2 Bed Terraced House For Sale St. Faiths Street, Lincoln, LN1

£160,000- Terraced

1 of 6
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 8th May 2024

Description

ATTENTION INVESTORS!! 9.75% GROSS YIELD!!Located within easy walking distance of The University of Lincoln is this very well maintained property on St Faiths Street which is fully let until August 2025, generating a healthy £15,600 per annum which equates to an impressive gross return of 9.75%. The property has been well modernised, with an excellent rental track record and has accommodation which briefly comprises lounge, modern kitchen with door to the rear garden and two double bedrooms which both have modern ensuite shower rooms. Outside the property has an enclosed courtyard garden. Council tax band: A. Freehold.
Agent Details
Starkey & Brown
34, Silver Street, Lincoln, LN2 1EH
Show Contact Number
01522 845 845

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 2 bedroom property. See more properties like this.

£270,000
Lincoln, LN1
Terraced
9.5
£235,000
Lincoln, LN1
Semi Detached
9.1
£275,000
Lincoln, LN1
Terraced
9
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested