14 bedroom block of apartments for sale

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14 bedroom block of apartments for sale

Portland Street, Lincoln, LN5
£1,200,000

Our Summary

  • IDEAL INVESTMENT OPPORTUNITY
  • Investment Opportunity

Description

This ideal investment opportunity is a block of nine self-contained student apartments located on Portland Street in Lincoln, with each apartment individually designed and refurbished throughout. The property is fully let for the 2024/2025 academic year, generating an annual gross income of £112,455. The apartments are situated in a prime location, just south of Lincoln City Centre, with easy access to the university and transport links, as well as walking distance to Lincoln Central Rail Station. The property also features high-speed broadband, strong mobile network coverage, and modern amenities such as upvc double glazing and gas central heating, making it an attractive investment opportunity.