Yopa are proud to present this 9 bedroomed investment opportunity to the sales market. Located in the sought after location of St Catherine's, Lincoln, this property is located within a approximately 15 minute walk to the university. This property currently has a HMO Licence for '14' People across 9 bedrooms and offers a projected 11% gross yield. Previously a care home therefore legalities are intact such as the double boarded fire proof ceilings and fire alarm system. All rooms host a range of oak wood furniture and decorative accessories in keeping with the age of the property.
The property comprises:
Ground Floor -
✔ Entrance hall
✔ Bedroom 8 (En-suite)
✔ Bedroom 9 (Approx. 29sqm)
✔ Communal W.C.
✔ Communal Lounge
✔ Pantry and boiler room
✔ Communal Kitchen 1 & Kitchen 2
✔ Communal shower room.
✔ 2nd communal W.C.
First Floor
✔ Bedroom 2(En-suite)
✔ Bedroom 3
✔ Bedroom 4
✔ Bedroom 5(En-suite)
✔ Bedroom 6(En-suite)
✔ Bedroom 7
✔ Communal Shower room.
Second Floor
✔ Bedroom 1 (En-suite)
Viewings are strictly by appointment and 24hour notice must be given to residing tenants.