3 bed terraced house for sale

Spa Street, Lincoln, Lincolnshire LN2

7 Spa Street, Lincoln, LN2 5NQ

A Three-Bedroom Victorian Mid-Terraced Home with Excellent Potential

Asking Price: £120,000

Situated within easy walking distance of Lincoln's vibrant city centre, this three-bedroom mid-terraced property presents an excellent opportunity for first-time buyers, investors, or anyone looking to create a home tailored to their own tastes.

Requiring a degree of modernisation and cosmetic improvement, the property offers spacious accommodation throughout and represents outstanding value, with the potential to add significant value through refurbishment.

The accommodation briefly comprises an entrance hall, two well-proportioned reception rooms, a fitted kitchen, three bedrooms, and a family bathroom. Outside, there is on-street parking to the front and a private rear garden.

For investors, the property offers an attractive buy-to-let opportunity, with an anticipated rental income of approximately £875–£895 per calendar month following cosmetic improvement.

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

Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

LIN260523/8

Hall

Side entrance door off a shared passageway, stairs rising to first floor.

Lounge (3.47m x 3.49m)

Double glazed window to front aspect, radiator.

Dining Room (4.67m x 3.59m)

Double glazed window to rear aspect, radiator.

Kitchen (5.06m x 2.08m)

Being fitted with a range of eye level wall and base units with contrasting work surfaces fitted over, gas oven with 4 ring gas hob and extractor hood fitted over, stainless steel sink unit with drainer and mixer tap over, double glazed window to side aspect, side door, space and plumbing for appliances, radiator.

First Floor Landing

Bedroom 1 (3.46m x 3.48m)

Double glazed window to front aspect, storage cupboard which has loft access, radiator.

Bedroom 2 (4.14m x 2.14m)

Double glazed window to rear aspect, radiator.

Bedroom 3 (2.99m x 3.14m)

Double glazed window to rear aspect, radiator.

Bathroom (2.26m x 2.09m)

Comprising of panelled bath tub, low level WC, pedestal wash hand basin, double glazed frosted window to side aspect, gas combination boiler, chrome heated towel rail.

Outside

Parking is available on street (no permit required). There is also a fully enclosed, low maintenance courtyard to the rear.

Note To Investors

We believe this property could achieve a monthly rent of £875-£895 pcm.