Flat for sale in Monks Road, Lincoln LN2

£340,000
Flat for sale - 5 bedrooms 5 3 3
Interested in this property? Call +44 1522 397592 * or Request Details

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Property features

  • Chain Free
  • Great Investment Opportunity
  • Fully Furnished
  • Tenanted For This Academic Year
  • Good Rental Yield
  • Fully Refurbished
  • New Heating System
  • New Electrics

Property description

**fantastic investment opportunity for student accommodation**. There are three flats in total and must be sold together. They are currently rented out for the current academic year 2020/2021. Total asking price is £340,000 with a gross rental income of £32,500 per annum.

The flats have all been recently renovated to a high standard, new carpets, heating system, radiators, electrics, kitchens, (having integrated oven and electric hobs), bathrooms, carpets and general cosmetic decoration.. All fully furnished, (Washing machine, fridge freezer, TV, sofa, beds, microwave, kettle, table and bench. All passed the building regulations with the local authority. So a very easy investment for someone who wants the security but without the hassle of refurbishing, furnishing or finding tenants for this year. Please call Kinetic for further information or a viewing. Flat one is a two bedroom apartment, 50 sqm achieving £12.5k inc bills, gross income per annum

Flat two is a two bedroom apartment, 50 sqm achieving £12.5k inc bills, gross income per annum

Flat three is a one bedroom studio apartment, 32sqm, achieving £7.5k inc bills, per annum.

Photos

We have not got photos of every room due to access however we have managed to get a good range of photos of the apartments to showcase the condition of the property, room proportions and furnishings etc. For further info please call us or arrange a viewing.

Property info

Floorplan(s): Floorplan 1

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For more information about this property, please contact
Kinetic Estate Agents, LN5 on +44 1522 397592 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Kinetic Estate Agents, and do not constitute property particulars. Please contact Kinetic Estate Agents for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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