1 bedroom flat for sale

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1 bedroom flat for sale

Aldergrove Crescent, Lincoln, LN6
£77,000

Our Summary

  • Please see the Let Property Pack linked below for greater details on this property's investment potential

Description

This 1-bedroom flat in Lincoln is an excellent investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a bedroom, lounge, kitchen, and bathroom. Currently, it generates an annual gross income of £6,600, which could be increased to £7,596 with long-term tenants already in place. The tenants, who have lived in the property for several years, have consistently paid their rent and have no intention of moving out. With a purchase price that will yield a worthwhile return, this flat is a great addition to any investor's portfolio.
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