Summary -
3-5, Alexandra Terrace,LINCOLN,LN1 1JF
LN1 1JF
5 bed 2 bath End of Terrace
**Standout Features:**
- 5 lettable bedrooms, 2 bathrooms
- Prime central location near Lincoln University
- Let for the 2024/25 academic year at £29,235, yielding approximately 11.24%
- Spacious communal living areas with low-maintenance rear courtyard
- Gas-fired central heating and all mains services connected
- Close to city amenities with a cosmopolitan vibe
**Potential Downsides:**
- Older property may require external maintenance
- Small overall size might not suit all family needs
**Summary:**
Discover a unique investment opportunity in this charming end-of-terrace house on Alexandra Terrace, perfectly positioned just a short stroll from Lincoln University, city amenities, and the historic Cathedral Quarter. This property, currently let for the 2024/25 academic year at an impressive £29,235, offers an attractive gross yield of around 11.24%, making it a prime choice for investors.
Internally, the home features five comfortably sized bedrooms complemented by two bathrooms, perfect for a student lifestyle. The inviting communal living room and modern kitchen create a warm, collaborative environment for residents. Outside, the low-maintenance rear courtyard provides a manageable space for relaxation or gardening.
With its chain-free status and a thriving local community, this property represents a fantastic investment or a cozy home for first-time buyers seeking a vibrant neighborhood. Don’t miss out on this opportunity; explore the potential today!
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