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Currently being utilised as student accommodation and fully let, producing rental income of ?32,000 per annum, giving a gross yield of 8.2%, with the potential to increase this year on year in line with market rent.
The property is located in close proximity to the University of Lincoln and a wealth of local amenities, with stunning views of the city over the West Common.
The accommodation briefly comprises of: Porch, Hallway, Two Double bedrooms, Living Room, Dining Room, Kitchen, Utility Area, Separate WC. To the first floor, you will find a further Three Double Bedrooms and a Single Bedroom, and Two Bath/Shower Rooms. On the Second Floor is a private Office Space.
Externally, there is a courtyard area to the front aspect with access around the side of the property to another courtyard at the rear aspect, which also leads to up to multiple parking spaces accessed by road from Burton Road.
Porch - 5'11" (1.8m) x 5'11" (1.8m)
Hallway
Bedroom 1 - 15'10" (4.83m) x 14'6" (4.42m)
Bay window to front aspect, radiator, carpet
Bedroom 2 - 12'8" (3.86m) x 13'2" (4.01m)
Bay window to rear aspect, window to side aspect, radiator, carpet
Living Room - 9'11" (3.02m) x 12'10" (3.91m)
Access to kitchen and dining room, radiator, laminate wood flooring
Dining Room - 7'1" (2.16m) x 15'10" (4.83m)
UPVc windows with a brick base, UPVc French doors leading to rear aspect, radiator, laminate wood flooring
Kitchen - 9'11" (3.02m) x 13'3" (4.04m)
Fitted with base cabinets and wood work surfaces, spaces for under the counter appliances, linoleum floor, access to
Utility Area - 6'5" (1.96m) x 4'7" (1.4m)
Fitted with base cabinets and wood work surfaces, space for under the counter appliances, linoleum floor, access to
WC - 2'11" (0.89m) x 7'4" (2.24m)
Fitted with low level WC and wall hung basin, window to side aspect, radiator, laminate wood flooring
Bedroom 3 - 15'10" (4.83m) x 14'6" (4.42m)
Bay window to front aspect, radiator, carpet
Bathroom - 5'11" (1.8m) x 5'11" (1.8m)
Window to side aspect, radiator, laminate wood flooring. Fitted with three piece suite consisting of low level WC, pedestal sink, walk in shower
Bedroom 4 - 12'8" (3.86m) x 13'2" (4.01m)
Bay window to side aspect, radiator, carpet
Bathroom - 6'8" (2.03m) x 7'1" (2.16m)
Window to side aspect, radiator, carpet. Fitted with three piece suite consisting of low level WC, pedestal sink and panelled bath
Bedroom 5 - 6'8" (2.03m) x 10'11" (3.33m)
Window to side aspect, radiator, carpet
Bedroom 6 - 9'11" (3.02m) x 9'10" (3m)
Window to rear aspect, radiator, carpet
Office - 15'10" (4.83m) x 10'3" (3.12m)
Skylight window to side aspect, radiator, carpet
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Council Tax
Lincoln City Council, Band C
Utilities
Electric: Mains Supply
Gas: None
Water: Mains Supply
Sewerage: None
Broadband: None
Telephone: None
Other Items
Heating: Not Specified
Garden/Outside Space: Yes
Parking: Yes
Garage: No
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Full details for 6 Bedroom Semi-Detached For Sale in Lincoln
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Description
Pridea Sales and Lettings are proud to present to market this 6 bedroom, semi-detached property in the uphill area of the City of Lincoln.Currently being utilised as student accommodation and fully let, producing rental income of ?32,000 per annum, giving a gross yield of 8.2%, with the potential to increase this year on year in line with market rent.
The property is located in close proximity to the University of Lincoln and a wealth of local amenities, with stunning views of the city over the West Common.
The accommodation briefly comprises of: Porch, Hallway, Two Double bedrooms, Living Room, Dining Room, Kitchen, Utility Area, Separate WC. To the first floor, you will find a further Three Double Bedrooms and a Single Bedroom, and Two Bath/Shower Rooms. On the Second Floor is a private Office Space.
Externally, there is a courtyard area to the front aspect with access around the side of the property to another courtyard at the rear aspect, which also leads to up to multiple parking spaces accessed by road from Burton Road.
Porch - 5'11" (1.8m) x 5'11" (1.8m)
Hallway
Bedroom 1 - 15'10" (4.83m) x 14'6" (4.42m)
Bay window to front aspect, radiator, carpet
Bedroom 2 - 12'8" (3.86m) x 13'2" (4.01m)
Bay window to rear aspect, window to side aspect, radiator, carpet
Living Room - 9'11" (3.02m) x 12'10" (3.91m)
Access to kitchen and dining room, radiator, laminate wood flooring
Dining Room - 7'1" (2.16m) x 15'10" (4.83m)
UPVc windows with a brick base, UPVc French doors leading to rear aspect, radiator, laminate wood flooring
Kitchen - 9'11" (3.02m) x 13'3" (4.04m)
Fitted with base cabinets and wood work surfaces, spaces for under the counter appliances, linoleum floor, access to
Utility Area - 6'5" (1.96m) x 4'7" (1.4m)
Fitted with base cabinets and wood work surfaces, space for under the counter appliances, linoleum floor, access to
WC - 2'11" (0.89m) x 7'4" (2.24m)
Fitted with low level WC and wall hung basin, window to side aspect, radiator, laminate wood flooring
Bedroom 3 - 15'10" (4.83m) x 14'6" (4.42m)
Bay window to front aspect, radiator, carpet
Bathroom - 5'11" (1.8m) x 5'11" (1.8m)
Window to side aspect, radiator, laminate wood flooring. Fitted with three piece suite consisting of low level WC, pedestal sink, walk in shower
Bedroom 4 - 12'8" (3.86m) x 13'2" (4.01m)
Bay window to side aspect, radiator, carpet
Bathroom - 6'8" (2.03m) x 7'1" (2.16m)
Window to side aspect, radiator, carpet. Fitted with three piece suite consisting of low level WC, pedestal sink and panelled bath
Bedroom 5 - 6'8" (2.03m) x 10'11" (3.33m)
Window to side aspect, radiator, carpet
Bedroom 6 - 9'11" (3.02m) x 9'10" (3m)
Window to rear aspect, radiator, carpet
Office - 15'10" (4.83m) x 10'3" (3.12m)
Skylight window to side aspect, radiator, carpet
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Council Tax
Lincoln City Council, Band C
Utilities
Electric: Mains Supply
Gas: None
Water: Mains Supply
Sewerage: None
Broadband: None
Telephone: None
Other Items
Heating: Not Specified
Garden/Outside Space: Yes
Parking: Yes
Garage: No
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