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.
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.
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.
Light fittings, radiators, fire alarm, access to loft space.
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.
Carpet radiator ceiling light uPVC double glazed French doers, cupboard housing Worcester boiler.
Carpet, uPVC double glazed to front, pendant light fitting, radiator.
Lino flooring, pedestal wash hand basin, fully tiled, low level WC, shower cubicle with electric shower, light fitting, extractor fan.
Carpet, radiator, pendant light fitting, uPVC double glazed window to rear.
Lino flooring, radiator, extractor fan, three piece suite including low level WC, bath with shower attachment over and pedestal wash hand basin.
Carpet, radiator, uPVC double glazed window to front, ceiling light.
Low level wc, pedestal wash hand basin, fully tiled, extractor fan, light fitting, corner shower unit with electric shower, heated towel rail.
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.
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.
Carpet, pendant light fitting, radiator, uPVC double glazed window to rear.
Carpet, radiator, uPVC double glazed window to rear, pendant light fitting.
Lino flooring, radiator, fully tiled, extractor fan, pendant light fitting, low level WC, pedestal wash hand basin, corner shower unit with electric shower.
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.
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
By prior appointment with the Sole Agents: 01522 716204
Drafted following clients' instructions of February 2022.
For additional information, please contact Ellen Norris at Mount & Minster:
T: 01522 716204
Tenure: Please confirm with Mount & Minster whether this property is freehold or leasehold
No EPC available for this property
Other properties you might be interested in
Church Street, Foston, Grantham, Lincolnshire, NG32
Guide Price £325,000
Greetwell Gate, Lincoln, Lincolnshire, LN2
Guide Price £265,000
The Green, Welbourn, Lincoln, Lincolnshire, LN5
Guide Price £400,000
Adelaide Close, Waddington, Lincoln, Lincolnshire, LN5
Guide Price £240,000
Castle View Road, Easthorpe, Nottingham, Leicestershire, NG13
Guide Price £300,000