2 bed Flat For Sale £160,000
Summary
The property is comprised of 2 large bedrooms, 1 with an en-suite and the other with a separate bathroom. The property also benefits from a large communal living / kitchen area. The property is currently let by students until August 2023 generating a £14,025 gross rental return. This is projected to increase to £15,300 for the 23/24 Academic Year.
The property is in an excellent condition throughout with modern furniture and fixtures in all areas which benefits any potential purchasers as it reduces any refurbishment expenses in the short and medium term.
The Area - The High Street is an attractive area for student properties due to its close proximity to the centre of Lincoln with its plethora of pubs, clubs and entertainment venues in addition to being a short walk from the University of Lincoln's Brayford campus.
The current owner has another flat for sale in the same building. If each flat is purchased in the sale then it will come with freehold. If each flat is purchased individually the purchaser will be provided with a 999 year lease (at the expense of the current landlord) and a service charge will be negotiated.
The landlord of this property has a number of investment properties for sale at present. If you are interested in a portfolio sale please get in touch with a member of the team to obtain further information.
For further information or to arrange a viewing please get in touch and we will be happy to help.
Particulars
The property is accessed via the front door accessible from Robey Street.
Living Room - 3.6m x 4.6m
Wall mounted radiator and 2x double glazed windows to the front elevation.
Kitchen - 2.9m x 2.8m
Double glazed window to the side elevation, electric hob, oven, fridge/freezer, washing machine, sink and extractor fan.
Bathroom
Wall hung towel rail, frosted double glazed window to the rear elevation, sink, WC and shower.
Bedroom 1 - 3.5m x 2.7m
Wall mounted radiator and double glazed window to the rear elevation.
Bedroom 2 - 4.6m x 4.5m
Wall mounted radiator, double glazed window to the front elevation and double glazed skylight to the rear elevation. Access to en-suite with wall mounted towel rail, sink, WC and shower.
Agents note
Student Housing Lincoln offer a professional property sales, acquisitions and letting service. If you are considering renting or selling your property or are looking to purchase a bespoke investment property please cal 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.
The property is comprised of 2 large bedrooms, 1 with an en-suite and the other with a separate bathroom. The property also benefits from a large communal living / kitchen area. The property is currently let by students until August 2023 generating a £14,025 gross rental return. This is projected to increase to £15,300 for the 23/24 Academic Year.
The property is in an excellent condition throughout with modern furniture and fixtures in all areas which benefits any potential purchasers as it reduces any refurbishment expenses in the short and medium term.
The Area - The High Street is an attractive area for student properties due to its close proximity to the centre of Lincoln with its plethora of pubs, clubs and entertainment venues in addition to being a short walk from the University of Lincoln's Brayford campus.
The current owner has another flat for sale in the same building. If each flat is purchased in the sale then it will come with freehold. If each flat is purchased individually the purchaser will be provided with a 999 year lease (at the expense of the current landlord) and a service charge will be negotiated.
The landlord of this property has a number of investment properties for sale at present. If you are interested in a portfolio sale please get in touch with a member of the team to obtain further information.
For further information or to arrange a viewing please get in touch and we will be happy to help.
Particulars
The property is accessed via the front door accessible from Robey Street.
Living Room - 3.6m x 4.6m
Wall mounted radiator and 2x double glazed windows to the front elevation.
Kitchen - 2.9m x 2.8m
Double glazed window to the side elevation, electric hob, oven, fridge/freezer, washing machine, sink and extractor fan.
Bathroom
Wall hung towel rail, frosted double glazed window to the rear elevation, sink, WC and shower.
Bedroom 1 - 3.5m x 2.7m
Wall mounted radiator and double glazed window to the rear elevation.
Bedroom 2 - 4.6m x 4.5m
Wall mounted radiator, double glazed window to the front elevation and double glazed skylight to the rear elevation. Access to en-suite with wall mounted towel rail, sink, WC and shower.
Agents note
Student Housing Lincoln offer a professional property sales, acquisitions and letting service. If you are considering renting or selling your property or are looking to purchase a bespoke investment property please cal 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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