newland Street West, Lincoln, Lincolnshire, LN1

GBP 240,000
For Sale

Property Details

Bedrooms

3

Property Type

Terraced house

Description

Property Details: - Type: Terraced house - Bedrooms: 3 - Bathrooms: 0

Agent: Bairstow Eves - Lincoln Phone: 01522 397498

Three Bedroom Terraced Home with One Bedroom Garden Maisonette – Excellent Investment.<br/><br/>Situated in a convenient residential location, this well-presented three bedroom terraced property offers spacious accommodation throughout and benefits from the rare addition of a self-contained one bedroom maisonette located at the bottom of the garden, making it ideal for investors, extended family living, or those seeking additional rental income.<br/><br/>The combined rental income delivers an approximate 10% yield potential, with guaranteed rent secured until August 2027. <br/><br/>The main house features a bright and welcoming living room, creating a comfortable space for relaxing or entertaining. The property also offers a modern fitted kitchen with ample worktop and storage space, alongside a generous dining or family area with views over the rear garden.<br/><br/>The property comprises three well-proportioned bedrooms, both offering good natural light, along with a family bathroom fitted with modern fixtures.<br/><br/>To the rear of the property is a private enclosed garden, providing outdoor space perfect for entertaining, gardening, or relaxing. At the bottom of the garden sits a separate one bedroom maisonette, which includes its own living space, kitchen area, bedroom, and bathroom facilities. This additional accommodation offers excellent flexibility, whether used for guest accommodation, independent family living, or as a rental opportunity.<br/><br/>Further benefits include good internal space throughout, versatile accommodation, and strong investment potential.<br/><br/>This unique property must be viewed to fully appreciate the additional living space and income potential it provides.<br/><br/>

Location

Address

Newland Street West, Lincoln, Lincolnshire, LN1

City

LN1

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