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About this property

**** GUIDE PRICE £250,000 - £275,000 ****

An excellent investment opportunity situated in the highly sought-after Bailgate area of Lincoln, comprising of a ground floor one-bedroom flat and a well-proportioned one-bedroom maisonette above.

The ground floor flat offers a spacious living room, separate kitchen, double bedroom and bathroom, with direct access to the rear courtyard. The first-floor maisonette is set over two levels and benefits from a generous living room, kitchen, double bedroom and bathroom, with additional space on the upper floor providing a light and airy feel, with views of the Cathedral.

Both units are self-contained, making this an ideal purchase for investors seeking a ready-made multi-let opportunity or those looking to maximise rental yield in a prime uphill location. The property also benefits from a low-maintenance courtyard garden to the rear and garage.

Positioned in the historic Bailgate area, the property is within easy reach of Lincoln Cathedral, Lincoln Castle, and a wide range of independent shops, restaurants and amenities, ensuring strong and consistent tenant demand.

Early viewing is highly recommended to fully appreciate the potential and location on offer.

Key information

Council Tax Band: Contact branch

Tenure: Freehold

  • Utility supply:

    • Electric: Ask agent
    • Water: Ask agent
    • Heating: Ask agent
    • Broadband: Ask agent
    • Sewerage: Ask agent

    Rights and restrictions:

    • Private rights of way: Ask agent
    • Public rights of way: Ask agent
    • Listed property: Ask agent
    • Restrictions: Ask agent

    Risks:

    • Flooded in last 5 years: Ask agent
    • Flood defences: Ask agent
    • Source of flood: Ask agent

Energy Performance Certificate

EPC
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    Rasen Lane, Lincoln, Lincolnshire, LN1 2 flat
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    * Estimated monthly repayment: £...

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    *Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable. If you would like guidance on the right mortgage for you, we recommend speaking to a Countrywide Mortgage Services Consultant who will be more than happy to help.

    †The 4.7% annual interest rate is based on the Connells Group average mortgage interest rate taken from the period of 01/01/2024 – 31/12/2024 and is correct as at 13/02/2025.

Agent details

Lincoln
    21-23 Silver Street
    Lincoln
    Lincolnshire
    LN2 1EW
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Sales: Bairstow Eves is a trading name of Countrywide Estate Agents Limited, Registered in England Number 00789476. Registered Office Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN.
Lettings: Bairstow Eves is a trading name of Countrywide Residential Lettings Limited, Registered Office: Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN. Registered in England Number 02995024. Countrywide Residential Lettings Limited is a member of and covered by the ARLA Propertymark Client Money Protection Scheme. Countrywide Residential Lettings Limited is an agent and subsidiary of Countrywide Estate Agents Limited, Registered in England Number 00789476, Registered Office: Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN. Countrywide Estate Agents is an appointed representative of Countrywide Principal Services Limited which is authorised and regulated by the Financial Conduct Authority FRN 301684. VAT number 500 2481 05.

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