- INVESTMENT OPPORTUNITY OR IDEAL FAMILY HOME!
- CURRENTLY A HOME OF MULTIPLE OCCUPANCY
- Approx Gross Yield of 7.01%
- Current Income Approx £22,440 PA
- 6 Lettable Bedrooms
- Well Located for Lincoln University
- EPC Energy Rating - D
- Council Tax Band - C (Lincoln City Council)
Richmond Road, Lincoln
£320,000
6 Bedroom Terraced House for sale in Lincoln
6
2
INVESTMENT OPPORTUNITY/HOME OF MULTIPLE OCCUPANCY! A six bedroomed mid terraced home of multiple occupancy located within a short walk from Lincoln University and Lincoln City Centre. The property is currently fully let, with an annual income of approx. £22,440, giving an approximate yield of 7.01%. Internally the property offers living accommodation briefly comprising of Hallway, Communal Lounge, Kitchen, Rear Lobby, Downstairs Shower Room, Downstairs Bedroom and a First Floor Landing leading to five further Bedrooms. Outside there is a courtyard garden to the rear.
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 University.
ENTRANCE HALL With staircase to first floor and radiator.
COMMUNAL LOUNGE 13' 05" x 12' 03" (4.09m x 3.73m) With double glazed window to the rear aspect and door to the rear garden, feature fireplace and radiator.
KITCHEN 20' 04" x 10' 07" (6.2m x 3.23m) Fitted with a range of wall, base units and drawers with work surfaces, sink and side drainer with mixer tap over, gas hob, electric oven, space for dishwasher and radiator.
BEDROOM 13' 05" x 12' 11" (4.09m x 3.94m) With double glazed bay window to the front aspect, feature fireplace and radiator.
SHOWER ROOM Fitted with a three piece suite comprising of shower cubicle, pedestal wash hand basin and close coupled WC, heated towel rail and double glazed window.
FIRST FLOOR LANDING With radiator.
BEDROOM 15' 03 (max)" x 10' 02" (4.65m x 3.1m) With double glazed window to the rear aspect, fitted wardrobe and radiator.
BEDROOM 13' 3" x 8' 6 (min)" (4.04m x 2.59m) With double glazed bay window to the front aspect and radiator.
BEDROOM 9' 11" x 9' 09" (3.02m x 2.97m) With double glazed window to the front aspect and radiator.
BEDROOM 10' 11" x 9' 11" (3.33m x 3.02m) With double glazed windows to the rear and side aspects and radiator.
BEDROOM 10' 05" x 7' 11" (3.18m x 2.41m) With double glazed window to the side aspect and radiator.
SHOWER ROOM Fitted with a three piece suite comprising of shower cubicle, pedestal wash hand basin and close coupled WC, heated towel radiator and double glazed window.
Important information
Property Ref: 58704_102125027116
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Mundys (Lincoln)
29 Silver Street, Lincoln, Lincolnshire, LN2 1AS
01522 510044
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