5 bedroom house for sale
£280,000 /Sale price - Lincoln Lincolnshire LN1Details
- Beds: 5
- Price: £280,000 /Sale price
- Internal Reference No.: 69425807
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Overview
Property Description: Comprises mid-terrace 5-bedroom HMO, arranged as a ground floor kitchen with separate dining room and 1 bedroomInvestment Consideration: Gross Initial Yield: 8.47% Rental Income: £23,715 p.a. VAT is NOT applicable to this property Comprises 5-bed HMO with communal kitchen, dining room, cinema room and 2 bathrooms Situated within 25 minute walk from the University of Lincoln, a 13 minute walk from Bishop Grosseteste University and a 30 minute walk from the County Hospital. Property Description: Comprises mid-terrace 5-bedroom HMO, arranged as a ground floor kitchen with separate dining room and 1 bedroom. First floor provides 2 bedrooms with communal bathroom and second floor provides 2 bedrooms. The basement provides cinema room and communal bathroom. Ground Floor: 34 sq m (366 sq ft) First Floor: 25 sq m (269 sq ft) Second Floor: 19 sq m (204 sq ft) Basement: 26 sq m (280 sq ft) Total GIA: 104 sq m (1,119 sq ft) HMO Licensed Property (C4 use class) Reference - 2018/1327/CLE. Tenancy: The property is at present let to Individuals for a term of 51 Weeks from 27th August 2024 at an agreed rent of £23,715 p.a. Deposit held of £1,200. Vendor will top up rent, so the buyer receives the equivalent to £23,715 p.a. from completion. Location: The property is located on Hereward Street within a residential area just a 15 minute walk from Lincoln's City Centre, 25 minute walk from the University of Lincoln, a 13 minute walk from Bishop Grosseteste University and a 30 minute walk from the County Hospital. The city's train station is located just a 25 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_i69425807
Amenities
- Home
- Gross Initial Yield: 8.47%
- Rental Income: £23,715 p.a.
House Lincoln
This House for sale is located at Lincoln Lincolnshire LN1. The home has 5 Bedroom. This 5 bedroom House in Lincoln Lincolnshire is for sale for £280,000 /Sale price.
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2024-03-14, Viewed 0 times.
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2024-03-14, Viewed 0 times.
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