3 Bed Terraced House For Sale

Drake Street, Lincoln

LN1 1PP

£140,000

Added 29 Oct 2025

Property Details

Property Type

Terraced House

Bedrooms

3

Location

LN1

Description

Lovelle are delighted to bring to market this well-presented three-bedroom terraced property, currently operated as a student HMO and generating an excellent projected annual income of £21,060 for the forthcoming academic year.

The ground floor features a welcoming living room with stylish décor and wood-effect flooring, offering a comfortable communal space. The modern kitchen is fitted with a range of base and wall units, tiled splashbacks, and integrated appliances, providing both functionality and charm. Completing the ground floor is a generously sized bedroom.

Upstairs, the property offers two further double bedrooms, both light and spacious, along with a bright family bathroom fitted with a white three-piece suite and shower over bath.

Externally, the home benefits from a low-maintenance rear yard and on-street parking to the front.

Located in a popular residential area close to local amenities, transport links, and the university campus, this property represents an ideal turnkey investment opportunity for landlords seeking strong rental yields in a sought-after student area.

EPC rating: D. Tenure: Freehold,

Location

Map showing LN1 1PP

Nearby Properties

Disclaimer: Property descriptions, images, and related information displayed on this page are aggregated from publicly available sources across the web and presented for informational purposes only. While we strive for accuracy, home.co.uk cannot guarantee that all details are current or complete. This information is provided as a guide only and should not replace professional property advice. We strongly recommend contacting Lovelle Estate Agency directly to verify availability, arrange viewings, and obtain comprehensive property documentation.

Listed by

Lovelle Estate Agency

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