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3 bed Flat For Sale £180,000
Fen Road, Metheringham, Lincoln LN4


Description
Yieldit are delighted to bring this charming, semi-detached, already let residence to the market. This sensational three bedroomed semi detached house briefly comprises of an entrance hall, downstairs cloakroom, two sitting rooms, beautiful fitted kitchen, three good sized bedrooms, master with en-suite, family bathroom, front and rear gardens and driveway.

The village has a primary school, a High Street cafe, a Co-op store, and a traditional butcher's shop, which has been trading for over 80 years. It has four pubs: The Star & Garter in Prince's Street, the White Hart Inn, the Lincolnshire Poacher in High Street, and the Londesborough Arms.

LN4 is a relatively popular area with 168 transactions recorded in the past 12 months, which is 0.5% higher than the national average of 167. This is also 32% lower than the year prior which had 247 transactions.

The price growth in Lincoln is higher than the national average, with the 2 year growth at 22.4 times the national average. Compared to other areas, LN4 is a relatively inexpensive area, with an average price -22.9% lower than the national average. The average house price in Lincoln, LN4 is £257,071 and the average rent is £916.

This is sure to be popular amongst investors so enquire today to avoid missing out!

Financial Breakdown

Gross rent: £8,700
Net income: £8,700
Gross yield: 4.83%
Net yield: 4.83%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-17210

Follow the link for more information:
        
zoopla.co.uk

  
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