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6 bedroom terraced house for sale
Albany Street, Lincoln
£425,000
Albany Street, Lincoln
£425,000
Our Summary
- INVESTMENT PROPERTY, 3 x 2 Bed Separate Dwellings, Recently Converted, FULLY LET UNTIL AUGUST 2025, Generating approx £45k gross pa, UPHILL LOCATIONProperty Description - We are delighted to offer to the market an investment opportunity of 3 separate two bedroom properties situated in the popular Uphill area of Lincoln just off Burton Road
Description
This investment property consists of three separate two-bedroom dwellings, fully let until August 2025, generating approximately £45,000 gross per annum. The properties, located in the popular Uphill area of Lincoln, were recently converted in 2022 and feature separate heating systems and utilities in each unit. Each property is fully furnished and has a unique layout, with features such as gas central heating, uPVC double-glazed windows, and fully fitted kitchens. The properties are situated within a gated courtyard and benefit from a convenient location near shops, amenities, and the Cathedral Quarter. The current rent income is £260 per week for each property, with agreements in place until 2025.