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4 bedroom terraced house

Terraced house

4 bed

2 bath

Key information

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Water:

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Property description & features

HMO Investment Property
Current income £13520p.a
Potential Income £16640p.a (1 Room Currently Vacant)
4 Bedrooms
1 En Suite & 1 Bathroom
Communal Kitchen
Private Passageway
Large Outbuilding
CERTIFICATE OF LAWFULNESS GRANTED
EPC Energy Rating - D

INVESTMENT OPPORTUNITY - This is a four bedroomed house of multiple occupancy, currently three of the four bedrooms are let and is currently achieving an approximate income of £13,520 per annum, with the potential to increase to £16,640 per annum. The Certificate of Lawfulness for a HMO has already been granted. The property is situated close to the City Centre, with a wide range of local shops and facilities close by and is also within a short walk of Lincoln University. Internally the property has living accommodation to briefly comprise of Communal Kitchen and Bathroom, Downstairs Bedroom and to the First Floor there are three further Bedrooms, one with an En-Suite. The property further benefits from a private passageway, a Courtyard to the rear and a large outbuilding.

LOCATION The historic Cathedral and University City of Lincoln has the usual High Street shops and department stores, plus banking and allied facilities, multiplex cinema, Marina and Art Gallery. The famous Steep Hill leads to the Uphill area of Lincoln and the Bailgate, with its quaint boutiques and bistros, the Castle, Cathedral and renowned Bishop Grosseteste College.

HALL

KITCHEN 12' 3" x 11' 11" (3.73m x 3.63m)

BATHROOM

BEDROOM 11' 11" x 11' 1" (3.63m x 3.38m)

FIRST FLOOR LANDING

BEDROOM 15' 2" x 10' 3" (4.62m x 3.12m)

EN SUITE

BEDROOM 12' 4" x 6' 7" (3.76m x 2.01m)

BEDROOM 9' 4" x 8' 2" (2.84m x 2.49m)

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