Pygott & Crone are pleased to present an exciting opportunity to buy a ready-made rental portfolio to include 3 apartments complete with tenants in situ on the popular and centrally located Beech Court development situated within easy reach of a plethora of amenities and the Cathedral City of Lincoln.
Each apartment comprises of Entrance Hallway, two double Bedrooms with fitted wardrobes, Bathroom and open plan fitted Kitchen Dining Living Area for the purchaser to enjoy.
Externally the properties benefit from allocated parking as well as communal gardens for residents.
There are a number of local amenities such as schools, public houses, food outlets & retail units as well as transport links nearby, the property is located within easy reach of Lincoln’s railway station with improved access to areas via lner.
The current vendor owns three apartments within the development and is offering them for sale as a portfolio with tenants currently in situ on periodic tenancies or as singular transactions with notice being able to be served if required making them perfect for non-investment buyers alike. The three apartments include 2 x second floor & 1 x ground floor apartments.
Agent's Note – We are advised by the current vendor that the property is a leasehold with approx. 107 years remaining and that the cost per annum for service charge is approximately £908.50. This apartment is currently achieving a monthly let of £495 pcm.
Entrance Hall
Lounge (12' 10" x 12' 3" (3.91m x 3.73m))
Max
Kitchen (9' 7" x 8' 7" (2.92m x 2.62m))
Bedroom 1 (10' 4" x 10' 4" (3.15m x 3.15m))
Min x max
Bedroom 2 (10' 4" x 8' 11" (3.15m x 2.72m))
Max x min
Bathroom (6' 4" x 6' 2" (1.92m x 1.88m))