7 bedroom terraced house for sale
Key information
Features and description
- Tenure: Freehold
- Buy to Let Opportunity
- Long Term Tenants Currently Situated
- Likely to attract enquiries from Serious Investors & Developers
- 7 Bedrooms
- 2 Bathrooms
- Spacious Rooms
- Garden Space
- Prime Rental Location
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
This is a 7-bedroom flat in Lincoln. With valuable amenities in close proximity, rewarding rental returns and a tenant currently situated, this is a fantastic opportunity for investors looking to expand their portfolio!
The well-kept home features 7 spacious bedrooms, 2 bathrooms, modern lounge and kitchen, balcony and garden space.
Investment Details
It currently produces an annual gross income of £20,256 which could be increased by the new owner to a market rate of £24,000 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below.
If you are interested, please call us.
Tenancy Details
The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.
Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.
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