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Kesteven Street, Lincoln

PROPERTY TYPE

Terraced

BEDROOMS

6

BATHROOMS

2

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

  • Article 4 - House & Separate Annexe
  • Approx Income £36k Per Annum With Scope For £42k
  • Permit Parking
  • Perfect Investor Buy
  • Four Bedroom House With Two Bedroom Annexe
  • Viewings Taking Place Academic Year 2027-2028
  • City Centre Location
  • Call Today To View

Description

Starkey&Brown are delighted to offer for sale this unique six-bedroom Article 4 investment opportunity, situated on Kesteven Street in Lincoln. Arranged as two separate dwellings, comprising a four-bedroom main property together with a self-contained two-bedroom annex, this is a rare opportunity to acquire a substantial income-producing investment in a convenient city centre location. The property is currently let until next year, allowing the incoming purchaser to benefit from an existing rental income from completion, subject to the terms of the tenancy arrangements. The current rental income is approximately £36,000 per annum, with the potential to increase this to around £42,000 per annum, offering further scope for an investor looking to maximise the property’s earning potential. The main dwelling provides four bedrooms, a separate lounge, kitchen and bathroom, together with a small, low-maintenance rear garden. In addition, there is a separate two-bedroom annex, which benefits from its own lounge, kitchen and bathroom, providing a second self-contained living space. The property benefits from a valid HMO licence, with the relevant compliance and safety documentation in place, making this an appealing investment opportunity. Permit parking is available to the front of the property. Kesteven Street is ideally positioned for access to Lincoln city centre and its extensive range of amenities. The location is particularly attractive for the student rental market, with the University of Lincoln, Bishop Grosseteste University and the city’s popular student areas all within convenient reach. Lincoln offers a wide selection of shops, supermarkets, restaurants, bars and leisure facilities, alongside excellent public transport links and Lincoln railway station. Offering six bedrooms across two separate dwellings, an established rental income, potential for increased returns. Viewings are now take place for the academic year 2027-2028. This is a fantastic opportunity to acquire a unique investment property in a popular Lincoln location. Council tax band: A. Freehold.

uPVC composite door leading to:

Hall

Recently fitted commercial grade LTV, a radiator, and a staircase to the first floor. Access to:

Bedroom 1

12' 3'' x 12' 1'' (3.73m x 3.68m)

Having a uPVC double-glazed window, carpeted, and a radiator.

Lounge

15' 8'' x 11' 8'' (4.77m x 3.55m)

Having a uPVC double-glazed window, an understairs storage cupboard, recently fitted commercial-grade LTV, and access to:

Kitchen

11' 11'' x 6' 8'' (3.63m x 2.03m)

Having a range of matching wall and base units with countertops, space and plumbing for appliances, space for a fridge-freezer, an electric oven with an overhead extractor fan, a 4-ring electric hob, a uPVC double-glazed window, and recently fitted commercial-grade LTV flooring. Open access leading to:

Lobby

Having a uPVC door leading to the rear.

First Floor Landing

Carpeted. Access to:

Bedroom 2

15' 3'' x 7' 6'' (4.64m x 2.28m)

Having a uPVC double-glazed window, carpeted, a radiator, and a built-in storage cupboard.

Bedroom 3

12' 0'' x 8' 8'' (3.65m x 2.64m)

Having a uPVC double-glazed window, carpeted, and a radiator.

Bedroom 4

10' 0'' x 8' 11'' (3.05m x 2.72m)

Having a uPVC double-glazed window, carpeted, and a radiator.

Shower Room

Three-piece suite comprising low-level WC, wash hand basin, walk-in shower cubicle, a uPVC frosted window, tiled flooring, tiled walls, and a radiator.

Outside Front

Permit parking.

Outside Rear

Artificial turf and access to the annexe.

Annexe

A uPVC door leading to:

Lounge

Having a uPVC double-glazed window, carpeted, a radiator, and a staircase to the first floor. Leading to:

Kitchen

10' 5'' x 8' 11'' (3.17m x 2.72m)

Having a range of matching wall and base units with countertops, a stainless steel sink with mixer taps, space and plumbing for appliances, uPVC double-glazed windows, tiled flooring, an electric oven with a 4-ring electric hob and an overhead extractor fan. Access to:

Shower Room

Three-piece suite comprising a low-level WC, wash hand basin, walk-in shower cubicle, uPVC double-glazed frosted window, tiled floor and tiled walls, and a radiator.

Bedroom 5

11' 9'' x 11' 0'' (3.58m x 3.35m)

Having a uPVC double-glazed window, carpeted, and a radiator.

Annexe Second Floor

Bedroom 6

15' 3'' x 12' 4'' (4.64m x 3.76m)

Having a uPVC double-glazed window, carpeted, and a radiator. Access to the boiler cupboard. The gas combination boiler is less than 2 years old.

Agents Note

Both dwellings are being sold as one.

Agents Note 1

There is a valid HMO license, and all compliance is up to date.

Agents Note 2

The annexe has its own access from Cross Street. There is also access from the main residence.

Brochures

Property BrochureFull 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.
Yes
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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Kesteven Street, Lincoln

Approximate location
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Affordability

Monthly repayments£1,462
Property: £ 295,000
Deposit: £ 29,500
Interest rate: 5.22%
Term: 30 years
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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
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About Starkey & Brown, Lincoln

34A Silver Street, Lincoln, LN2 1EH
Industry affiliations:

Starkey&Brown is your local dedicated estate agents, committed to helping you sell your home with ease.

With offices in Lincoln and Scunthorpe, our consultants really do know what it takes when it comes to selling or buying property, whatever the weather.

Since our official opening of the Lincoln office in January 2006 and the Scunthorpe office in January 2013 by David Starkey and Michael Brown, Starkey&Brown has become one of Lincolnshire's fastest growing estate agents, with an enthusiastic and passionate team on hand to help you move as swiftly and efficiently as possible.

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Disclaimer - Property reference 12907716. 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 Starkey & Brown, 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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