Monks Road, Lincoln, Lincolnshire
- PROPERTY TYPE
Ground Maisonette
- BEDROOMS
2
- BATHROOMS
1
- SIZE
721 sq ft
67 sq m
Description
The property is a well-configured two-bedroom residential asset on one of Lincoln's most consistently tenanted corridors, positioned within the established rental catchment that serves the city's hospital, university, and professional district. Currently producing £795 per calendar month with all utility costs met by the tenant, this is an income-generating acquisition from day one.
The numbers:
Asking price: £89,950
Current rent: £795 pcm
Gross yield: 10.6%
Tenancy: AST commenced 1 April 2026
Bills: tenant's responsibility
Management: A management company is in place at 10% + VAT
The property occupies two floors, with a ground-floor bedroom, kitchen, reception room with cast-iron stove, and shower room. A second double bedroom on the lower ground floor benefits from timber flooring and a good degree of privacy from the main living areas. The enclosed rear garden is low maintenance.
Why this works as an investment:
Proven rental corridor - Monks Road consistently lets to professionals and key workers
Within fifteen minutes of Lincoln County Hospital, the university, and the city centre
Share of freehold between two parties only - clean leasehold structure with no managing agent
Professional tenant in situ - no void period, no setup required
East Midlands house price growth forecast at 24% to 2029 (Savills, July 2025)
Tenure: Leasehold with share of freehold. EPC, gas safety certificate, and electrical installation certificate all current.
This property is listed exclusively through the REALM 47 Investor Clubhouse. Full Investment Dossier - including cashflow projections, comparable evidence, and certificate documentation - is available to registered members at realm47.com/investor-clubhouse.
Service Fee of £3,000 + VAT applies - payable in two parts:
- A non-refundable reservation fee of £1,500 plus VAT
- The balance is due upon legal completion (which is collected and paid by the buyers solicitor)
- 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: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Private garden
- 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
Monks Road, Lincoln, Lincolnshire
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Visit our security centre to find out moreDisclaimer - Property reference LN1536. 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 Realm 47, Hull. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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