Summary -
Flat 1 St. Margarets Lodge,2, Upper Lindum Street,LINCOLN,LN2 5RN
LN2 5RN
1 bed 1 bath Block of Apartments
**Standout Features:**
- Four luxury apartments in a historic Victorian residence
- Prime location in the Cathedral Quarter of Lincoln
- Detached double garage for off-road parking
- Close proximity to local attractions (Lincoln Cathedral, Castle, and Bailgate)
- Generating income potential as boutique holiday lets
- Spacious and airy interiors with high ceilings
**Concerns:**
- EPC ratings vary from E to C, indicating some energy efficiency improvements needed
- The crime rate in the area is very high
- The property is situated in an area classified as deprived
**Summary:**
Discover an exceptional investment opportunity in the heart of Lincoln's historic Cathedral Quarter, featuring a stunning Victorian residence divided into four luxury apartments. Perfectly located just steps away from iconic landmarks such as Lincoln Cathedral, this property combines historical charm with contemporary living, boasting spacious interiors with high ceilings and potential for further accommodation in the basement area.
Each of the four apartments has previously operated as a successful boutique holiday let, making this a lucrative opportunity for investors looking to capitalize on the thriving tourism market. The property includes a detached double garage and an attractive garden, creating a serene environment amidst the city's lively attractions.
While the crime rate in the area is notably high and the energy performance certificates indicate room for improvement, this unique property offers a blend of comfort and potential, ripe for future renovations or elevating its rental appeal. Don’t miss this exclusive chance to own a piece of Lincoln’s rich history while investing in a promising income-generating asset!
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