Terraced house for sale in Avenue Terrace, Lincoln LN1

Offers in region of £190,000
Interested in this property? Call +44 1522 397623 * or Request Details

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Terraced house for sale - 4 bedrooms

4 1 1 EPC Rating: D EPC Rating: D

Tenure:
Freehold
Council tax band:
A

Property features

  • Four bedrooms
  • Three storey property
  • 10.5% gr.yield
  • Income of £20,000 per year
  • Close to university of lincoln
  • Uphill area of lincoln
  • Viewing essential
  • Investment opportunity

Property description

Pridea Sales and Lettings are proud to present to market this 4 bedroom, terraced property in the uphill area of the City of Lincoln.

Currently being utilised as student accommodation, producing a rental income of £20,000 per annum, giving a gross yield of 10.5%, with the potential to increase this year on year in line with market rent.

Accommodation briefly comprises of: Double Bedroom to the Lower Ground Floor, Living Room, Kitchen and Double Bedroom to the Ground Floor and Two further Double Bedrooms and Bathroom to the First Floor.
Externally to the rear aspect is a decked patio area with further outdoor space laid to gravel and access to the front aspect.

Early and internal viewing is advised to truly appreciate the accommodation this property has to offer.

Bedroom 1 - 11'10" (3.61m) x 11'10" (3.61m)
Wooden door to front aspect, window to front aspect, radiator, carpet, access to Ground Floor

Living Room - 11'10" (3.61m) x 11'10" (3.61m)
Access to Lower Ground Floor, window to rear aspect, radiator, carpet, leading to

Kitchen - 6'2" (1.88m) x 12'7" (3.84m)
UPVc door to side aspect, window to side aspect, radiator, laminate wood floor. Fitted with a range of wall and base units with wood work surfaces and spaces for under the counter appliances

Bedroom 2 - 11'10" (3.61m) x 12'4" (3.76m)
Window to front aspect, radiator, carpet

Bedroom 3 - 11'10" (3.61m) x 11'10" (3.61m)
Window to rear aspect, radiator, carpet

Bedroom 4 - 6'11" (2.11m) x 9'6" (2.9m)
Window to front aspect, radiator, carpet

Bathroom - 4'7" (1.4m) x 12'7" (3.84m)
Window to front aspect. Fitted with three piece suite consisting of low level WC, vanity sink with cabinet and walk in shower. Heated towel rail, laminate wood flooring,

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Property info

Floorplan(s): Floorplan 1

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For more information about this property, please contact
Pridea Sales and Lettings, LN5 on +44 1522 397623 * (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 Pridea Sales and Lettings, and do not constitute property particulars. Please contact Pridea Sales and Lettings 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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