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House For Sale £150,000
Webb Street, Lincoln, LN5


Description

Pygott & Crone are delighted to be marketing this ready-made investment. The vendor advises us that the property is currently returning in excess of £20,000 per annum resulting in over a 13% gross yield.



The property is situated close to Lincoln's City Centre and is within walking distance to excellent local amenities. Accommodation to briefly comprise of; a shared passageway giving side access to the property, Dining Room/Bedroom two, Kitchen, Living Room/Bedroom one.

The first floor having two further Bedrooms and Shower Room, on the second floor is an Attic Room.

The seller informs us the property has four lettable rooms and can potentially let the fifth Bedroom if some amendments are made to increase the size of the Kitchen.

The property further benefits from uPVC double glazing and gas fired central heating. Outside there are low maintenance front and rear gardens.

Viewing is highly recommended.


Agent's Note: We have been advised by the vendor that the property is currently let on ASTs; the landlord is willing to serve the tenants with a Section 21 Notice after a sale has been agreed if required. The buyer will need to confirm with their solicitor regarding vacant possession and dates.

A condition has to be met to continue running as a five bedroom let in the future. Please call the office to discuss this requirement.


Follow the link for more information:
        
onthemarket.com

  
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