Summary - 57 GAUNT STREET LINCOLN LN5 7PU
3 bed 1 bath Terraced
City-centre fixer with high rental potential for hands-on investors.
Three bedrooms: two doubles and one single
A compact three-bedroom Victorian terrace a short walk from Lincoln city centre, offered for sale via secure online auction. The property sits on a small plot with an enclosed rear garden and benefits from double glazing, mains gas central heating and freehold tenure. At £105,000 it presents a low-entry opportunity for investors or buyers prepared to refurbish.
Internally the layout includes two reception rooms, a downstairs bathroom, two double bedrooms and one single. Period features such as a Victorian fireplace remain, but many finishes are dated and the living room and floors will need renovation. The property has solid brick walls with no known insulation and may require upgrade works to meet modern standards.
This house is best suited to investors or hands-on buyers aiming to add value through refurbishment or rental improvement. It has strong rental appeal due to proximity to the city centre and local schools, fast broadband and excellent mobile signal. Note the area records very high crime levels; purchasers should factor security and management into plans.
Practical considerations: the sale is by auction/secure online bidding with terms applying, viewings are recommended, and parking is on-street with a permit area. Council Tax Band A and low flooding risk are additional practical positives.
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