Property description
ONE FOR THE INVESTORS!!! Your Home Estate Agents are pleased to offer for sale this
INVESTMENT OPPORTUNITY in the popular Uphill area of Lincoln within easy reach of
Bishop Grosseteste University. The property has undergone a scheme of updating and refurbishment and has been organised to provide 3 flats located over 3 floors and laid out as follows:
GROUND FLOOR FLAT (Flat A) comprises: private gated access to side aspect to,
OPEN PLAN LOUNGE/KITCHEN with a
modern fitted kitchen with integral appliances, inner hall providing access to
4 BEDROOMS and shower room. Communal entrance with stairs to first floor leading to FLAT B and further staircase to FLAT C.
Flat B comprises inner hallway,
OPEN PLAN LOUNGE/KITCHEN with modern kitchen with integral appliances,
4 BEDROOMS and shower room. Stairs to
Flat C, having communal hall with stairs to second floor. Door into,
OPEN PLAN LOUNGE/KITCHEN with velux window and modern fitted kitchen with integrated appliances,
BEDROOM and Bathroom. The flats are currently rented out and further details available on request. Call Your Home on 01522 620510 or email
sales@yourhomeproperty.co.uk or call into 42 Silver Street, Lincoln for more details. Open 7 days a week. More details available on
ZOOPLA and
RIGHTMOVE.
Ground Floor Flat - Flat A
Having private gated access via paved pathway to uPVC double glazed door to side aspect into;
Open Plan Lounge / Kitchen
Having uPVC double glazed velux window. Kitchen having a range of wall mounted and base units with worktops over, inset stainless steel sink with mixer tap, integrated hob and electric oven with extractor over, space for fridge freezer and tiled splashbacks. Lounge area having laminate flooring, radiator and TV points. Door leading to;
Inner Hall
Having further entrance door to communal entrance hall, and doors leading to;
Bedroom One
Having uPVC double glazed windows to both front and side aspects. Radiator.
Bedroom Two
Having uPVC double glazed bay window to front aspect. Radiator.
Bedroom Three
Having uPVC double glazed window to side aspect. Storage cupboard and a radiator.
Bedroom Four
Having uPVC double glazed window to side aspect. Radiator.
Shower Room
Having three piece suite including fully tiled shower enclosure, pedestal sink, low level WC and tiled surrounds. Storage cupboard housing boiler.
Communal Entrance
Having uPVC double glazed door to entrance hallway having stairs rising to first floor and door providing access to Flat B with further stairs leading to Flat C.
Flat B - First Floor Flat
Door providing access into;
Inner Hallway
Having further doors providing access to;
Open Plan Lounge / Kitchen
Having 2 x double glazed windows to side aspect. Kitchen having a range of wall mounted and base units with worktops over, inset stainless steel sink with mixer tap, integrated hob and electric oven with extractor over, space for fridge freezer and tiled surrounds. Lounge area having laminate flooring, TV points and a radiator.
Bedroom One
Having double glazed window to rear aspect and a radiator.
Bedroom Two
Having double glazed window to front aspect and a radiator.
Bedroom Three
Having uPVC double glazed windows to both front and side aspects and a radiator.
Bedroom Four
Having double glazed window to front aspect and a radiator.
Shower Room
Having double glazed window to rear aspect. Three piece suite including fully tiled shower enclosure, pedestal sink and low level WC, tiled surrounds and tiled flooring.
Flat C - Second Floor Flat
Entrance via communal hall having stairs rising to first floor, further stairs rising to second floor and door to;
Open Plan Lounge / Kitchen
Having uPVC double glazed velux to rear aspect. Kitchen area having base and wall units with worktops over, inset sink with stainless steel mixer tap, integrated hob and electric oven with extractor over, space for fridge and tiled surrounds. Lounge area having laminate flooring, TV points, access to eaves storage area and a radiator.
Bedroom
Having uPVC double glazed velux window to rear aspect and a radiator.
Bathroom
Having uPVC double glazed velux window to rear aspect. Having three piece suite including panel bath with shower over, pedestal sink and low level WC. Tiled surrounds and heated towel rail.
Current Rental Income
The property is currently fully let. Flat A currently generates £1520 per calendar month. Flat B currently generates £1477 per calendar month. Flat C currently generates £450 per calendar month. The property in total currently generates a monthly income of £3447 which would equate to a rental income of over £40,000 per year.
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
- Updated / Refurbished
- 3 Flats
- Currently Rented
- Uphill Lincoln