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4 bedroom flat for sale
St. Andrews Street, Lincoln, Lincolnshire, LN5
£139,000
St. Andrews Street, Lincoln, Lincolnshire, LN5
£139,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
Description
This 4-bedroom flat in Lincoln offers a fantastic investment opportunity for those looking to expand their portfolio. The property features 4 bedrooms, a bathroom, lounge, kitchen, and garden ground space, and currently produces an annual gross income of £11,136. With long-term tenants already situated, the new owner has the potential to increase the income to a market rate of £13,800. The tenants have consistently paid their rent and have no intentions to move out, making for a stable and worthwhile investment. With a valuable location and rewarding rental returns, this property is an attractive addition to any investor's portfolio.