House For Sale £190,000
Summary
Situated over 3 floors, this property benefits from 4 large bedrooms. The property boasts a large living area leading into the modern kitchen. The bathroom is located on the ground floor next to the kitchen. Outside, the property benefits from a low maintenance fully enclosed garden. The property is also a short walk away from Lincoln's popular high street with its plethora of pubs, clubs and entertainment venues.
The property was Tenanted until August 2022 generating £20,145 gross rent per annum representing a 10.6% gross return. The property has a strong rental history with it being fully let since 2018. Information regarding historic gross rental returns can be found below (Tenancy Agreements can be provided for further information):
21/22 Academic Year - £20,145
20/21 Academic Year - £19,380
19/20 Academic Year - £19,380
18/19 Academic Year - £17,850
The property is sold with vacant possession.
EPC - Current D65, Potential B86.
Description
The property is accessed via the front door accessible from Cranwell Street.
Entrance
Wall mounted radiator, access to living room which flows through to kitchen, bathroom and garden, access to bedroom 1 and stairs leading to the first floor landing.
Living Room - 3.4m x 3.6m
Double glazed window to the rear elevation, wall mounted radiator, storage cupboard with fuse board and electric meter in addition to french doors with access to garden.
Kitchen - 3m x 1.9m
Double glazed window to the side elevation, four ring gas hob, electric oven, extractor fan, washing machine and a sink in addition to access to garden area.
Utility Room - 2m x 1.9m
Worcester boiler, carbon monoxide alarm, fridge freezer and access to rear garden.
Bathroom - 2.9 x 1.9m
Double glazed frosted windows to the rear and side elevation, wall mounted radiator, water basin, WC and bath with shower head.
1st Floor Landing
Access to bedroom 2,3 and 4.
Bedroom 1 - 3.4m x 2.5m
Wall mounted radiator and bay window with double glazed units to front elevation.
Bedroom 2 - 3.4m x 3.6m
Storage cupboard, wall mounted radiator and double glazed window to front elevation.
Bedroom 3 - 2.6m x 3.6m
Wall mounted radiator and double glazed window to rear elevation.
Bedroom 4 - 4.5m x 3.6m
Wall mounted radiator, skylight with double glazed window to rear elevation in addition to a double glazed window to front elevation.
Garden
Low maintenance rear garden accessible via the kitchen.
Agents note
Student Housing Lincoln offer a professional property sales, acquisitions and lettings service. If you are considering renting or selling your property or are looking to purchase a bespoke investment property please call the Sales & Acquisitions Manager on the number displayed above.
These details are issued in good faith but are only a general outline for the guidance of intending purchasers and do not constitute in whole or in part an offer or a contract. No statement in these particulars is to be relied upon as a statement or representation of fact. Reasonable endeavours have been made to ensure that the information given in these particulars is materially correct; but any intending purchaser should satisfy themselves by inspection, searches, enquiries and survey as to the correctness of each statement.
Situated over 3 floors, this property benefits from 4 large bedrooms. The property boasts a large living area leading into the modern kitchen. The bathroom is located on the ground floor next to the kitchen. Outside, the property benefits from a low maintenance fully enclosed garden. The property is also a short walk away from Lincoln's popular high street with its plethora of pubs, clubs and entertainment venues.
The property was Tenanted until August 2022 generating £20,145 gross rent per annum representing a 10.6% gross return. The property has a strong rental history with it being fully let since 2018. Information regarding historic gross rental returns can be found below (Tenancy Agreements can be provided for further information):
21/22 Academic Year - £20,145
20/21 Academic Year - £19,380
19/20 Academic Year - £19,380
18/19 Academic Year - £17,850
The property is sold with vacant possession.
EPC - Current D65, Potential B86.
Description
The property is accessed via the front door accessible from Cranwell Street.
Entrance
Wall mounted radiator, access to living room which flows through to kitchen, bathroom and garden, access to bedroom 1 and stairs leading to the first floor landing.
Living Room - 3.4m x 3.6m
Double glazed window to the rear elevation, wall mounted radiator, storage cupboard with fuse board and electric meter in addition to french doors with access to garden.
Kitchen - 3m x 1.9m
Double glazed window to the side elevation, four ring gas hob, electric oven, extractor fan, washing machine and a sink in addition to access to garden area.
Utility Room - 2m x 1.9m
Worcester boiler, carbon monoxide alarm, fridge freezer and access to rear garden.
Bathroom - 2.9 x 1.9m
Double glazed frosted windows to the rear and side elevation, wall mounted radiator, water basin, WC and bath with shower head.
1st Floor Landing
Access to bedroom 2,3 and 4.
Bedroom 1 - 3.4m x 2.5m
Wall mounted radiator and bay window with double glazed units to front elevation.
Bedroom 2 - 3.4m x 3.6m
Storage cupboard, wall mounted radiator and double glazed window to front elevation.
Bedroom 3 - 2.6m x 3.6m
Wall mounted radiator and double glazed window to rear elevation.
Bedroom 4 - 4.5m x 3.6m
Wall mounted radiator, skylight with double glazed window to rear elevation in addition to a double glazed window to front elevation.
Garden
Low maintenance rear garden accessible via the kitchen.
Agents note
Student Housing Lincoln offer a professional property sales, acquisitions and lettings service. If you are considering renting or selling your property or are looking to purchase a bespoke investment property please call the Sales & Acquisitions Manager on the number displayed above.
These details are issued in good faith but are only a general outline for the guidance of intending purchasers and do not constitute in whole or in part an offer or a contract. No statement in these particulars is to be relied upon as a statement or representation of fact. Reasonable endeavours have been made to ensure that the information given in these particulars is materially correct; but any intending purchaser should satisfy themselves by inspection, searches, enquiries and survey as to the correctness of each statement.
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