6 bedroom End of terrace house
Percy Street, Lincoln
£180,000
Alternatively you can call us on 01522 217126 or visit our Lincoln And North Hykehambranch
Guide Price £180,000 - £200,000 Fully let 6-bed property on Percy Street, Lincoln, generating £1,425pcm (£17,100pa) with tenants responsible for bills. Offering a strong 7.8% gross yield at £220,000, this is a superb, low-maintenance investment in a consistently popular location.
Ready made investment.
This spacious six-bedroom property offers an excellent opportunity for investors seeking a strong, income-producing asset in one of Lincoln’s most popular rental locations. Situated on Percy Street, an area well regarded for its appeal to both students and young professionals, the property is currently fully let and generating £1,425 per calendar month (£17,100 per annum). At an asking price of £180,000 - £200,000 , this provides an attractive gross yield of approximately 7.8%, making it an ideal ready-made investment.
Importantly, the property is let as a whole under a single tenancy agreement, with the tenants themselves responsible for the payment of utilities and household bills. This arrangement minimises ongoing landlord costs and ensures a straightforward, hassle-free rental income.
The accommodation is arranged over two floors and briefly comprises an entrance hall leading to a comfortable communal lounge and a fitted kitchen with ample storage and preparation space. Also on the ground floor are two good-sized bedrooms, a shower room, and a separate WC. To the first floor, there are four further bedrooms along with an additional shower room, providing well-balanced and practical accommodation for a group let.
Externally, the property enjoys a private, enclosed garden to the front, while on-street parking is available immediately outside.
Percy Street remains one of Lincoln’s most consistently popular rental areas thanks to its convenient access to the city centre, the University of Lincoln, and a wide range of local amenities. With strong demand, a proven rental track record, and minimal landlord overheads, this property represents a secure investment with income from day one, alongside excellent potential for future capital growth.
This is a rare opportunity to secure a high-yielding, low-maintenance investment property in a thriving rental market.
Property Reference: HRT017337280
Ground Floor
Entrance Hall
Bedroom One
Communal Room
Kitchen
Hallway
Shower Room
Separate WC
Shower Room
Bedroom Two
First Floor
First Floor Landing
Bedroom Three
Bedroom Four
Bedroom Five
Bedroom Six
About Lincoln
Lincoln is a historic cathedral city and county town in Lincolnshire with a population of over 100,000. Nearby North Hykeham has over 16,000 residents, a popular suburban alternative with strong links into Lincoln city centre. As well as offering plenty of historic charm, Lincoln offers great value housing and rental properties
Positioned close to the A46 and A15 Lincoln benefits from good road connectivity across Lincolnshire and towards the Midlands. Lincoln Central railway station offers direct services to a range of destinations, including London, where it takes no more than 3 hours to get to Liverpool Street Station.
Lincoln and Hykeham also have a multitude of schools, contributing to the areas’ strong family appeal. Over the past couple of decades, Lincoln has experienced a significant amount of regeneration, with the Engine Shed music venue and the performing arts centre strengthening the city’s cultural offering. While the redevelopment of the Brayford Waterfront, close by to the University of Lincoln has transformed the area into a lively hub of restaurants, bars and residential apartments.
Exciting residential developments continue to shape the city’s growth, particularly around Brayford Waterfront and at Burton Waters, a sought-after marina development to the north-west of Lincoln.
£0
Average price paid in Lincoln
Is this your dream property?
1. Contact the agent - don't delay
If this is your dream property it may be someone else's too. Request a viewing and ensure you don't miss out.
2. Check affordability
Not sure if you can afford this property? Try our handy mortgage calculator tool.
3. Selling a property?
Sellers generally favour offers from people who are not in a chain, or have at least begun the selling process.
Request a viewing with the local branch
Not your dream property?
Search similar properties
We have a range of properties on the market at the moment, so take a look at our other properties.
Sign up for our property alerts
Let us know what you are looking for and we can keep you up to date if an ideal property comes to the market.
More tips and advice for buyers
Buying is a big decision and not one we take many times in our life. Don't worry our series of simple guides will help you make sense of it all.
