Peel Street, Lincoln, Lincolnshire, LN5
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- SIZE
680 sq ft
63 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Mid Terrace house
- Investment opportunity
- Tenanted - £950pcm
- Two bedrooms
- Upstairs bathroom
- Shared front access
- Two reception rooms
- Rear garden
- In need of some renovation
- Potential to add value (STP)
Description
The property comprises a shared entrance before access into the individual property. The ground floor comprises two reception rooms and a galley kitchen at the rear. The first floor comprises two bedrooms and a family bathroom. Externally there is a rear garden with an outbuilding and a shed.
The property is currently tenanted and generating an income of £11,400 per annum (£950pcm). The current tenancy is periodic.
The property is in need of some updating throughout and would suit either an owner occupier looking to create a personalised home or an investor looking to add to their property portfolio.
Location
Peel Street occupies a convenient position within easy reach of Lincoln's vibrant city centre. Situated just south of the High Street, the property benefits from excellent access to a wide range of amenities including shops, supermarkets, cafés, restaurants, and leisure facilities.
Lincoln's historic Cathedral Quarter, Castle, and the popular Brayford Waterfront are all within walking distance, offering a wealth of cultural, dining, and entertainment options.
The area is well served by local transport links, with Lincoln's mainline railway station and Transport Hub located nearby, providing regular services to Newark, Nottingham, Sheffield, and London. Major road networks including the A46, A15, and A57 are easily accessible, ensuring convenient connections to surrounding towns and cities.
Accommodation
Total gross internal area - 63.36m2/680ft2
Services
We understand the property mains electricity, gas, water and drainage. RPRS has not tested any appliances or services at the property. Interested parties should make their own investigations.
Council Tax
The property is rated A by Lincoln Council. Interested parties should make their own investigations.
EPC
D
Tenure
Freehold
Guide price
£110,000
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Peel Street, Lincoln, Lincolnshire, LN5
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Visit our security centre to find out moreDisclaimer - Property reference 25PS. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by RPRS, Covering London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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