Sold Subject to Contract

St Faiths Street, West End, Lincoln

Bed icon  2    Bath icon  1    receptions icon  1

£135,000

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Features

  • Excellent Investment Opportunity
  • 8.63% Gross Return
  • Prime Student Location
  • 2 Double Bedrooms
  • Contracts In Place Until Summer 2020
  • Gross Rental Income £11,648
  • Fully Furnished
  • Call Today To View!

Full Details

** CASH BUYERS ONLY **EXCELLENT INVESTMENT PROPERTY IN PRIME STUDENT LETTING LOCATION! GROSS YIELD OF 9.4%! Located within the popular West End area of Lincoln, within easy walking distance of Lincoln University and the city centre, is this investment property on St Faiths Street. The property has an excellent investment track record and has the benefit of a secured tenancy for the 2021/2022 academic year through a reputable, DASH accredited landlord, also approved by the University of Lincoln. For the 2020/2021 year the property has provided a gross income of £12,688, which represents a gross yield of 9.4%. For the 2021/2022 year the property will provide a gross income of £12,294 per year. The property has been well maintained by the current owners, and is being sold fully furnished. Accommodation briefly comprises side entrance lobby, communal lounge, modern kitchen diner, 2 double bedrooms and first floor bathroom. The property also has a yard to the rear. Call today to arrange a viewing.
Floorplan for St Faiths Street, West End, Lincoln
EPC Graph for St Faiths Street, West End, Lincoln

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Starkey&Brown were formed in 2006, by David Starkey and Michael Brown.

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