Main image of 2 bedroom Mid Terrace House for sale, Spencer Street, Lincoln, Lincolnshire, LN5
Living Room
Living Room
Kitchen
Kitchen
Kitchen
Bedroom 1
Bedroom 1
Bedroom 2
Bathroom
Outside
Outside
£100,000 Guide price

2 bedroom Mid Terrace House for sale,
Spencer Street, Lincoln, Lincolnshire, LN5

Features and Description

  • For sale via modern method of auction
  • Terms & conditions apply
  • Being sold with tenant in situ
  • Subject to reserve price
  • EPC grade D
  • City of Lincoln Council
  • Council tax band A
  • No onward chain

***THE PERFECT ADDITION TO THE INVESTMENT PORTFOLIO OR FIRST TIME PURCHASE***

Welcome to 27 Spencer Street. This neat and tidy Two bedroom Mid-Terraced is situated in a highly sought after location close to Lincoln City Centre. We believe looking at comparable evidence the market rent is around £800pcm which would give an investor a gross yield of 7.68% based on the current asking price.

Briefly comprising; Living Room, Kitchen, Two Bedrooms, Bathroom. Also benefitting from a fully enclosed Rear Courtyard and Parking is available on street.

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.

Spencer Street, Lincoln, Lincolnshire, LN5

Additional Information

  • Property ref
    LIN250208
  • EPC
    D
  • Tenure
    Freehold
  • Council Tax
    A
  • Local authority
    City Of Lincoln Council
Anita Cragg Branch Manager
Anita Cragg
Area Director

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Your Move Estate Agents Lincoln

Lincoln Branch Manager
Your Move Lincoln
44-45 Silver Street, Lincoln, LN2 1EH
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Buyer Tools

Mortgage Calculator

Monthly payment

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Borrowing £90,000 and repaying over 25 years with a 2.5% interest rate.

Now you know what you could be paying, book an appointment with our partners Embrace Financial Services to find the right mortgage for you.

Stamp duty calculator

Calculate

You would pay

This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.

Nearby locations
Photos
Floorplan
Map view
Street view
Main image of 2 bedroom Mid Terrace House for sale, Spencer Street, Lincoln, Lincolnshire, LN5
Living Room
11'10" x 11'2" (3.60m x 3.40m)

uPVC front entrance door, double glazed window to front aspect, fire with feature brick surround, radiator, stairs rising to first floor.

Living Room Living Room
Kitchen
11'10" x 11'2" (3.60m x 3.40m)

Being fitted with a range of eye level wall and base units with contrasting work surfaces fitted over, space for cooker, fitted extractor hood, stainless steel sink with drainer, space for fridge freezer, space and plumbing for washing machine, double glazed window to rear aspect, rear door, understairs storage cupboard, radiator.

Kitchen Kitchen Kitchen
Bedroom 1
11'10" x 11'2" (3.60m x 3.40m)

Double glazed window to front aspect, radiator, storage cupboard.

Bedroom 1 Bedroom 1
Bedroom 2
11'10" x 6'11" (3.60m x 2.10m)

Double glazed window to rear aspect, radiator.

Bedroom 2
Bathroom

Comprising of panelled bath with shower fitted over, low level WC, pedestal wash hand basin, double glazed frosted window to rear aspect, radiator.

Bathroom
Outside

There is a low maintenance rear courtyard which is fully enclosed by fencing. Parking is available on street (no permit required).

Outside Outside

The pin shows the exact address of the property

Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

59

Potential

80

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A