St Andrews Place, Lincoln, LN5

This centrally located three-bedroom terrace house at 8 St Andrews Place, Lincoln, presents a fantastic opportunity for both investors and first-time buyers. Nestled in the heart of Lincoln City, the property enjoys close proximity to a wide range of local amenities, ensuring convenience and accessibility for its residents.

The house offers a well-thought-out layout that includes a welcoming living room. The kitchen-diner provides a spacious and functional area for meal preparation and dining. The ground floor also features a family bathroom, adding to the practicality and convenience of the home.

On the first floor, you will find three bedrooms, offering flexibility for various living arrangements, whether it be for a small family, working professionals, or as rental accommodation. The property is further enhanced by a small courtyard garden to the rear, providing a private outdoor space that's perfect for enjoying fresh air or creating a cosy outdoor seating area.

One of the key benefits of this property is the external insulation that was installed in 2015, which has significantly improved its energy efficiency. This work is backed by a 25-year guarantee, offering peace of mind and long-term savings on energy costs. The property boasts an impressive C energy rating, making it more economical to run and appealing to energy-conscious buyers.

With a potential gross yield of approximately 7%, this property represents a solid investment opportunity. Additionally, being in Council Tax Band A, it offers affordability not just in the purchase price, but also in ongoing costs, making it an attractive option for those looking to step onto the property ladder or expand their investment portfolio. This home combines central city living with practical features and strong investment potential, making it a smart choice for a variety of buyers.