*for sale by modern method of auction - terms and conditions apply
Pygott & Crone are delighted to present this ideal terraced home in the highly sought after Bailgate area of Lincoln which the owners has advised of a successful history of a 5-bedroom student let previously returning a gross yield in the region of £24,225 per annum and has massive potential to continue an individual room or holiday let investment. The property holds C4 status through a certificate of lawful use meaning it can be used as a HMO.
The Ground Floor accommodation comprises: Entrance Hallway, Bedroom/Lounge/Communal Area & Kitchen with door leading to the Rear Garden. Stairs lead down to a further converted Bedroom with En-Suite facilities as well as Laundry Room. The First Floor contains two Double Bedrooms as well as Bathroom and stairs leading to a further converted Bedroom located in the previous loft space.
Externally there is a rear garden perfect for sitting out and enjoying which backs on to the walls & grounds of Lincoln's magnificent castle. The street has recently benefitted from a Residents Parking Scheme.
Union Road is within easy reach of the historic heart of the Cathedral City of Lincoln with a wide range of amenities almost on its doorstep. These amenities include The Lawns, Castle & Cathedral and the Bailgate's vast array of restaurants and cafes.
Entrance Hall
Lounge/Communal Area (13' 8" x 11' 2" (4.17m x 3.4m))
Kitchen (9' 6" x 7' 11" (2.9m x 2.41m))
Bedroom 2 (11' 3" x 10' 7" (3.43m x 3.23m))
Stairs Down To Lower Ground Floor
Bedroom 1 (13' 9" x 11' 2" (4.19m x 3.4m))
Utility Room (7' 8" x 4' 8" (2.34m x 1.42m))
Shower Room (7' 7" x 4' 3" (2.31m x 1.3m))
Laundry Room/Communal Area (13' 9" x 10' 0" (4.19m x 3.05m))
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Stairs From Ground Floor To First Floor
Bedroom 3 (13' 8" x 12' 10" (4.17m x 3.91m))
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Bedroom 4 (13' 2" x 6' 5" (4.01m x 1.96m))
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Shower Room (8' 5" x 6' 11" (2.57m x 2.11m))
Stairs Up To Second Floor
Bedroom 5 (13' 9" x 11' 0" (4.19m x 3.35m))