35 St. Hugh Street, Lincoln... 3 bed terraced house for sale

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35 St. Hugh Street, Lincoln... 3 bed terraced house for sale

35 St. Hugh Street, Lincoln, Lincolnshire LN2 5BG
£75,000

Our Summary

  • Auction Date Commencing on Monday 26th May at 1pm and ending 24 hours later on 27th May at 1pm With Auction House Please register to bid via our website - auctionhouse

Description

This property is a three-room HMO, fully let and generating £18,900 per annum. The three individually let rooms are rented out at £525 per month each, with all three tenants being well-established and paying rent on time with no arrears. The property is located on St. Hugh Street, just a short walk from Lincoln's city centre, with easy access to the university, bus station, and railway station. The property is being sold on a freehold basis, with an EPC rating of D. The buyer will be responsible for an administration fee of £3600 inc VAT and any disbursements listed in the legal pack, payable on completion.