House For Sale £145,000
Foster Street, Lincoln, Lincolnshire LN5


Description
Fantastic investment opportunity!

The property is currently tenanted as a fully furnished 2-bed house share, offering 2 double bedrooms, one with ensuite, shared kitchen/living room and bathroom to ground floor. As it is a 2 person house share, we understand that it does not require a HMO licence which is for 3 or more tenants. We have liaised with a mortgage broker who confirmed a buy to let mortgage would be possible for this as well.

The property is in great condition following a full refurbishment in 2021..

The financials:
Purchase price: £145,000
Buyers fee: £6,000
Annual rent: £15,600

Rent:
Room 1: £650 per month
Room 2: £650 per month

Running costs:
Council tax: £133 per month
Gas/elec: £67.49 per month
Fibre broadband: £50 per month
Water: £30 per month
Management costs per month £163.20

Please contact us to request a viewing as we will need to give the tenants adequate notice.

Please note that this property is subject to a buyers fee and will be sold with tenants in situ.

For viewing arrangement, please use 99home online viewing system.

If calling, please quote reference: 10330

gdpr Applying for the above property means you are giving us permission to pass your details to the vendor or landlord for further communication related to viewing arrangement or more property-related information.
*Virtual viewings: Some or all information pertaining to this property may have been provided solely by the vendor/landlord, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you choose to make an offer based solely on a virtual viewing, then 99Home Ltd does not accept any liability for errors in the information provided, including but not limited to, measurements, photography and video content.
*Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering any household goods, carpets or any built-in furniture.
*General: While we endeavor to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact 99home and we will be pleased to check the detailing for you, especially if you are contemplating traveling some distance to view the property.
*99home is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.

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

  
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