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3 Bedroom Mid-Terrace House with Great Rental Potential

3 Bedroom Mid-Terrace House with Great Rental Potential

Address

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Auction date

22 Sep 2025

Guide price

£14,000

Type

House

Tenure

Freehold

EPC Rating

C

Status

Upcoming

Auction location placehbolder

Description

This property is located in a prime position on Louisberg Road and offers various amenities in Hemswell Cliff, plus convenient access to nearby towns such as Gainsborough and Lincoln.

This mid-terrace house features 3 bedrooms, double glazing, and central heating, making it suitable for both investors and homeowners. There is a possibility to enhance the property's value, with current rental potential of £750 per month, resulting in an annual yield of £9,000. If converted to a four-bedroom rental, it could generate £1,473.33 per month, totalizing £17,679.96 annually.

Accommodation includes a ground floor entrance hall, sitting room, dining kitchen, and WC. The first floor comprises three bedrooms, a family bathroom, and an additional WC. Externally, there are enclosed gardens and an allocated parking space.

Last update: 31 Aug 2025

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