For Sale3 Bedroom Terraced House in Good Lane, Lincoln, LN1 3EH£185,000

Good Lane, Lincoln, LN1 3EH

3 Bedroom Terraced House for sale
£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.

Good Lane, Lincoln, LN1 3EH on Map