Investment Property, Blankney Crescent, Lincoln
A semi detached 6 bedroom property operating as a fully let licensable HMO, situated just to the North of Lincoln, close to, and servicing students at Bishop Grosseteste University.
Set over 2 floors, the ground floor holds 1 bedroom, 1 shower room, a kitchen and a separate living room. The first floor then offers a further 5 bedrooms and 1 shower room.
The property currently generates £69pppw on a fully furnished and inclusive basis. 5 rooms filled with 2 of the rooms contracts ending on the 30th March and 3 of them ending on the 3rd April.
This property has been fully signed from 30th June 2023 to 30th June 2024 with a total income of £27,367.74.
The property is to be sold fully furnished to ensure a smooth transition for the existing tenants.
The vendor also has two further licensable HMO's just a short distance away, one next-door on Blankney Crescent & the other on Cabourne Avenue that we are marketing for sale - please call for further information.
Looking to sell? Get in touch now to find out how our 1 to 1 estate agency service can work wonders for you. You'll deal with the same person from valuation through to completion and we're consistently achieving over 98% of the marketing price.