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Monks Road, Lincoln, Lincolnshire, LN2

££325,000 Asking Price

7 Bedroom House Under Offer

*A Unique Investment Opportunity* This HMO licensed property comprises seven bedrooms, six bathrooms, a kitchen and lounge. When fully let, the rental income is £37,500pa. AST's have been signed for next year on all rooms.

INTRODUCTION

A unique opportunity to acquire a freehold investment property comprising of Seven Bedrooms, Six Bathrooms, Kitchen, Lounge. All currently let on Assured Shorthold Tenancies, this HMO licensed property has a rental income of £37,500pa when fully let. All tenants have signed AST's for 2021/2022 and 2022/2023.

LOCATION

The City of Lincoln is one of England's most historic cities, with the impressive Norman castle and one of the finest medieval cathedrals in Europe. The city also benefits from two well-regarded universities, a fantastic entertainment district and a wealth of bars and restaurants. In the north of the city is the historic bailgate area, a popular part of the city with picturesque streets and historic interest, as well as having a superb selection of amenities, schools and excellent transport links. The A15 and the A46 roads provide direct access to the north and south of the county. There are also direct trains to London and Edinburgh from Newark, within easy reach of Lincoln.

ACCOMMODATION



Entrance Hall

Light fittings, radiators, fire alarm, access to loft space.

Ground Floor



Kitchen

Range of wall and base units, space for dishwasher and washer dryer, fridge freezer integrated electric oven with electric hob and extractor over, splash backs, radiator, two ceiling lights, tiled flooring.

Lounge

Carpet radiator ceiling light uPVC double glazed French doers, cupboard housing Worcester boiler.

First Floor



Bedroom One

Carpet, uPVC double glazed to front, pendant light fitting, radiator.

Bathroom

Lino flooring, pedestal wash hand basin, fully tiled, low level WC, shower cubicle with electric shower, light fitting, extractor fan.

Bedroom Two

Carpet, radiator, pendant light fitting, uPVC double glazed window to rear.

Bathroom

Lino flooring, radiator, extractor fan, three piece suite including low level WC, bath with shower attachment over and pedestal wash hand basin.

Second Floor



Bedroom Three

Carpet, radiator, uPVC double glazed window to front, ceiling light.

Bathroom

Low level wc, pedestal wash hand basin, fully tiled, extractor fan, light fitting, corner shower unit with electric shower, heated towel rail.

Bedroom Four

Carpet, pendant light fitting, uPVC double glazed window to rear, radiator.

Ensuite Shower Room

Lino flooring, extractor fan, low level WC, shower cubicle with electric shower, obscurely glazed uPVC double glazed window, ceiling light.

Third Floor



Bedroom Five

Carpet, pendant light fitting, radiator, uPVC double glazed window to front.

Ensuite Shower Room

Lino flooring, fully tiled, low level WC, wash hand basin, extractor, light fitting, corner shower, radiator.

Bedroom Six

Carpet, pendant light fitting, radiator, uPVC double glazed window to rear.

Bedroom Seven

Carpet, radiator, uPVC double glazed window to rear, pendant light fitting.

Bathroom

Lino flooring, radiator, fully tiled, extractor fan, pendant light fitting, low level WC, pedestal wash hand basin, corner shower unit with electric shower.

OUTSIDE

There is a stairway leading to a patio and gravelled yard. In the yard there is an outside storage shed. At the front of the property, there is an intercom system which has a direct link to all rooms.

METHOD OF SALE

The property is offered for sale by Private Treaty.

TENURE

Freehold. The property is being sold as investment opportunity with sitting tenants who have already signed up for AST's for next year.

ENERGY PERFORMANCE CERTIFICATE

EPC Rating: N/A

COUNCIL TAX BAND

Council Tax Band: B

VIEWINGS

By prior appointment with the Sole Agents: 01522 716204

PARTICULARS

Drafted following clients' instructions of February 2022.

ADDITIONAL INFORMATION

For additional information, please contact Ellen Norris at Mount & Minster:
T: 01522 716204
E: ellen@mountandminster.co.uk

Tenure: Please confirm with Mount & Minster whether this property is freehold or leasehold

Brochure

Floorplans

floorplan

No EPC available for this property

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Office Details

Lincoln
Atton Place
32 Eastgate
Lincoln
LN2 1QA

01522 716204
info@mountandminster.co.uk

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