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House For Sale £129,950
Dixon Street, Lincoln LN5


Description
Investment opportunity - This is a four bedroom house of multiple occupancy, currently two of the four bedrooms are let and achieving an approximate income of £8,316.00 per annum, with the potential to increase to £17,760 per annum. The property is situated close to the City Centre, with a wide range of local shops and facilities close by and is also within a short walk of Lincoln University. Internally the property has living accommodation to briefly comprise of Communal Kitchen, Living Room and Bathroom, Downstairs Bedroom and to the First Floor there are three further Bedrooms. The property further benefits from a private passageway, a Courtyard to the rear and two outbuildings.

Private Passageway

Door to front aspect. The passageway leads to the rear of the property with a door and window to the rear garden.

Entrance Hall

Door to front aspect, radiator, coving to ceiling and stairs to first floor.

Living Room (3.96m x 3.66m (13' x 12'))

Window to rear aspect, wall mounted electric fire, radiator and under stairs storage cupboard.

Kitchen (3.96m x 2.84m (13' x 9'4))

Two windows and door to side aspect. Fitted with a range of base and wall units with work surfaces over. Integrated oven, four plate hob and extractor hood over, stainless steel drainer sink unit with mixer tap over. Wall mounted gas central heating boiler. Radiator.

Bedroom One (4.01m x 3.66m (13'2 x 12'))

Bay window to front aspect, radiator and coving to ceiling.

First Floor Landing

Built in storage cupboard and radiator.

Bedroom Two (3.81m x 3.38m (12'6 x 11'1))

Window to rear aspect, radiator and built in cupboard.

Bedroom Three (4.17m x 3.38m (13'8 x 11'1))

Window to front aspect, radiator and loft access.

Bedroom Four (3.23m x 2.29m (10'7 x 7'6))

Window to front aspect and radiator.

Bathroom (3.86m x 2.46m (12'8 x 8'1))

Window to side aspect. Fitted with a low level wc, wash hand basin and p shaped bath with wall mounted shower appliance over and glazed shower screen. Radiator, extractor fan and two built in storage cupboards, one housing the hot water cylinder.

Outside

To the rear of the property is a concrete yard with two outbuildings.

Agents Note

These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither Newton Fallowell nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.

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