Summary - 11 ABBOT STREET LINCOLN LN5 7SN
3 bed 1 bath Terraced
**Standout Features:**
- Charming Victorian brick facade with bay windows
- Freehold ownership, chain-free, providing quicker transactions
- Currently generating rental income of £900pcm (6.64% yield)
- Features a modern kitchen and a convenient downstairs bathroom
- Compact garden with decking area for outdoor relaxation
- Close to highly-rated schools and local amenities
**Potential Downsides:**
- On-street parking only
- Average room sizes may not suit larger families
- High crime rate in the area
- Limited insulation could lead to higher heating costs
**Summary:**
Discover this inviting three-bedroom mid-terrace home nestled in the heart of Lincoln, perfect for first-time buyers or those looking for a solid investment opportunity. With its delightful Victorian features, including bay windows and characterful brickwork, this freehold property boasts a welcoming living space complemented by a modern kitchen and a practical downstairs bathroom. The layout includes two double bedrooms and one single upstairs, catering to family living.
Outside, enjoy a cozy garden with decking—ideal for entertaining or children to play. The property is currently rented at a competitive rate, offering impressive yield potential—perfect for investors looking for immediate returns. With close proximity to well-rated schools and a variety of local amenities, this home balances comfort and convenience in a vital city settlement. However, do note the on-street parking and the potential impact of local crime levels. Don’t miss out on this opportunity; homes like this are in short supply!
3 bedroom terraced house for sale in Ripon Street, Lincoln, Lincolnshire, LN5 — £163,500 • 3 bed • 2 bath • 1145 ft²
3 bedroom terraced house for sale in Cromwell Street, Lincoln, LN2 — £130,000 • 3 bed • 1 bath • 926 ft²
4 bedroom terraced house for sale in Foster Street, LINCOLN, Lincolnshire, LN5 — £170,000 • 4 bed • 1 bath • 853 ft²
3 bedroom terraced house for sale in Abbot Street, Lincoln , LN5 — £175,000 • 3 bed • 1 bath • 1161 ft²
3 bedroom terraced house for sale in Montague Terrace, LINCOLN, Lincolnshire, LN2 — £130,000 • 3 bed • 1 bath • 765 ft²
2 bedroom terraced house for sale in Henley Street, Lincoln, Lincolnshire, LN5 — £110,000 • 2 bed • 1 bath • 692 ft²
