House For Sale £135,000
** cash buyers only **excellent investment property in prime student letting location! Gross yield of 8.63%! Located within the popular West End area of Lincoln, within easy walking distance of Lincoln University and the city centre, is this investment property on St Faiths Street. The property has an excellent investment track record and has the benefit of a secured tenancy for the 2019/2020 academic year through a reputable, dash accredited landlord, also approved by the University of Lincoln. For the 2020/2021 year the property will provide a gross income of £12,688, which represents a gross yield of 9.4%. The property has been well maintained by the current owners, and is being sold fully furnished. Accommodation briefly comprises side entrance lobby, communal lounge, modern kitchen diner, 2 double bedrooms and first floor bathroom. The property also has a yard to the rear. Call today to arrange a viewing.
Entrance Hallway
Having uPVC side entrance door, laminate wood effect flooring and stairs rising to first floor.
Lounge (12' 10'' max x 10' 6'' (3.91m x 3.20m))
Having laminate wood effect flooring, radiator and meter cupboard to alcove.
Kitchen Diner (11' 2'' x 10' 0'' max (3.40m x 3.05m))
Having a range of matching wall and base units, one and a half bowl single drainer stainless steel sink unit with mixer taps over, built in oven, hob and cooker hood, integral fridge freezer, plumbing for washing machine, laminate wood effect flooring, radiator and uPVC door leading to rear garden.
First Floor Landing
Having airing cupboard housing combi condensing central heating boiler, additional storage cupboard and access to loft.
Bedroom 1 (10' 10'' x 10' 0'' (3.30m x 3.05m))
Having radiator.
Bedroom 2 (11' 2'' x 10' 0'' (3.40m x 3.05m))
Having radiator.
Bathroom
Having 3 piece suite comprising panelled bath with mains fed shower and glass shower screen over, pedestal wash hand basin, low level WC, radiator, part tiled walls and extractor.
Outside Rear
To the rear of the property there is an enclosed courtyard.
Entrance Hallway
Having uPVC side entrance door, laminate wood effect flooring and stairs rising to first floor.
Lounge (12' 10'' max x 10' 6'' (3.91m x 3.20m))
Having laminate wood effect flooring, radiator and meter cupboard to alcove.
Kitchen Diner (11' 2'' x 10' 0'' max (3.40m x 3.05m))
Having a range of matching wall and base units, one and a half bowl single drainer stainless steel sink unit with mixer taps over, built in oven, hob and cooker hood, integral fridge freezer, plumbing for washing machine, laminate wood effect flooring, radiator and uPVC door leading to rear garden.
First Floor Landing
Having airing cupboard housing combi condensing central heating boiler, additional storage cupboard and access to loft.
Bedroom 1 (10' 10'' x 10' 0'' (3.30m x 3.05m))
Having radiator.
Bedroom 2 (11' 2'' x 10' 0'' (3.40m x 3.05m))
Having radiator.
Bathroom
Having 3 piece suite comprising panelled bath with mains fed shower and glass shower screen over, pedestal wash hand basin, low level WC, radiator, part tiled walls and extractor.
Outside Rear
To the rear of the property there is an enclosed courtyard.
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