Terraced house for sale in Foster Street, Lincoln LN5
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- House Of Multiple Occupancy
- Very Well Maintained
- Excellent Rental Track Record
- Let Until Summer 2025
- Gross Income £14,520 Per Annum
- 9.7% Gross Return
- 3 Bedrooms & Study
- Call Today To View!
Property description
3 bed HMO! 9.7% gross return!
Located just off Lincoln High Street and within walking distance of The University of Lincoln is this very well maintained house of multiple occupancy on Foster Street. The property has tenants in situ until July 2025 and generates a healthy revenue of £14,520 which represents a gross return of 9.7% per annum. Accommodation briefly comprises entrance lobby, communal lounge, 13'8 modern kitchen, 3 bedrooms (one to the ground floor and two to the first floor), additional first floor study and first floor bathroom. The property also benefits from an enclosed easily maintained courtyard garden. Call today to arrange a viewing appointment. Council tax band: A. Freehold.
Entrance Lobby
Having uPVC side entrance door, slate effect laminate flooring and stairs rising to first floor.
Bedroom 1 (12' 10'' into bay x 12' 2'' max (3.91m x 3.71m))
Having window to front aspect, radiator and ornate coving.
Lounge (12' 6'' max x 11' 0'' (3.81m x 3.35m))
Having slate effect laminate flooring, radiator, storage cupboard to alcove and understairs storage cupboard.
Kitchen (13' 8'' x 6' 10'' (4.16m x 2.08m))
Having a matching range of wall and base units, one and a half bowl single drainer stainless steel sink unit with mixer taps over, built-in oven, hob and cooker hood, space for a range of additional appliances, slate effect laminate flooring and uPVC door to garden.
First Floor Landing
Bedroom 2 (12' 2'' max x 11' 0'' (3.71m x 3.35m))
Having radiator.
Bedroom 3 (8' 3'' x 8' 3'' (2.51m x 2.51m))
Having radiator.
Study (7' 2'' x 6' 11'' (2.18m x 2.11m))
Having radiator.
Bathroom
Having 3 piece suite comprising panelled bath with electric shower appliance over, wash hand basin set in vanity unit, low level WC, wood effect vinyl flooring, heated towel rail, part tiled walls and extractor. Access to loft which houses central heating boiler (approximately 3 years old).
Outside Rear
To the rear of the property there is an enclosed concrete courtyard garden.
Property info
For more information about this property, please contact
Starkey & Brown, LN2 on +44 1522 397639 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Starkey & Brown, and do not constitute property particulars. Please contact Starkey & Brown 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.