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£155,000 Offers in region of

5 bedroom terraced house for sale

Ripon Street, Lincoln

Online viewing

£155,000 Offers in region of

5 bedroom terraced house for sale

Ripon Street, Lincoln

Online viewing

Description

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Property features

  • Tenure: Freehold
  • Ideal Investment Opportunity
  • 5 bedroom HMO
  • Current Income of £19188
  • Yield 11.99% at listing price
  • Certificate of lawfulness granted
  • Walking distance to city centre & university
  • Rear enclosed courtyard area
  • Communal room
  • EPC rating: D
  • Council Tax Band: A

Nearest stations

Lincoln Central (0.3mi.)
Hykeham (3.2mi.)

Nearest schools

school icon  The Lincoln Bishop King Church of England Primary School (0.2mi.)
Good
school icon  Athena School (0.3mi.)
Good
school icon  The Lincoln St Peter at Gowts Church of England Primary School (0.3mi.)
Good

Virtual tour

Property description

Pridea estate agents are presenting a 5-Bedroom property currently utilised as *fully licensed HMO accommodation.* INVESTORS, this property is currently achieving a gross rental yield of: *12.4% at full occupancy.*

The property is briefly comprised of 5 bedrooms, shared communal lounge, shared kitchen with appliances, shared 4 piece bathroom suite & rear courtyard area. The property is at current HMO regulatory standard throughout and offers a great location for commuting, catering to working professionals.

For more information or to arrange an appointment, please get in touch with the office.

Bathroom: - 5'1" (1.55m) x 7'0" (2.13m)
Four piece bathroom suite, WC with top level flush, dual taps , obscure windows to courtyard aspect, panelled bath with overhead shower.

Kitchen: - 10'7" (3.23m) x 7'0" (2.13m)
Base wood effect units, free standing cooker with 4 ring electric hobs, chrome effect sink / drainer with double glazed window to courtyard area.

Communal Room: - 11'11" (3.63m) x 11'11" (3.63m)
Fireplace, double glazed window to courtyard area.

Stairs: - 6'10" (2.08m) x 11'11" (3.63m)

Bedroom One: - 15'4" (4.67m) x 11'11" (3.63m)
Double glazed uPVC window to front aspect, coving throughout, double panel radiator.

Bedroom Two: - 15'4" (4.67m) x 11'11" (3.63m)
Double glazed uPVC window to front aspect, double panel radiator & coving throughout.

Bedroom Three: - 11'11" (3.63m) x 4'11" (1.5m)
Double glazed window to rear aspect, coving throughout & fixtures.

Bedroom Four: - 11'11" (3.63m) x 4'11" (1.5m)
Double glazed window to rear aspect, coving throughout & double panel radiator.

Bedroom Five: - 11'3" (3.43m) x 11'11" (3.63m)
Skylight, storage cupboard, double panel radiator.

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.

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Virtual tours

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Map

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Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Street view is not available at this location

Floor plans

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DISCLAIMER

Property reference 1156_PRID. 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 Pridea Sales & Lettings - Lincoln. Please contact the property advertiser 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.

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