3 bed semi-detached house for sale

West Street, Lincoln LN5

A ready-made investment opportunity located within the well-established rental area of West Street, Lincoln, LN5, currently generating £900 pcm from reliable long-term tenants with no arrears history. Positioned close to Lincoln city centre and the University of Lincoln, the property benefits from consistent tenant demand driven by students, professionals and local workers.

Priced below market value due to seller motivation, the property offers investors immediate equity alongside a projected yield of over 6%. Comparable rental properties within the LN5 area are typically achieving between £850–£1,000 pcm for similar terraced and city-centre adjacent homes, supported by strong demand and low vacancy rates.

The property is presented in low-maintenance condition with no major works required, making it an ideal hands-off addition to any investment portfolio.

Please be aware that any systems, appliances, or services depicted in photographs have not been tested by us and are subject to a fixtures and fittings agreement with the seller.

Once an offer is accepted, a deposit of £7,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.

All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.