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6 bed flat
The Junxion, Brayford Wharf East, Lincoln LN5
£285,000
-3.4%
Next Steps
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Price History
Initial price £295,000
May 8, 2024 £285,000
Price Change -3.4%
Our Summary
- INVESTMENT OPPORTUNITY
- Investment opportunity - A six bedroom furnished fully managed student let in a modern apartment block
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Description
The property is a 6-bedroom student let apartment located on the 6th floor of a modern apartment block. It has a communal lounge, kitchen, and dining area, as well as six en-suite bedrooms. The apartment is fully furnished and managed by a professional company, which handles marketing, maintenance, billing, and rent collection.
The property is currently let for the 2023/2024 academic year at £118 per room, generating a gross income of £33,984 and a net income of £16,176.81 per year.