Terraced house for sale in St Andrews Place, Lincoln LN5

£140,000
Interested in this property? Call +44 1673 847059 * or Request Details

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Terraced house for sale - 3 bedrooms

3 1 2

Tenure:
Freehold
Council tax band:
A

Utilities and more details

Property features

  • Central city location, near amenities
  • Lounge & kitchen-diner
  • Ground floor bathroom
  • 3 bedrooms to first floor
  • Ideal investment opportunity
  • Potential gross yield of 7%
  • Perfect 1st time buy home
  • Improved energy efficiency. Rated: C
  • Tenure: Freehold
  • Council tax band: A

Property description



This centrally located three-bedroom terrace house at 8 St Andrews Place, Lincoln, presents a fantastic opportunity for both investors and first-time buyers. Nestled in the heart of Lincoln City, the property enjoys close proximity to a wide range of local amenities, ensuring convenience and accessibility for its residents.

The house offers a well-thought-out layout that includes a welcoming living room. The kitchen-diner provides a spacious and functional area for meal preparation and dining. The ground floor also features a family bathroom, adding to the practicality and convenience of the home.

On the first floor, you will find three bedrooms, offering flexibility for various living arrangements, whether it be for a small family, working professionals, or as rental accommodation. The property is further enhanced by a small courtyard garden to the rear, providing a private outdoor space that’s perfect for enjoying fresh air or creating a cosy outdoor seating area.

One of the key benefits of this property is the external insulation that was installed in 2015, which has significantly improved its energy efficiency. This work is backed by a 25-year guarantee, offering peace of mind and long-term savings on energy costs. The property boasts an impressive C energy rating, making it more economical to run and appealing to energy-conscious buyers.

With a potential gross yield of approximately 7%, this property represents a solid investment opportunity. Additionally, being in Council Tax Band A, it offers affordability not just in the purchase price, but also in ongoing costs, making it an attractive option for those looking to step onto the property ladder or expand their investment portfolio. This home combines central city living with practical features and strong investment potential, making it a smart choice for a variety of buyers.

EPC rating: C.

Living Room (3.49m x 3.02m (11'6" x 9'11"))

Double glazed window to front aspect, uPVC double glazed front entrance door, laminate wood flooring, and radiator..

Kitchen / Dining Room (4.25m x 3.04m (13'11" x 10'0"))

Fitted base and wall units with contrasting roll edge work surface, single stainless steel unit, 4 ring gas hob, integrated oven, extractor canopy, tiled splash backs. Laminate wood flooring, radiator, and double glazed window to rear aspect.

Utility (1.85m x 1.06m (6'1" x 3'6"))

Laminate wood flooring, roll edge work surface, space and plumbing for washing machine, and uPVC double glazed rear entrance door.

Bathroom (1.85m x 1.69m (6'1" x 5'6"))

Fitted suite comprising, low level WC, pedestal wash hand basin, panelled bath with mains shower unit over and glazed shower screen. There are fully tiled walls, heated towel rail, vinyl flooring, and double glazed window to rear aspect.

Landing (3.30m x 1.13m (10'10" x 3'8"))

Access to roof space.

Bedroom 1 (3.50m x 3.33m (11'6" x 10'11"))

Double glazed window to front aspect, radiator, and built-in over the stairs storage cupboard.

Bedroom 2 (3.29m x 2.24m (10'10" x 7'4"))

Double glazed window to rear aspect, and radiator.

Bedroom 3 (2.91m x 1.91m (9'6" x 6'4"))

Double glazed window to rear aspect, and radiator.

Outside

Rear Garden

Small enclosed courtyard garden to the rear.

Property info

Floorplan(s): Floorplan Floorplan Floorplan

Floorplan View original

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For more information about this property, please contact
Lovelle Estate Agency, LN8 on +44 1673 847059 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Lovelle Estate Agency, and do not constitute property particulars. Please contact Lovelle Estate Agency for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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