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Studio apartment for sale
S. Margarets Lodge, 2 Upper Lindum Street
£1,100,000
S. Margarets Lodge, 2 Upper Lindum Street
£1,100,000
Our Summary
- Description Prestigious Residential Investment Property For Sale - Superb residential investment opportunity comprising Four Luxury Apartments - We are delighted to offer for sale this unique opportunity to purchase a most impressive Victorian residence which has been cleverly converted into four luxury apartments varying in sizes
Description
Located on Upper Lindum Street, this prestigious Victorian residence has been converted into four luxury apartments, each with its own unique character. The property benefits from a double garage and is situated in the historic Cathedral Quarter of Lincoln, adjacent to Lincoln Minster School and within walking distance to Lincoln Cathedral, Castle, and Bailgate retail area. The apartments have previously operated as "boutique" holiday lets, generating a healthy income, and could potentially be transferred to the new owner. With mains drainage, gas, electricity, and water connected, and gas fired central heating systems serving each apartment separately, this property offers a unique investment opportunity. The property is being sold with vacant possession across all four apartments, and the current Rateable Value is £8,200, which could benefit from full Business Rates exemption dependent on the nature of the new owner.