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2 bedroom terraced house for sale

Peel Street, Lincoln

Sold by Us £124,950

Property Description

Key features

  • Let for 18/19 Academic Year to Students - 50 Week Tenancy
  • Achieving 1000pcm, Fully Furnished, Bills Included
  • Investment House Share
  • 2 Double Bedrooms
  • Fully Refurbished
  • Approx. Annual Gross Rental Yield 9.2%
  • Great Central Location
  • 15 Min Walk to University of Lincoln
  • Includes All Furniture
  • EPC Rating C

Full description

Tenure: Freehold

Let for 18/19 Academic Year.

Cloud Lettings Investment Sales are pleased to offer this fully refurbished 2 bedroom mid terrace house share located in a central position, off the High Street, Lincoln, just a 15 minute (approx.) walk to the University of Lincoln along with being close to a range of local amenities.

Set over 2 floors, the main door leads into the entrance hall with the property offering a different layout to the usual mid terraces. The stairs are to the right, with the ground floor offering the living room, dining room open plan to modern kitchen. The first floor holds the 2 double bedrooms and the good sized shower room.

The exterior offers a low maintenance rear garden with on street parking to the front.

The property has been let for the next academic year (18/19) beginning 1st September 2018 and expiring on the 14th August 2019, generating £1,000pcm on a fully furnished, bills inclusive basis. This would give an annual rent of £11,500 based on a 50 week contract which equates to an approx. annual gross rental yield of 9.2%.

The property is also being marketed on the same basis in hope of securing tenants on a short term basis prior to August 2018.

The property will also be sold fully furnished as to ensure the tenancies can continue to run smoothly.

EPC rating - C
Council Tax Band A
Lincoln City Council

Contact Us:

Interested in viewing or would like some further information, contact us now on the information below or visit our offices 41 Carholme Road, Lincoln, LN1 1RN.

Call: 01522 802020 | Text: 07956 735 088 | Email:

Investment Sales & Valuations:

Specialising in investment sales, we know the key to achieving the best possible price is by understanding every aspect of the investment market. Our knowledge of local market changes will ensure you are best placed from the outset. With our years of lettings experience, we also understand the importance of keeping tenants happy, after all, what's an investment without them. We'll keep your tenants fully informed from day one, easing any concerns, amicably organising viewings to suit them, as well as keeping any transition of owner as smooth as possible. You shouldn't need to wait until your tenants vacate before selling your property (leaving you with void periods). If it's done properly, the tenants really shouldn't notice, our lettings team and the fully managed service will ensure this is the case.

Investment properties have to be treated differently to the run of the mill Residential Sales. As a property owner, you can take confidence that Cloud Lettings understands and thrives in the market of investment sales, we will do all we can to ensure you realise the best price possible.

So if you're looking to invest in Lincoln and want an honest and genuine chat before you start your search or have an investment property you want to sell, please get in touch with us on:

Call: 01522 802020 | Email:

Lettings Services:

Lettings is our bread and butter, we have years of experience and our fantastic team can offer a comprehensive fully managed service to landlords who have quality, well maintained properties to let whether it be a residential or student / house share. We also offer an unrivalled understanding of the student lettings market and the advantage of well established relationships with both Universities in Lincoln, we have the knowledge and resources to effectively market and manage student properties. Looking to let your property, give us a call on the number above.


Whilst we endeavour to create accurate and reliable sales particulars, they, along with all floorplans and measurements provided are only a general guide to the property and do not constitute as fact or form part of any offer or contract.

It is your responsibility to independently verify the particulars. Neither Cloud Lettings Ltd nor any of its employees or agents has any authority to make or give any representation or warranty in relation to this property. 

More information from this agent

Listing History

Added on Rightmove:
15 March 2018


Map & Street View

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