Property description
ONE FOR THE INVESTORS! Your Home Estate Agents are pleased to offer for sale this
INVESTMENT OPPORTUNITY located in the popular Sincil Bank area of Lincoln and within easy proximity of the town centre and the University of Lincoln. The property is let (full details available on request)
. The accommodation is currently laid as as follows: side passageway into entrance hall,
Bedroom 1, living room, kitchen and shower room. Stairs to the first floor.
Bedrooms 3, 4 and 5, Bathroom. Stairs to second floor.
Bedrooms 2 and
6. For more details call Your Home on 01522 620510, call into our offices at 42 Silver Street, Lincoln or email
sales@yourhomeproperty.co.uk. Open 7 days a week. More details available on
RIGHTMOVE and
ZOOPLA.
Current Rental Income
The property is currently let from the 1st August 2016 to 6 students on a 48 week contract, achieving a rental income of £22,320 per annum. Bedrooms 1, 2, 5 and 6 are let at £80 per week. Bedroom 3 is let at £75 per week, and Bedroom 4 is let at £70 per week. The property based on the asking price of £159,950 generated a rental yield of approx 13.95%.
Entrance Hall
Having uPVC double glazed door to side aspect into entrance hall. Having stairs rising to first floor, radiator and understairs storage area.
Lounge
Having uPVC double glazed window to rear aspect. TV points and a radiator.
Kitchen
Having uPVC double glazed door to side aspect providing access to rear aspect and uPVC double glazed window to side aspect. Kitchen having a range of wall mounted and base units with worktops over, inset sink with stainless steel mixer tap, gas hob and electric oven with extractor over, tiled surrounds, space and plumbing for washing machine, radiator and wall mounted boiler.
Shower Room
Having 2 x uPVC double glazed windows to side aspects. Three piece suite inlcuding shower cubicle, pedestal sink and low level WC, tiled surrounds and a radiator.
Bedroom One
Having uPVC double glazed bay window to front aspect and a radiator.
Stairs To First Floor
Bedroom Two
Having uPVC double glazed window to rear aspect and a radiator.
Bedroom Three
Having uPVC double glazed to front aspect and a radiator.
Bedroom Four
Having uPVC double glazed window to front aspect and a radiator.
Bathroom
Having uPVC double glazed window to side aspect. Three piece suite including panel bath with wall mounted shower, pedestal sink and low level WC, tiled surrounds, radiator and extractor.
Stairs Rising To Second Floor
Bedroom Five
Having uPVC double glazed to rear aspect and a radiator.
Bedroom Six
Having uPVC double glazed velux window to front aspect and a radiator.
Rear Yard
Having low maintenance paved yard area with gated rear access.
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 :
- Investment Opportunity
- Let on 48 Week AST
- 6 Lettable Rooms
- Close to University
- Popular Area