Property Details

West Parade, West End, LincolnOffers in Excess of £300,000

On MarketStarkey&Brown Lincoln - 01522 84584500013021

House Of Multiple Occupancy
6 Bedrooms
3 Bathrooms
Gross Income £34,902
10.5% Gross Return
Popular Student Location
Excellent Rental Track Record
Call Today For More Information

HMO!! 11.63% GROSS RETURN!! Located within the popular west end area of Lincoln, within easy walking distance of the city centre and the University of Lincoln is this very well maintained 6 bedroom house of multiple occupancy on west parade. The property offers an excellent rental track record and is currently let for £34,902, which represents an attractive gross return of 11.63% per annum. Accommodation briefly comprises entrance hallway, communal lounge with bay window, 20ft kitchen, six bedrooms spread over three floors, two ground floor shower rooms and large first floor bathroom. Call today to arrange a viewing. Council tax band: B. Freehold.

Entrance Lobby
Having uPVC front entrance door, mosaic tiled floor and door into:
Entrance Hallway
Having radiator, stairs rising to first floor and understairs storage cupboard.
Lounge14' 6'' into bay x 12' 4'' (4.42m x 3.76m)
Having large bay window to front aspect, ornamental fireplace, radiator and ornate coving.
Kitchen20' 0'' x 6' 8'' (6.09m x 2.03m)
Having a range of matching wall and base units, 2 stainless steel sink units, space for a range of appliances, wood effect flooring, and uPVC door to garden.
Shower Room 1
Having 3 piece suite comprising shower cubicle with electric shower appliance, wash hand basin with tiled splash backs, low level WC, wood effect flooring and radiator.
Shower Room 2
Having tiled shower cubicle with electric shower appliance.
Bedroom 613' 3'' max x 9' 1'' max (4.04m x 2.77m)
Having laminate wood effect flooring, radiator and pedestal wash hand basin with tiled splash backs.
First Floor Landing
Having stairs to second floor.
Bedroom 513' 2'' max x 9' 10'' max (4.01m x 2.99m)
Having pedestal wash hand basin with tiled splash backs and radiator.
Bedroom 412' 2'' x 8' 4'' (3.71m x 2.54m)
Having radiator.
Bedroom 312' 4'' x 7' 4'' (3.76m x 2.23m)
Having radiator.
Bathroom11' 8'' x 9' 0'' max (3.55m x 2.74m)
Having 3 piece suite comprising double shower cubicle with mains fed shower, wash hand basin with tiled splash backs, low level WC, wood effect flooring, heated towel rail and extractor.
Second Floor Landing
Bedroom 211' 10'' x 9' 6'' max (3.60m x 2.89m)
Having Velux window to rear aspect and radiator.
Bedroom 115' 10'' max x 9' 4'' (4.82m x 2.84m)
Having dormer window to front aspect and contemporary style vertical radiator.

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