Map5 bedroom semi-detached house for sale
Key information
Features and description
- Tenure: Freehold
- Guide Price £250,000 £270,000
- Converted 1906 Church Hall
- Flexible Planning Granted
- HMO C4 Use Granted & Residential C3
- EPC Grade E
- City of Lincoln Council
- Council Tax Band B
- No Onward Chain
*FANTASTIC INVESTMENT ON OPPORUNITY ON OFFER* This fully renovated and remodelled former church hall comes to the market offering a very attractive proposal for investors looking to add to their portfolio. With planning permission in place for use as a HMO or a residential let. Boasting potential gross annual returns of £30,000. The property has flexible C4 HMO use granted as well as C3 residential let.
The property itself has been fully renovated to offer a blend of modern open plan living but maintaining some beautiful, original features. Dating back to 1906 this former church hall oozes character and charm.
Boasting just over 1500 sq. ft of accommodation and a secluded balcony terrace. 2B Cromwell Street offers comfortable, social living.
Located off Monks Road close to Lincoln City Centre, Lincoln University & Lincoln College.
Freehold/City of Lincoln Council-Band B/EPC Grade E.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
LIN240342/2
Rooms
Ground Floor
Hallway
uPVC entrance door, two double glazed windows to front aspect, utility area with space and plumbing for appliances, stairs rising to first floor with under stairs cupboard, electric heater.
Bedroom 1 5.22m x 3.23m
Double glazed window to front aspect, electric heater, fitted wardrobes.
Bedroom 2 3.59m x 3.04m
Double glazed window to side aspect, electric heater.
Bedroom 4 3.54m x 3.09m
Double glazed window to front aspect, electric heater.
Shower Room 3.51m x 2.23m
Comprising of double shower cubicle, low level WC, pedestal wash hand basin, airing cupboard off, heated towel rail.
First Floor
Kitchen/Living Area 5.03m x 2.5m
Modern recently fitted kitchen being fitted with a range of eye level wall and base units with contrasting roll edge work surfaces fitted over, electric oven with 4 ring induction hob, one and a half bowl acrylic sink unit with drainer and mixer tap over, space for fridge freezer, Velux window, uPVC door leading onto the terrace, electric heater.
Bedroom 3 5.2m x 3.01m
Velux window, exposed beam to ceiling, electric heater.
Bedroom 5 3.18m x 3.03m
Velux windows, exposed beam to ceiling, electric heater.
Bathroom 3.18m x 2.45m
Comprising of Jacuzzi bath with shower fitted over, low level WC, pedestal wash hand basin, Velux window, heated towel rail, storage cupboard off.
Balcony Terrace 5.44m x 3.08m
Laid to decking and fully enclosed by wrought iron railing with open views of the church and beyond.
Tenure
Freehold.
Local Authority
City of Lincoln Council.
Note to Investors
If this property was fully let as a HMO we would expect the property return circa £30,000 gross per annum which would result in a gross rental yield of around 12%. For more information on potential rental returns please call the branch.
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