>
2 bedroom property for sale
Belle Vue Terrace - Serviced Accommodation Investment, Lincoln, LN1
£195,000
Belle Vue Terrace - Serviced Accommodation Investment, Lincoln, LN1
£195,000
Our Summary
- The OPA is delighted to present this superb opportunity to acquire this ready made investment opportunity
- TENURE & INVESTMENT OPPORTUNITY
- Confirm existence and nature of any known planning or proposals for development
- Cash buyers preferred
- Cash purchasers preferred
- Fantastic Investment Opportunity
Description
This is a unique investment opportunity to purchase a freehold, two-bedroom, three-story terraced house in Lincoln, a highly sought-after area with a rich heritage. The property has been recently renovated and currently generates £27,000 per annum in net rental income through serviced accommodation. The new buyer can continue to rent it out or purchase it vacant. The property boasts a lounge, dining room, kitchen, two bedrooms, a family bathroom, a cellar, and a courtyard garden. It is situated close to the city center, with amenities such as schools, healthcare services, and a train station within walking distance. The property is being sold freehold, and the buyer will need to pay a 2% buyer's fee, subject to a minimum fee of £3,999.