Investment Property, Stapleford Avenue, Lincoln

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

Property Features

  • HMO Investment Property
  • 5 Bedrooms & 2 Shower Rooms
  • Let Until August 2022
  • Currently Generating £21kpa
  • Kitchen / Living Room
  • Rear Garden
  • Located to the North East of Lincoln
  • Close to Bishop Grossteste University
  • EPC Rating C

Full Details

A 5 bedroom mid terrace property operating as a 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 the open plan kitchen / living room. The first floor then offers a further 3 bedrooms and 2 shower rooms.

The property currently generates £84pppw on a fully furnished and inclusive basis to students, equating to an approx. gross annual rental income of £21kpa and is let agreed until August 2022.

The property is to be sold fully furnished to ensure a smooth transition for the existing tenants.

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.

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03330 904071