Summary -
3 Abbottsford Way,LINCOLN,LN6 8DG
LN6 8DG
3 bed 2 bath Semi-Detached
Let property with immediate income and stable long-term tenants.
Three bedrooms with living room, kitchen/diner, bathroom plus separate WC
A straightforward investment in Lincoln: this three-bedroom semi-detached freehold sits on a small plot with private driveway parking and front and rear gardens. The property is let to long-term tenants who have paid reliably and intend to remain, providing immediate rental income and minimal void risk for a purchaser looking for an income-producing asset.
The house offers a medium-sized living room, a kitchen/dining area, three bedrooms, a modern three-piece bathroom plus an additional WC. Constructed in modern brick with tidy external presentation, the home is compact (approximately 796 sq ft) and suited to buy-to-let portfolios or developers seeking a small-scale refurbishment project.
Current gross rental income is £9,240 per year, giving an approximate gross yield of 4.7% at the listed price of £196,000. That income and the existing tenancy are key value drivers for investors; any change of use or refurbishment could increase rental value but would require additional capital and tenant liaison.
Important considerations: the plot and overall internal floor area are small, which limits expansion potential. A Buyers Premium applies on sale to secure purchase. The property is sold with tenants in situ—viewings and vacant possession will depend on tenancy terms. Prospective purchasers should review the Let Property Pack for full tenancy documentation, income history and any required permissions before exchange.
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