10 bedroom Terraced House
Monks Road, LINCOLN
£450,000
Alternatively you can call us on 01522 217126 or visit our Lincoln And North Hykehambranch
Rare opportunity to acquire two adjoining three-storey period properties with 11 bedrooms and rear parking. Requiring full refurbishment, they offer excellent development potential, including possible flat conversion, subject to planning.
The option to buy two!
Both properties now require a comprehensive programme of remedial works and modernisation throughout, presenting purchasers with the opportunity to renovate, reconfigure or repurpose the accommodation to suit a variety of end uses, subject to the necessary planning consents.
A particular feature of the combined offering is the private parking area to the rear, accessed via a shared driveway, providing valuable off-road parking that would complement a range of future residential schemes.
The properties may be suitable for conversion into self-contained apartments, redevelopment as high-quality residential accommodation, or other investment opportunities, subject to obtaining the appropriate planning permissions and statutory approvals.
Opportunities to acquire adjoining properties of this scale, with rear parking and significant asset management potential, are seldom available within such close proximity to Lincoln city centre, making this an outstanding proposition for developers, investors and refurbishment specialists.
Property Reference: HRT017341737
About Lincoln
Lincoln is a cathedral city and county town in Lincolnshire with a population of 94,000. Nearby North Hykeham has over 11,500 residents. There are close links to the A46 and A15 and it is a family-friendly area. Lincoln is an ancient cathedral city in the East Midlands. As well as offering plenty of historic charm, Lincoln offers great value rental properties.
Lincoln has a train station, from where it takes no more than 3 hours to get to Liverpool Street Station. Lincoln and Hykeham also have a multitude of schools. Over the last couple of decades, Lincoln has experienced a huge amount of regeneration, with the Engine Shed music venue and the performing arts centre.
Today, there are some exciting new residential developments taking shape at Brayford on Lincoln’s inland harbour, and at Burton Waters, north-west of the city.
£240,943
Average price paid in Lincoln
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