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3 bed flat
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Our Summary
- Fantastic Investment Opportunity
- Potential For Further Development (STPP)
- Located within the desirable North Hykeham area of Lincoln, within walking distance of North Hykeham train station and a wide variety of amenities is this superb investment opportunity on Station Road
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Description
This detached freehold property on Station Road in North Hykeham, Lincoln, offers a fantastic investment opportunity with a gross potential income of £20,800 per annum. The three one-bedroom apartments, which have tenants in situ, have been comprehensively refurbished and extended to include modern amenities such as wiring, heating, kitchens, bathrooms, windows, and doors. With a healthy 5.8% gross return per annum, this property presents a lucrative opportunity for investors.
Located within walking distance of North Hykeham train station and a variety of amenities, this property is a great find for anyone looking to generate a steady income with minimal effort.