Summary - 20 WALMER STREET LINCOLN LN2 5NJ
2 bed 2 bath Terraced
**Standout Features:**
- Fully let with long-term tenants in place
- Approx. £13,500 annual income; attractive 9% rental yield
- Two self-contained flats (ground and first floor)
- Private rear garden for the ground floor flat
- Within walking distance to Lincoln city centre, Lincoln College, hospital, and Arboretum
- Low council tax band (A) for budget-friendly living
**Summary:**
This attractive mid-terraced property on Walmer Street offers a lucrative investment opportunity with its two fully let self-contained flats, generating an annual income of approximately £13,500. Both flats have long-term tenants in place, ensuring immediate rental returns with a considerable yield of around 9%. The ground floor flat features a private entrance, a cozy living/dining area, a double bedroom, a bathroom, and direct access to a private rear garden—perfect for outdoor relaxation. The first-floor flat mirrors the ground floor's comfort with a spacious kitchen, living area, double bedroom, and bathroom.
Located just a short stroll from Lincoln's vibrant city centre, this property is ideal for families and professionals alike, given its proximity to local amenities, schools, and transport links. While the flats boast average-sized rooms and charming period features, they offer plenty of potential for personalization and improvement. With a council tax band of A and the ease of managing a fully tenant-occupied property, this is a solid addition to any buy-to-let portfolio. Seize this unique opportunity to secure a reliable investment in the ever-popular Lincoln area before it's gone!
2 bedroom flat for sale in Flat A & Flat B, Trollope Street, Lincoln, Lincolnshire, LN5 — £220,000 • 2 bed • 2 bath • 768 ft²
3 bedroom town house for sale in Newark Road, Lincoln, LN5 — £195,000 • 3 bed • 3 bath • 1446 ft²
2 bedroom terraced house for sale in Henry Street, Lincoln, Lincolnshire, LN5 — £122,000 • 2 bed • 1 bath • 712 ft²
2 bedroom terraced house for sale in Ripon Street, Lincoln, Lincolnshire, LN5 — £135,000 • 2 bed • 2 bath • 1056 ft²
4 bedroom terraced house for sale in Cranwell Street, Lincoln, LN5 — £182,000 • 4 bed • 2 bath • 1023 ft²
3 bedroom terraced house for sale in Newark Road, Lincoln, LN5 — £165,000 • 3 bed • 2 bath • 1378 ft²
