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Get brand editions for Kinetic Estate Agents Limited, Lincoln

Foster Street, Lincoln, Lincolnshire, LN5 7QE

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Floorplan 1
1

Key features

  • Three Double Bedroom Mid-Terrace Home
  • Tenants In Situ
  • £1,200 PCM Rental Income
  • £14,400 Annual Rental Income
  • Spacious Lounge
  • Fitted Kitchen
  • Ground Floor Double Bedroom
  • Family Bathroom
  • On-Road Parking
  • Ideal Buy-To-Let Investment

Description

Tenanted Three Bedroom Mid-Terrace Investment Opportunity

Foster Street presents an excellent opportunity for investors seeking a fully let property with tenants already in situ, generating an annual rental income of £14,400 (£1,200pcm). This well-proportioned three-bedroom mid-terrace home offers flexible accommodation arranged over two floors, with all three bedrooms being generous doubles, making it particularly attractive as a shared rental investment.

What Kinetic Estate Agents Love About This Property

"Properties with tenants already in place offer investors immediate income from completion, and this one provides a strong return from day one." — Rob Webb, Director

"The layout works exceptionally well for shared occupancy, with three genuine double bedrooms and well-balanced living accommodation." — Nina Sharpe, Sales and Lettings Director

"The combination of spacious rooms, a central location and established tenancy makes this an appealing addition to any buy-to-let portfolio." — Louis Clayton, Sales Negotiator

Step Inside

The accommodation is arranged over two floors and offers surprisingly spacious living throughout. Entering the property, you will find a comfortable lounge providing the main living area, alongside a fitted kitchen offering ample space for day-to-day use.

To the front of the ground floor is Bedroom One, a well-proportioned double room that provides flexibility for occupiers and contributes to the property's successful rental arrangement.

The first floor comprises two further double bedrooms, both generous in size and capable of accommodating a full range of bedroom furniture. Completing the accommodation is a family bathroom serving all three bedrooms.

Externally, the property benefits from on-road parking and enjoys a convenient position close to local amenities and transport links.

The property is currently let and producing a rental income of £1,200 per calendar month (£14,400 per annum)

Current Monthly Outgoings:
Council Tax: £129pcm
Water: £68pcm
Energy: £140pcm

Life in the Foster Street Area

Foster Street enjoys a convenient residential setting with easy access to local shops, schools, leisure facilities and transport connections. The property's location continues to prove popular with tenants thanks to its accessibility and proximity to everyday amenities, helping support strong ongoing rental demand.

Material Information
(Provided by the Seller)

Part A – Key Facts
Tenure: Freehold
Council Tax Band: A
Property Type: Mid-Terrace House
Bedrooms: 3
Bathrooms: 1
Parking: On-Road Parking
Management Fee: None

Part B – Utilities & Services
Electricity: Mains Electricity
Water: Mains Water
Drainage: Mains Drainage
Heating: Gas Central
Glazing: Double Glazed

Part C – Other Information
Construction: Standard
Flood Risk: None
Rights & Easements: None
Covenants: None
Planning Permissions: None

These particulars are intended to give a fair and accurate description of the property but their accuracy cannot be guaranteed and they do not form part of any contract. All measurements, floor areas and distances are approximate and provided for guidance only. Kinetic Estate Agents have not tested any services, systems or appliances and therefore cannot verify that they are in working order. Prospective purchasers should rely on their own inspections, surveys and legal enquiries prior to purchase.

All utility and service information is believed to be accurate at the time of publication. Costs, suppliers and arrangements may be subject to change, and prospective purchasers are advised to make their own enquiries to verify current details.

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.
Back garden
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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Foster Street, Lincoln, Lincolnshire, LN5 7QE

Approximate location
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Affordability

Monthly repayments£728
Property: £ 145,000
Deposit: £ 14,500
Interest rate: 5.33%
Term: 30 years
Powered byNatwest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
See similar nearby properties
Get brand editions for Kinetic Estate Agents Limited, Lincoln

About Kinetic Estate Agents Limited, Lincoln

35 Redwood Drive, Waddington, Lincoln, LN5 9BN

How Kinetic Become The Best in Lincoln

As the best agent in Lincoln, we’re redefining what estate agency should feel like. No corporate jargon, no cookie-cutter processes - just energy, honesty, and real results. Founded to break free from scripted service and micromanagement, we’ve built a team that genuinely cares.

From smart marketing to proper advice, everything we do is tailored and transparent. We’ve got more Facebook reviews than any other local Lincoln agent - and for good reason. Whether you're selling a home or launching a development, we focus on getting it done right, not just done.

Our Values

Our values aren’t corporate buzzwords - they guide how we work in Lincoln as the best estate agents every day. From honest conversations to smart decisions, these principles shape every interaction. Whether we’re helping a seller move on, supporting a local charity, or launching a new development, you’ll feel these values in action from the first call to completion.

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Disclaimer - Property reference KNT_KNT_LFSYCL_1043_1207521835. 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 Kinetic Estate Agents Limited, 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.

*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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