14 bedroom block of apartments for sale

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14 bedroom block of apartments for sale

Portland Street, Lincoln, LN5
£1,300,000

Our Summary

  • IDEAL INVESTMENT OPPORTUNITY

Description

This is an ideal investment opportunity located on Portland Street in Lincoln, comprising a block of nine self-contained student apartments that are fully let for the 2024/2025 academic year. The apartments have been extensively refurbished and are individually designed, with five two-bedroom and four one-bedroom apartments. The property generates an annual gross income of £112,455 and is situated in a prime location, close to the university, transport links, and Lincoln Central Rail Station. The property also benefits from modern amenities such as high-speed broadband, strong mobile network coverage, and energy-efficient features like upvc double glazing and gas central heating.
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