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6 bed house for sale Percy Street, Lincoln, LN2

Asking price

£180,000

Added on 23/09/2026

Type: Terraced
Bedrooms: 6
Tenure: Freehold

About this property

Guide Price £180,000 - £200,000 Fully let 6-bed property on Percy Street, Lincoln, generating £1,425pcm (£17,100pa) with tenants responsible for bills. Offering a strong 7.8% gross yield at £220,000, this is a superb, low-maintenance investment in a consistently popular location.

Guide Price £180,000 - £200,000

This spacious six-bedroom property offers an excellent opportunity for investors seeking a strong, income-producing asset in one of Lincoln’s most popular rental locations. Situated on Percy Street, an area well regarded for its appeal to both students and young professionals, the property is currently fully let and generating £1,425 per calendar month (£17,100 per annum). At an asking price of £180,000 - £200,000 , this provides an attractive gross yield of approximately 7.8%, making it an ideal ready-made investment.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,549
Band B

£1,807
Band C

£2,065
Band D

£2,323
Band E

£2,839
Band F

£3,356
Band G

£3,872
Band H

£4,646

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Lincoln, 2026/27 bills run from £1,549 a year in band A to £4,646 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Lincoln, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

25 comparables · within 3 miles

Cheaper than 100% of the 5+ bed houses for sale nearby right now.

This home, £180,000 Median £700,000 · £227,000 – £2,000,000

Compared with 25 5+ bed houses for sale within 3 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Percy Street, Lincoln, LN2

Open map Street View

Mortgage and stamp duty

Property price £180,000

£90k £270k

Deposit10% £18,000

£0 £180k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £162,000 mortgage. Most lenders would want a household income of about £36,000 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.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
4, Percy Street Terraced	Terraced	Jul 2025	721 sq ft £101/sq ft	721 sq ft	£101	£72,500
8, Percy Street Terraced	Terraced	Nov 2022	1,066 sq ft £162/sq ft	1,066 sq ft	£162	£173,000
8, Percy Street Terraced	Terraced	May 2018	1,066 sq ft £131/sq ft	1,066 sq ft	£131	£140,000
8, Percy Street Terraced	Terraced	Jan 2016	1,066 sq ft £119/sq ft	1,066 sq ft	£119	£127,000
6, Percy Street Terraced	Terraced	Jul 2014	646 sq ft £127/sq ft	646 sq ft	£127	£81,950
3, Percy Street Semi-detached	Semi-detached	May 2008	n/a	n/a	n/a	£80,000
1, Percy Street Semi-detached	Semi-detached	Jun 2007	743 sq ft £108/sq ft	743 sq ft	£108	£80,000
2, Percy Street Terraced	Terraced	Jan 2007	764 sq ft £115/sq ft	764 sq ft	£115	£88,000