2 bedroom Mid Terrace House for sale,

Henry Street, Lincoln, Lincolnshire, LN5

3 Henry Street, Lincoln, LN5 7XF

Investment Opportunity | City Centre Location | Tenants in Situ

Offered for sale via Modern Method of Auction, this two-bedroom terraced house presents an excellent opportunity for investors seeking a ready-made buy-to-let property in a highly convenient Lincoln city centre location.

The property is currently tenanted, achieving a rental income of £550 per calendar month, with clear scope to increase. Based on current market demand, the property offers a potential rental return of approximately £800 PCM, subject to relevant consents and market conditions.

Situated within easy walking distance of Lincoln city centre, local amenities, transport links, and employment hubs, demand for rental properties in this area remains consistently strong.

Freehold/City of Lincoln Council-Band A/EPC Grade D.

Auctioneer Comments

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.