- INVESTMENT OPPORTUNITY
- Lounge, Dining Room & Kitchen
- 2 Bedrooms, First Floor Bathroom
- Rear Yard with Outbuildings
- TENANTS CURRENTLY PAYING £700 PCM
- YEILD OF 7%
- EPC Energy Rating - E
- Council Tax Band - A (Lincoln City District Council)
2 Bedroom Terraced House for sale in Lincoln
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A Two Bedroom Terraced House situated in the convenient Sincil Bank area just off the High Street, to the south of the Cathedral City of Lincoln and within close proximity to Lincoln City Centre, the University of Lincoln and the train station. The property has internal accommodation comprising of Lounge, Hall, Dining Room, Kitchen and a First Floor Landing leading to Two double Bedrooms and Bathroom. Outside there is an enclosed rear yard with outbuildings. The property further benefits from residents permit parking. The property is currently being sold with tenants in situ, who are on a periodic tenancy, paying £700 PCM. This represents a potential gross yield of approximately 7%, subject to purchase price. Viewing is highly recommended. No Onward Chain.
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 Lincoln Bishop University.
LOUNGE 11' 10" x 11' 1" (3.63m x 3.40m) With double glazed window to the front aspect, laminate flooring and radiator.
HALL With staircase to the First Floor.
DINING ROOM 13' 2" x 11' 6" (4.03m x 3.53m) With double glazed window to the rear aspect, laminate flooring, storage cupboard, understairs storage cupboard and radiator.
KITCHEN 11' 2" x 5' 10" (3.42m x 1.78m) Fitted with a range of wall and base units with work surfaces over, stainless steel sink with side drainer and hot and cold taps, electric oven, gas hob with extractor fan, spaces for washing machine and fridge freezer, tiled splashbacks, laminate flooring, wall mounted gas fired central heating boiler, double glazed window to the side aspect and door to the garden.
FIRST FLOOR LANDING
BEDROOM 1 11' 9" x 11' 2" (3.60m x 3.41m) With double glazed window to the front aspect, fitted wardrobes and radiator.
BEDROOM 2 14' 10" x 7' 6" (4.53m x 2.31m) With double glazed window to the rear aspect and radiator.
BATHROOM 10' 1" x 6' 6" (3.09m x 2.00m) Fitted with a three piece comprising of panelled bath with shower over and glass shower screen, close coupled WC and pedestal wash hand basin, tiled splashbacks, radiator and double glazed window to the rear aspect.
OUTSIDE To the rear of the property there is an enclosed yard with brick outbuildings. The property benefits from residents permit parking.
Property Ref: 102125036729
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Mundys (Lincoln)
29 Silver Street, Lincoln, Lincolnshire, LN2 1AS
01522 510044
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