Property description
Your Home Investments are delighted to offer this
newly refurbished mid terrace house located off the
High Street within walking distance of Lincoln University. This refurbished property offers accommodation comprising: entrance hall, Reception 1/Bedroom 1, Reception 2/Lounge, modern fitted kitchen, shower room, Reception 3/Bedroom 2. Stairs rise to first floor. Bedroom 3, Bedroom 4, Bedroom 5, Shower Room and Separate WC. Stairs rise to second floor. Bedroom 6. This property would make an ideal investment purchase with possible yearly income of £25,920 per annum with a
ROC of 13.64% at Asking Price. If you would like any further advice or to speak to our
Investment Manager or our
Student Lettings Co-Ordinator, please call Your Home on 01522 620510 or email
sales@yourhomeproperty.co.uk or call into our offices at 42 Silver Street, Lincoln. Open 7 days a week. More details are available on
ZOOPLA or
RIGHTMOVE.
Private Entrance
Having door to front aspect into enclosed area with main entrance door to side aspect into;
Entrance Hall
Having stairs rising to first floor, understairs storage area, radiator and doors leading to;
Bedroom One
Having uPVC double glazed bay window to front aspect and a radiator.
Lounge
Having uPVC double glazed French doors to rear aspect leading to enclosed garden area. Laminate flooring, radiator and open plan access into;
Kitchen
Having uPVC double glazed window to side aspect overlooking garden area. Kitchen having a range of wall mounted and base units with worktops over, inset sink with mixer tap, integrated gas hob and electric oven, extractor, dishwasher, space and plumbing for washing machine, wall mounted boiler and tiled surrounds.
Shower Room
Having uPVC double glazed window to side aspect. Three piece suite including shower cubicle, low level WC and pedestal sink, heated towel rail and tiled surrounds.
Bedroom Two
Having uPVC double glazed window to side aspect and a radiator.
Landing
Having stairs rising to second floor and doors leading to;
Bedroom 3
Having uPVC double glazed window to rear aspect and a radiator.
Bedroom 4
Having uPVC double glazed window to rear aspect and a radiator.
Bedroom 5
Having uPVC double glazed window to rear aspect and a radiator.
WC
Having two piece suite including low level WC, pedestal sink and tiled surrounds.
Shower Room
Having shower cubicle, low level WC, pedestal sink and tiled surrounds.
Stairs To Second Floor
Bedroom 6
Having 2 x uPVC double glazed Velux windows to rear aspect and a radiator.
Rental Income
Weekly = 90 x 6 = £540 per weekYearly = 540 x 48 = £25,920 per annumMonthly = 25920 / 12 = £2,160 per monthRental Yield = 13.64% at Asking PricePlease take into account that there will also be the cost of bills, any mortgage repayments, rental management and insurances.
YourHome Investments
YourHome Investments can confirm this property is ideally suited to be a student / room by room let. The rooms are currently listed for rent at £90 per room per week. There are 6 rooms available to let and our student contract works to a 48 week basis.
Valuations
If you are looking to sell your property or would consider a part exchange why not arrange a FREE, no obligation market appraisal from Your Home Estate Agents available 7 days a week by calling 01522 620 510.
Lettings And Property Management Services
When purchasing an investment property you want to know it will start paying for itself as soon as possible. Your Home Sales & Lettings can provide the complete service 7 days a week, seeing your purchase right the way through from the moment you have the offer accepted, to your fully referenced tenants collecting their keys and paying you. We can even help manage minor renovations and improvements using our reliable contractors, getting you the best price possible to help your investment stack up. Our highly experienced team can take care of everything, leaving your time free from day to day tenant questions, transferring the rental income direct to your account every month. Call us 7 days a week, until 6:00pm on weekdays on 01522 620 510 or email lettings@yourhomeproperty.co.uk, to discuss your requirements. Happy House Hunting!
Property Features :
- 6 Bedroom Student House
- Close to Lincoln University
- ROC 13.64%*
- Recently Refurbished
- More info Call Your Home