MapProperty for sale
Key information
Features and description
- Freehold student housing investment
- Comprises 22 ensuite letting rooms
- Arranged as studio apartments
- Approximately 674 sq m (7,252 sq ft) GIA
- Close to University of Lincoln and Lincoln Bishop University (approximately 22,500 students)
- Producing £145,000 per annum (plus 5 vacant studios)
A prominent corner two storey building of traditonal construction beneath a pitched roof. The building provides 22 ensuite studio rooms as well as communal kitchens and living areas and a laundry room. Externally there is a communal courtyard. A renovation programme was completed in late 2024 to convert the building to the current layout of 22 studios.
Location:
The cathedral city of Lincoln lies approximately 17 miles north east of Newark-on-Trent and can be accessed via the A46, A15 and A158. Lincoln railway station provides regional rail links as well as regular direct services to London King's Cross. Additionally numerous routes serve the area and East Midlands Airport lies approximately 43 miles to the south west.
Lincoln is served by two universities, these being the University of Lincoln (approximately 20,000 students), which lies within a few minutes' walk of the property and Lincoln Bishop University (approximately 2,500 students).
Holmes Road runs south from Carholme Road on the northern back of Foss Dyke and to the south west of the city centre. The property commands a prominent position on the corner of Holmes Road and Carholme Road in a mixed commercial and residential area.
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