Lindum Road, Lincoln, LN2

15 bedroom Detached House in Lincoln

For Sale
Offers Over £515,000
Current Yield 7.5 %
Property Reference: 208008649
  • Detached House
  • 15 Bedrooms
  • 3 Bathrooms
  • 1 Receptions
  • 279 sqm

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Long Term Tenants Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • 15 Bedroom HMO
  • Modern Lounge and Kitchen
  • Spacious Rooms
  • Close Proximity to School
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

This is a 15-bedroom flat detached house in Lincoln. With valuable amenities in close proximity, rewarding rental returns and a tenant currently situated, this is a fantastic opportunity for investors looking to expand their portfolio!

The home features 15 spacious bedrooms, three shared bathrooms, modern lounge and kitchen.

Investment Details

It currently produces an annual gross income of £69,000 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They will move out before sale completion.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Helpful Information

Property Reference: 208008649

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £5750
  • Tenancy Agreement in place: YES
  • Tenancy Compliance in place: YES
  • Current Term of Tenancy: 2 years
  • Tenants means of funding: Students
Property Reference: 208008649
Property Reference: 208008649

Property Location

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Request DetailsLindum Road, Lincoln, LN2

Offers Over £515,000

Make an offer
Lindum Road, Lincoln, LN2

Listing Price

Offers Over £515,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.