Investment Property, Cabourne Avenue, Lincoln

£215,000 Asking Price
For Sale
5 Bedrooms
1 Receptions
2 Bathrooms

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.

  • Make Enquiry
  • Floorplan