3 bedroom Terraced House For Sale
Drake Street, Lincoln, LN1
£140,000 | Available
Well-presented three-bedroom mid-terrace property currently operated as a student let, generating a projected annual income of £21,060. The accommodation includes a spacious living room, modern kitchen, three double bedrooms, and a bathroom.
Lovelle are delighted to bring to market this well-presented three-bedroom terraced property, currently operated as a student HMO and generating an excellent projected annual income of £21,060 for the forthcoming academic year.
The ground floor features a welcoming living room with stylish décor and wood-effect flooring, offering a comfortable communal space. The modern kitchen is fitted with a range of base and wall units, tiled splashbacks, and integrated appliances, providing both functionality and charm. Completing the ground floor is a generously sized bedroom.
Upstairs, the property offers two further double bedrooms, both light and spacious, along with a bright family bathroom fitted with a white three-piece suite and shower over bath.
Externally, the home benefits from a low-maintenance rear yard and on-street parking to the front.
Located in a popular residential area close to local amenities, transport links, and the university campus, this property represents an ideal turnkey investment opportunity for landlords seeking strong rental yields in a sought-after student area.
EPC rating: D. Council tax band: A, Tenure: Freehold,| Tax Band | % | Taxable Sum | Tax |
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