4 bedroom house for sale

Overview

Property Description: Comprises mid-terrace 4-bedroom HMO, newly refurbished to a high standard and arranged as a ground floor kitchen, living/dining room, bedroom and communal bathroom, with 3 bedrooms at first floor

Investment Consideration: Gross Initial Yield: 5.84% Rental Income: £13,260 p.a. VAT is NOT applicable to this property Comprises 4-bed HMO with communal kitchen/dining, living room and 1 communal bathroom Situated within 25 minute walk from the University of Lincoln, a 10 minute walk from Bishop Grosseteste University and a 15 minute walk from Lincoln's City Centre. Property Description: Comprises mid-terrace 4-bedroom HMO, newly refurbished to a high standard and arranged as a ground floor kitchen, living/dining room, bedroom and communal bathroom, with 3 bedrooms at first floor. Ground Floor: 35 sq m (377 sq ft) First Floor: 30 sq m (323 sq ft) Total GIA: 65 sq m (700 sq ft) HMO Licensed Property (C4 use class) Reference - 2018/0749/CLE Tenancy: The property is at present let to Individuals for a term of 51 Weeks from 19th September 2023 at a current rent of £13,260 per annum. Deposit held of £600. Location: The property is located on Good Lane within a residential area just a 15 minute walk from Lincoln's City Centre, 25 minute walk from the University of Lincoln, a 10 minute walk from Bishop Grosseteste University. The city's train station is located just a 15 minute walk from the property. The station offers regular connections throughout the country, with regular services running to Newark Northgate, Edinburgh and London Kings Cross. For more details and to contact: https://realtyww.info/houses_lincoln-d196656/for-sale_i69198374

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