OIRO £125,000 Available
  • 2 Bedroom
  • 3 reception room
  • Close to the Arboretum
  • Short commute to CIty centre
  • Short commute to the University
  • Short commute to the County hospital
  • Potential development potential (needs planning)
  • In need of a complete renovation
  • Call for more details

If planning is agreed with this two bedroom, three Storey property then this could equal similar properties in the area by being converted to two (duplex) or three self contained flats delivering a considerable overall return from the investment. Consultation over the numbers can be discussed with your local Burnett & Lee property consultant.

A central location close to city amenities and major transport routes.


Access & Transport Links: Excellent connectivity to the A46, A15, and major routes in and out of the city. Close proximity to bus stops and the Lincoln Central train station.

Amenities: Walking distance to shops, restaurants, schools, parks, and local businesses. Ideal for attracting future residents or tenants.

Potential: Huge potential for growth and capital appreciation in this developing area. Ideal for [student accommodation, family homes, or retail spaces] with a growing demand in the region.

Development Potential: This property benefits from being in an area of increasing demand and development, with opportunities to create:


Residential Properties: 1, 2, or 3-bedroom apartments and houses catering to local demand for high-quality living spaces.
Mixed-Use
Projects: Ground-floor retail or office space with upper-floor residential units. Perfect for modern urban living.
Commercial Space: With a highly visible location, this site would also suit a range of retail or leisure developments.
(PLANNING NEEDS APPLYING FOR)
Why Invest in Monks Road, Lincoln?
High Yield Potential: The area continues to see development and increasing demand for residential and commercial space.
Strong Rental Demand: Proximity to local universities, hospitals, and growing businesses ensures a constant flow of potential tenants.
Capital Appreciation: As Lincoln develops, properties in this area are set for long-term growth.

This property is equally perfect for first time buyers, with the current owner open to economical change under a commercial agreement. This property could be altered into something that makes your first home your design with out the new build price tagging and size restrictions.

Property comprises

The upper Ground Floor
Entrance Hall - Stairs leading up
Lounge
Dining room
Kitchen - stairs leading down

Top floor
Bedroom 1
Bedroom 2
Bathroom 4 piece bathroom suite
Landing Stairs leading down

Lower ground floor
Reception 2
Shower room (shower is currently decommissioned)
WC
Reception/study/Utiity (with sink)
Hallway - stairs leading up

Viewings of this property are highly recommended.



Council Tax
Lincolnshire County Council, Band A

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Floor Plan
EER Chart

The Energy-Efficiency Rating is a measure of a home's overall efficiency. The higher the rating, the more energy-efficient the home is, and the lower the fuel bills are likely to be.

Utility Supply Type
Electric Mains Supply
Gas Mains Supply
Water Mains Supply
Sewerage None
Broadband None
Telephone None

Other Items Description
Heating Gas Central Heating
Garden/Outside Space Yes
Parking No
Garage No

Broadband Coverage Highest Available Download Speed Highest Available Upload Speed
Standard 9 Mbps 0.9 Mbps
Superfast 74 Mbps 20 Mbps
Ultrafast 1000 Mbps 1000 Mbps

Mobile Coverage Indoor Voice Indoor Data Outdoor Voice Outdoor Data
EE Likely Likely Enhanced Enhanced
Three Likely Likely Enhanced Enhanced
O2 Likely Likely Enhanced Enhanced
Vodafone Likely Likely Enhanced Enhanced

Broadband and Mobile coverage information supplied by Ofcom.


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