For Sale3 Bedroom Terraced House in Good Lane, Lincoln, LN1 3EH£185,000
Property Type
Terraced House
Bedrooms
× 3
Bathrooms
× 1
Receptions
× 1
Tenure
Freehold
Price
£185,000
Key Features
- Sought after uphill Lincoln location
- Licensed 3 bed HMO with full planning
- Ideal for investors or first time buyers
- Walking distance to shops and Bailgate area
- NO ONWARD CHAIN
- Modern fitted kitchen and bathroom
- Can be sold fully furnished and equipped
- Enclosed rear garden with patio and lawn
Resources
Description
Versatile & Stylish 3-Bedroom Terraced Home in Prime Uphill Lincoln – Fully Furnished, HMO Licensed, and Ready to Go Located in one of Lincoln’s most desirable neighbourhoods, this spacious and well-maintained 3-bedroom terraced house is perfect for both homeowners and investors. Offering full planning permission for both C2 (HMO use) and C3 (residential use), it provides exceptional flexibility as either a high-yield rental or a charming private home. Currently let to students, the property has a proven track record and generates approx. £16,000 per annum (bills included). Sold fully furnished, with all electrical appliances included, it’s a true turn-key investment. Inside, the home features a welcoming entrance hall, a bright living room (currently used as a bedroom), a separate dining room, and a modern fitted kitchen. Upstairs, you'll find two generously sized bedrooms and a spacious bathroom with a shower-over-bath. Recent upgrades include a Hive smart heating system, a Baxi boiler recently serviced with a new CPU, and a valid Gas Safety Certificate until May 2026. A full damp-proof course was completed in 2016 and is still under warranty for another 21 years. Outside, enjoy a private enclosed garden with a patio seating area and a brick-built outhouse for storage. On-street parking is readily available with no permit required. Located just a short walk from Bishop Grosseteste University, the historic Bailgate area, shops, pubs, and transport links, this property offers convenience, charm, and impressive investment potential.