House for sale

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House for sale

8-12a Alabala Close, Washingborough, Lincoln LN4 1SD
£900,000

Our Summary

  • RESIDENTIAL INVESTMENT OPPORTUNITY | MULTI-UNIT FREEHOLD BLOCK COMPRISING 6 SELF-CONTAINED APARTMENTS CONSTRUCTED IN 2020| Situated within grounds extending to circa 0
  • RESIDENTIAL INVESTMENT OPPORTUNITY

Description

This is a residential investment opportunity featuring a multi-unit freehold block of six self-contained apartments constructed in 2020, situated on a 0.61-acre plot in a sought-after village location with easy access to major roads and the city centre. The apartments are fully occupied, generating a gross income of £63,600 per annum, with an estimated market rental value of £69,000 per annum. Each apartment comes with the remainder of a 10-year structural warranty, making it an attractive investment opportunity. The guide price is available upon application.