Investment Property, Cabourne Avenue, Lincoln
Property Features
- HMO Investment Property
- 5 Bedrooms & 2 Shower Rooms
- Fully Let
- Generating £23,750pa Gross
- Open Plan Kitchen / Living
- Front and Rear Gardens
- Located to the North East of Lincoln
- Close to Bishop Grossteste University
- EPC Rating C
- Two Further Similar Properties Available
Floorplans
Full Details
A semi detached 5 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 2 bedrooms and an open plan, ''L' shaped kitchen / living room. The first floor then offers a further 3 bedrooms and 2 shower rooms.
The property currently generates £95pppw on a fully furnished and inclusive basis to students, equating to an approx. gross annual rental income of £23,750.
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 on Blankney Crescent 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.