Summary - 30, Chelmsford Street, LINCOLN LN5 7LL
2 bed 2 bath Terraced
Ready-income Victorian terrace ideal for passive landlords seeking immediate return.
Freehold mid-terrace, city-centre location, no onward chain
Sold fully furnished and newly renovated throughout
Two double bedrooms, each with en-suite shower room
Two reception rooms and contemporary galley kitchen
Fully let and managed until July 2026, £1,508.38 pcm inclusive
EPC C; council tax Band A helps keep running costs low
Very high local crime and very deprived area — increased risk
Small plot, modest room sizes, likely solid brick walls without insulation
A compact, newly refurbished mid-terrace in Lincoln city centre designed for immediate rental income. The property is sold fully furnished and currently fully let and managed until July 2026, delivering £1,508.38 pcm inclusive of bills on a 50-week basis — a predictable income stream for an investor seeking minimal hands-on involvement.
Internally the layout is optimised for lettings: two double bedrooms each with en-suite showers, two reception rooms and a contemporary galley kitchen. The finish is modern and neutral throughout, with double glazing, updated kitchen appliances and efficient gas central heating. The EPC is a C and council tax is band A, helping keep running costs modest for tenants.
Material considerations are direct and important: the surrounding neighbourhood is classified as very deprived with very high crime statistics, which can affect tenant profiles, insurance and void risk. The plot is small with limited or no garden space and room sizes are city-centre modest. Walls are likely solid brick with no known insulation upgrades, which could affect long-term energy performance improvements.
This is a clear buy-to-let proposition for an investor prioritising immediate income and hands-off management rather than long-term capital growth or family amenity. Being freehold and offered with no onward chain makes completion straightforward; however, purchasers should factor local area risk and possible future maintenance or insulation work into valuations.
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