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Newland Street West, Lincoln, Lincolnshire, LN1

Key features

  • Three bedroom terraced house
  • Spacious living accommodation
  • Modern fitted kitchen
  • Family bathroom
  • Private rear garden
  • Self-contained one bedroom maisonette at bottom of garden
  • Ideal investment or multi-generational living
  • Viewing highly recommended

Description

Three Bedroom Terraced Home with One Bedroom Garden Maisonette – Excellent Investment.

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.

The combined rental income delivers an approximate 10% yield potential, with guaranteed rent secured until August 2027.

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.

The property comprises three well-proportioned bedrooms, both offering good natural light, along with a family bathroom fitted with modern fixtures.

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.

Further benefits include good internal space throughout, versatile accommodation, and strong investment potential.

This unique property must be viewed to fully appreciate the additional living space and income potential it provides.

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.
Band: TBC
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.
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Newland Street West, Lincoln, Lincolnshire, LN1

Approximate location

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Renovation potential
Recently sold & under offer
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About Bairstow Eves, Lincoln

21-23 Silver Street, Lincoln, LN2 1EW
Industry affiliations:

Since 1899, Bairstow Eves has provided trusted expertise with extensive local knowledge across London, Essex, Hertfordshire and Kent. Starting in North London, we have grown to have nationwide presence due to our comprehensive support for your property needs alongside a team always ready for a friendly chat. We're dedicated to making your property experience as smooth as possible. If you're looking for help on your property search, contact us today.

Affordability

Monthly repayments£1,204
Property: £ 240,000
Deposit: £ 24,000
Interest rate: 5.33%
Term: 30 years
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Disclaimer - Property reference LIN260027. 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 Bairstow Eves, Lincoln. 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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