Compact two-bed income property close to Lincoln university and city amenities..
Two-bedroom city maisonette, approx. 575 sq ft
Sold with tenant in situ — immediate rental income
Long lease: 984 years remaining (leasehold)
Annual service charge ~£1,184; check for reviews
EPC rating C — reasonable energy performance
Council Tax Band A — very low running tax cost
Small footprint; better suited to renters or singles/couples
Local area: deprived classification and very high crime rate
A compact two-bedroom maisonette in central Lincoln, offered with a tenant in situ — an immediate income opportunity for a buy-to-let investor. The building sits just off Monks Road, within walking distance of the university, cathedral, shops and transport links, making it straightforward to let to students or city workers.
The accommodation is efficiently arranged over two levels with a communal entrance, lounge, kitchen, shower room and two first-floor bedrooms with Velux windows. The property measures about 575 sq ft, has an EPC rating of C and long leasehold security (984 years remaining), reducing long-term lease concerns.
Investment strengths include immediate rental income, low council tax (Band A) and fast broadband/mobile coverage. Be aware of ongoing costs: an annual service charge of approximately £1,184 and a minimal recorded ground rent of £10. The property is sold with a tenant in situ and is chain free.
Notable neighbourhood considerations: the wider area is classified as deprived with a very high local crime rate. The maisonette is small and will suit those seeking a city-centre, no-fuss rental rather than a larger family home. Buyers should verify tenancy terms, service charge arrangements and all leasehold details before exchange.
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