2 bed house for sale Foster Street, Lincoln, Lincolnshire, LN5

2 beds 2 baths Mid Terrace House

Freehold

Added on 16/09/2026

About this property

***SPACIOUS BAY FRONTED MID-TERRACED - FANTASIC INVESTMENT OPPORTUNITY ON OFFER*** Welcome to 22 Foster Street. This Two double bedroom, two bathroom Mid-Terraced property is being sold with a current tenant in situ and is situated in a highly popular location close to Lincoln City Centre. The property would be ideal for investors who are looking to add to their portfolio with a potential gross annual income of circa £17,760 resulting in an over 11% yield.

Key features

2 Double Bedroom
2 Bathrooms
Modern Kitchen-Diner
Fantastic Rental Opportunity
Prime Location
Being Sold With Tenant in Situ
Well Presented Throughout

Floorplan

Location

Foster Street, Lincoln, Lincolnshire, LN5

Open map Street View

Council tax band: A

Mortgage and stamp duty

Property price £145,000

£72k £218k

Deposit10% £15,000

£0 £145k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £130,000 mortgage. Most lenders would want a household income of about £29,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.