4 bedroom property for sale in Lincoln
Price: £170,000
This Property is Markted By :
Pridea Sales and Lettings
375 High Street, Lincoln, Lincolnshire, LN5 7RY
LOCAL JOBS
LOCAL BARS
LOCAL RESTAURANTS
TRADES AND SERVICES
Property Reference: 1863
Full Property Description:
Currently being utilised as student accommodation, producing a rental income of ?20,000 per annum, giving a gross yield of 10.5%, with the potential to increase this year on year in line with market rent.
Accommodation briefly comprises of: Double Bedroom to the Lower Ground Floor, Living Room, Kitchen and Double Bedroom to the Ground Floor and Two further Double Bedrooms and Bathroom to the First Floor.
Externally to the rear aspect is a decked patio area with further outdoor space laid to gravel and access to the front aspect.
Early and internal viewing is advised to truly appreciate the accommodation this property has to offer.
Bedroom 1 - 11'10" (3.61m) x 11'10" (3.61m)
Wooden door to front aspect, window to front aspect, radiator, carpet, access to Ground Floor
Living Room - 11'10" (3.61m) x 11'10" (3.61m)
Access to Lower Ground Floor, window to rear aspect, radiator, carpet, leading to
Kitchen - 6'2" (1.88m) x 12'7" (3.84m)
UPVc door to side aspect, window to side aspect, radiator, laminate wood floor. Fitted with a range of wall and base units with wood work surfaces and spaces for under the counter appliances
Bedroom 2 - 11'10" (3.61m) x 12'4" (3.76m)
Window to front aspect, radiator, carpet
Bedroom 3 - 11'10" (3.61m) x 11'10" (3.61m)
Window to rear aspect, radiator, carpet
Bedroom 4 - 6'11" (2.11m) x 9'6" (2.9m)
Window to front aspect, radiator, carpet
Bathroom - 4'7" (1.4m) x 12'7" (3.84m)
Window to front aspect. Fitted with three piece suite consisting of low level WC, vanity sink with cabinet and walk in shower. Heated towel rail, laminate wood flooring,
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.
Council Tax
Lincoln City Council, Band A
Utilities
Electric: Mains Supply
Gas: None
Water: Mains Supply
Sewerage: None
Broadband: None
Telephone: None
Other Items
Heating: Not Specified
Garden/Outside Space: Yes
Parking: No
Garage: No
Property Features:
- FOUR BEDROOMS
- THREE STOREY PROPERTY
- 10.5% GR.YIELD
- INCOME OF ?20,000 PER YEAR
- CLOSE TO UNIVERSITY OF LINCOLN
- UPHILL AREA OF LINCOLN
- VIEWING ESSENTIAL
- INVESTMENT OPPORTUNITY
Property Brochure:
Click link below to see the Property Brochure:
Energy Performance Certificates (EPC):
Floorplans:
Click link below to see the Property Brochure:Agent Contact details:
| Company: | Pridea Sales and Lettings | |
| Address: | 375 High Street, Lincoln, Lincolnshire, LN5 7RY | |
| Telephone: |
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| Website: | http://www.pridea.co.uk |
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