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6 bed flat
Brayford Wharf East, Lincoln LN5
£280,000
Brayford Wharf East, Lincoln LN5
£280,000
Our Summary
- This makes it an excellent hands-off investment opportunity
Description
This six-bedroom en-suite apartment is being sold via Secure Sale online bidding with a starting bid of £280,000. Located in The Junxion, just a minute's walk from the University of Lincoln and Students' Union, the property offers a high-yield, hands-off investment opportunity. The fully furnished apartment features six private en-suite shower rooms, a spacious communal lounge/kitchen/diner, and shared on-site amenities such as games rooms and TV lounges. The property is currently generating £37,440 per annum and is fully managed by Mezzino, who handle all aspects of the property, including rent collection, maintenance, and bills. The 200-year lease from 2004 includes a ground rent of £1 per annum and a comprehensive service charge of £16,961.31, making it an excellent investment opportunity for those looking for a hassle-free return.