4 bedroom terraced house for sale

Alexandra Terrace, Lincoln

01522 397710

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Terraced house

4 bed

1 bath

EPC rating: D*

850 sq ft / 79 sq m

Key information

Tenure: Freehold

Council tax: Band A

Broadband: Ultra-fast 1000Mbps *

Mobile signal:

EE O2 Three Vodafone

Water: Mains supply

Heating: Ask agent

Electricity: Mains supply

Sewerage: Ask agent

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Property description & features

Tenure: Freehold
Four bedrooms
Three storey property
10% gr.yield
Income of £20,000 per year
Uphill area of lincoln
Close to university of lincoln
Viewing essential
Investment opportunity

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%, with the potential to increase this year on year in line with market rent.

Accommodation briefly comprises of: Kitchen/Dining Area, Living Room and Utility Area to the Lower Ground Floor. On the Ground Floor you will find Two Double Bedrooms, with a further Double and Single Bedroom 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.

Living Room - 8'3" (2.51m) x 10'5" (3.18m)
UPVc windows with a brick base, UPVc French doors leading to rear aspect, radiator, tiled floor, UPVc French doors leading to

Kitchen/Diner - 12'0" (3.66m) x 15'0" (4.57m)
Access to Utility Area, radiator, fitted with base units and wood work surfaces and spaces for under the counter appliances. Access to Ground Floor.

Utility Area - 4'11" (1.5m) x 8'8" (2.64m)

Bedroom 1 - 12'0" (3.66m) x 11'2" (3.4m)
Window to rear aspect, radiator, carpet, built in storage

Bedroom 2 - 12'0" (3.66m) x 7'10" (2.39m)
Window to front aspect, radiator, carpet

Bedroom 3 - 12'0" (3.66m) x 11'2" (3.4m)
Window to front aspect, radiator, carpet, built in storage

Bathroom - 7'6" (2.29m) x 8'8" (2.64m)
Window to rear aspect, radiator, laminate wood flooring. Fitted with three piece suite consisting of low level WC, pedestal sink, and panelled bath with shower over

Bedroom 4 - 5'1" (1.55m) x 11'8" (3.56m)
Window to rear aspect, radiator, carpet

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.

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Places of interest

Pridea Sales & Lettings - Lincoln

375 High St Lincoln, Lincs LN5 7RY

01522 397710

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What is your home worth?

Pridea Sales and Lettings was established six years ago in the University City of Lincoln. The company was initially centred on the day to day management of a large property portfolio, owned by the current director. We have since expanded through building successful relationships with other landlords and also now manage an increasing number of third party owned properties. Our business is based on pride, hence the name ‘Pridea’. We have a huge sense of pride in what we do and have a great passion for the property industry. We are very proud of every aspect of our business and our focus is to provide a fantastic product and service that always clearly demonstrates our Pridea ethos. The Pridea team has over 50 years of experience in the lettings industry and we reflect the same passion that our customers have for their own properties. Our experience has been invaluable in helping us to ensure that properties are managed in the correct way, creating a stress-free experience for both Landlord and Tenant. As a company, we are currently managing over £7 million pounds of residential property across the United Kingdom. We continue to research and investigate the market to ensure that we always provide a comprehensive service, at a competitive price. We have also recently opened a property sales division. The sales team at Pridea are a highly driven group who apply both unique and traditional marketing techniques to turn our clients’ dreams into reality. This part of the company will continue to develop by applying the same trusted, Pridea customer service principles that have always been a recipe for success. Be it in sales, lettings or both, our Pridea promise will always be to go above and beyond, guaranteeing our clients that the service they receive will be of the highest standard. We endeavour to give our customers their own sense of pride in being part of our growing business.

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*DISCLAIMER

Property reference 1864_PRID. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Pridea Sales & Lettings - Lincoln.

OnTheMarket may have applied supplementary data to this property listing, including:

Broadband availability and predicted speed: obtained from Ofcom on January 14, 2022

Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s

The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

Mobile phone signal availability and predicted strength: obtained from Ofcom on January 14, 2022

Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

Energy Performance data and Internal floor area: obtained on January 11, 2023 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

*Call rate information

Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.