2 bed terraced house for sale

Newark Road, Lincoln, Lincolnshire LN5

Situated just off a main road in the popular city of Lincoln, this well-presented two-bedroom terraced property offers an excellent opportunity for both first-time buyers and savvy investors alike.

The property benefits from two generously sized double bedrooms, providing ample space for comfortable living, along with a practical layout ideal for modern lifestyles. Its convenient location ensures easy access to local amenities, transport links, and the city centre.

With a strong rental yield potential of approximately 10.67%, this home represents a fantastic investment opportunity, offering both immediate income prospects and long-term value. Equally, it serves as a perfect first step onto the property ladder for those looking to establish themselves in a well-connected and desirable area.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.