Starkey&Brown Lincoln
34 Silver Street
Lincoln
Lincolnshire
LN2 1EH
01522 845845
Station Road, North Hykeham, LincolnOffers in the Region Of £330,000 - Draft Particulars - Awaiting Vendors Approval
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On MarketStarkey&Brown Lincoln - 01522 84584500016416
GREAT INVESTMENT!! £20,800 GROSS INCOME PER ANNUM!! Located within the desirable North Hykeham area of Lincoln, within walking distance of North Hykeham train station and a wide variety of amenities is this superb investment opportunity on Station Road. This extended, detached freehold property consists of three one-bedroom apartments being offered for sale with tenants in situ and currently generating an income of £20,880, which equates to a healthy 5.8% gross return per annum. Over recent years the property has benefited from a comprehensive scheme of remodelling and extending and has been fully refurbished to include wiring, heating, kitchens, bathrooms, windows, doors and high levels of insulation and soundproofing. Outside the property has three parking spaces and communal grounds which offer suitable space for further development, subject to planning permission. Call today for more information or to arrange a viewing. Council tax band: A. Freehold.
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