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Block of apartments for sale
Investment Property, St. Margaret's Lodge, 2 Upper Lindum Street, Lincoln, Lincolnshire, LN2
£1,100,000
Investment Property, St. Margaret's Lodge, 2 Upper Lindum Street, Lincoln, Lincolnshire, LN2
£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
- There is also access to a basement storage area which provides potential for further accommodation if required
Description
The property is a Victorian residence located in the historic Cathedral Quarter of Lincoln, within walking distance to the Cathedral, Castle, and Bailgate retail area. The property has been converted into four luxury apartments, each with its own unique features and layout. The apartments vary in size, with the largest being approximately 1,390 sqft and the smallest being approximately 630 sqft. The property also features a double garage and a lawned garden frontage. The apartments have previously operated as holiday lets, generating a healthy income, and could potentially be transferred to the new owner. The property benefits from a range of amenities, including mains drainage, gas, electricity, and water, as well as gas fired central heating systems. The property is being sold with vacant possession across all four apartments and may qualify for small business rates relief.