5 bedroom semi-detached house for sale
Key information
Property description & features
- 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 every case.
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.
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference LIN240342. 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 Your Move - Lincoln.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 17, 2021
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 5, 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 February 11, 2024 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.