Summary - 70 RIPON STREET LINCOLN LN5 7NQ
2 bed 2 bath Terraced
**Key Features:**
- Two-bedroom mid-terraced house
- Currently let as a student rental at £1,425 PCM (11.8% yield)
- Freehold with no upward chain
- Gas central heating and double glazing
- Small outdoor patio area
- On-street parking available
- Close to amenities and schools
Discover the potential of this charming two-bedroom mid-terraced house, ideally located in central Lincoln. Boasting a classic red brick exterior and Victorian bay windows, this home offers a cozy ambiance with modern conveniences. Currently functioning as a reliable student rental, it generates a strong yield, making it perfect for savvy investors or first-time buyers seeking affordability in a vibrant rental market.
The property features an inviting entrance hallway leading to a quaint lounge (currently used as a third bedroom) and adjoining dining area, perfect for casual gatherings. The kitchen provides practical base and wall units, complemented by a convenient utility and downstairs WC. Upstairs, you'll find two comfortable bedrooms and a well-equipped bathroom featuring a panelled bath and mixer shower.
While the property does show signs of needing modernization, this presents a fantastic opportunity to infuse your personal style and create your ideal living space. With its secure neighborhood, nearby amenities, and access to reputable schools, this home is not just a purchase; it's an investment in a thriving community. Don't miss out on this opportunity—properties like this won't be available for long!
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