Skip to main content

£2,200,000

2 bedroom apartment for sale

Swallowbeck Court, Lincoln

Sold STC

£2,200,000

2 bedroom apartment for sale

Swallowbeck Court, Lincoln

Sold STC

Description

Back

Property features

  • INVESTMENT OPPORTUNITY
  • 16 Two Bedroomed Apartments
  • 1 Three Bedroomed Bungalow
  • The Apartments & Bungalow achieve an annual gross rental income of £123,300 (approx. 5.6% yield)
  • Gas Central Heating & uPVC Double Glazing
  • Apartment EPC Energy Ratings - B (81)
  • Bungalow EPC Energy Rating - B (82)

Property description

A UNIQUE INVESTMENT OPPORTUNITY - 16 x TWO BEDROOMED SELF CONTAINED APARTMENTS AND 1 X THREE BEDROOMED DETACHED BUNGALOW. The properties were built by Messrs Barker and Sons and benefit from gas central heating, uPVC double glazing and designated parking space. The apartments have internal accommodation to comprise of Entrance Hall, Lounge, Fitted Kitchen, two Bedrooms and Bathroom. The bungalow also benefits from gas central heating, uPVC double glazing and has accommodation to comprise of Entrance Hall, Lounge, Open Plan Kitchen Diner, three Bedrooms, En-Suite Bathroom to the Master Bedroom and Family Bathroom. The apartments and bungalow are let on Assured Shorthold Tenancies achieving an ANNUAL GROSS RENTAL INCOME OF £94,620 (approx. 4.3% yield). 

DISCLAIMER These plans are for layout guidance only. Not drawn to scale, unless stated. Window and door openings are approximate. Whilst every care is taken in the preparation of these plans, please check all dimensions, shapes and compass bearings before making any decision reliant upon them. All interested parties must verify their accuracy independently.
 

LOCATION Particularly well located just off Doddington Road, in this popular residential area to the South of the City within easy distance of excellent facilities, including schooling of all grades, shops, superstores and supermarkets. Further amenities are available in nearly North Hykeham. Good road access to the City Centre via either Newark Road or Tritton Road. 

Property information from this agent

See more properties like this:

Map

Back

Nearby services within a 3 mile radius

Stations
Schools
Food stores
Health

Street view is not available at this location

Floor plans

Back
Call 01522 397790

DISCLAIMER

Property reference 102125015896. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Mundys - Lincoln. Please contact the selling agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Call rate information

Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.

Contact Mundys - Lincoln about 2 bedroom apartment for sale £2,200,000

Type of enquiry

Characters remaining:

OnTheMarket can contact me with relevant properties, offers and news

By submitting this form, you accept our privacy policy. Your personal data will be sent to Mundys - Lincoln so that they can respond to your request.

NAEA Propertymark (National Association of Estate Agents) is the UK's leading professional body for estate agency. Our members practise across all aspects of property both in the UK and overseas, including residential and commercial sales and letting, property management, business transfer, auctioneering and land.