Gresham Street, Lincoln, Lincolnshire, LN1 1QA
Gresham Street, Lincoln, Lincolnshire, LN1 1QA
4 Beds
1 Baths
1 Reception
£190,000
No Onward Chain
Separate Living Room
Four Double Bedroom End-Terrace Property
Enclosed Low-Maintenance Courtyard Garden
Currently Operating as a Successful Student Let
Walking Distance to Lincoln City Centre & University
Fantastic Investment Opportunity with Immediate Income Potential
Popular Rental Location with Strong Tenant Demand
Spacious Kitchen/Dining Room
Freehold Property | Council Tax Band A
Positioned within one of Lincoln's most established residential areas, just a short walk from the city centre and University of Lincoln, this spacious four-bedroom end-terrace home presents an outstanding opportunity for investors and landlords alike. Currently operating as a successful student let, the property is already generating rental income and is ideally configured for shared accommodation, offering immediate returns from day one.
Combining generous living accommodation with four double bedrooms, a kitchen/diner, enclosed courtyard garden and excellent access to local amenities, this is a fantastic addition to any investment portfolio.
What Kinetic Estate Agents Love About This Property
"Investment opportunities that are already producing income are becoming increasingly difficult to find. This property is ready to continue performing from day one." – Rob Webb, Director
"Its location is a huge advantage. Being within walking distance of the city centre and the University means tenant demand remains consistently strong." – Nina Sharpe, Sales & Lettings Director
"With four genuine double bedrooms and spacious communal living areas, this is exactly the type of property investors or home movers are looking for." – George Hope, Marketing & Valuation Specialist
Step Inside
The property welcomes you into a long passage hallway giving access to a door to the rear yard and the main front door, a small entrance hall with stairs rising to first floor landing then providing access to the principal accommodation while retaining plenty of the character expected from a traditional Lincoln terrace.
To the front of the property is the spacious living room measuring approximately 3.89m x 3.84m (12'9" x 12'7"). A large bay window floods the room with natural light, creating an excellent communal living space.
To the rear sits the generous kitchen/diner measuring approximately 3.94m x 3.89m (12'11" x 12'9"), fitted with a range of wall and base units, work surfaces, inset sink and appliance spaces. The kitchen also provides direct access to the rear courtyard, making it both practical and functional for everyday living. A convenient ground floor WC sits beyond the kitchen, while the family bathroom measures approximately 2.62m x 2.01m (8'7" x 6'7"), fitted with bath and shower over, wash hand basin.
The first floor provides four well-proportioned bedrooms.
Bedroom One measures approximately 3.96m x 2.74m (13'0" x 9'0"), offering an excellent principal bedroom.
Bedroom Two measures approximately 3.96m x 2.08m (13'0" x 6'10").
Bedroom Three measures approximately 3.02m x 2.74m (9'11" x 9'0").
Bedroom Four measures approximately 3.81m x 1.98m (12'6" x 6'6"), ideal as a further bedroom, study or home office.
The versatile layout lends itself perfectly to student accommodation or professional sharers, whilst equally offering flexible family living.
Outside
To the rear is a low-maintenance enclosed courtyard garden, providing private outdoor space ideal for relaxing or entertaining.
On-street parking is available to the front of the property with Zone 1B residents' parking permit. (please enquire with the local council for yearly costs as they can be subject to change)
Life in Lincoln
Located just minutes from Lincoln city centre, Gresham Street enjoys excellent access to everything the city has to offer. The University of Lincoln, Brayford Waterfront, High Street shopping, restaurants, cafés and Lincoln Central railway station are all within walking distance. Excellent public transport links and nearby road connections make commuting straightforward, while the property's close proximity to the University ensures consistently high rental demand year after year.
Material Information
Part A – Key Facts
- Property Type: Mid Terrace House
- Bedrooms: 4
- Bathrooms: 1 Bathroom & Separate WC
- Tenure: Freehold
- Council Tax Band: A
- No Onward Chain
- Previously been a Student Let
- Built circa 1900
- Renovated in 2008
Part B – Utilities & Services
- Mains Electricity
- Mains Gas
- Mains Water
- Mains Drainage
- Gas Central Heating
- Double Glazing
- On-Street Parking
- Broadband: Superfast Fibre available (currently Virgin Media)
- Ofcom Broadband Checker: https://checker.ofcom.org.uk/
Part C – Other Information
- Traditional Construction
- Flood Risk: None reported by the seller
- Rights & Easements: None declared
- Covenants: None declared
- Planning Issues: None declared
- Vacant Possession Available
- Previously marketed with another agent
- Current rent achieved: £1,575 PCM (seller declared).
Disclaimer
These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed and they do not constitute an offer or contract. Intending purchasers must rely upon their own inspection of the property. None of the services, systems or appliances referred to in these particulars have been tested by Kinetic Estate Agents, and no warranty can be given as to their condition or working order. Measurements are approximate and should be used for guidance only. Material information has been provided by the seller and is believed to be accurate at the time of publication but should be verified by purchasers and their legal representatives during the conveyancing process.
Property Type
House
Property Style
Terraced
Parking
Street Parking
Tenure Type
Freehold
Council Tax Band
A
Sewerage
Mains Supply
Water
Mains
Floor Plan 1
EPC 1
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