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1 bedroom flat for sale
Clasketgate, Lincoln
£93,000
Clasketgate, Lincoln
£93,000
Our Summary
- Lincoln City Centre Investment Opportunity with a 8
- With a proven track record of consistent tenancies, this spacious 1 bedroom apartment is an ideal buy to let or alternatively has potential for those with interests in serviced accommodation or city centre living
Description
This 1-bedroom apartment in Lincoln city centre offers a lucrative investment opportunity with a gross yield of 8.38% per annum or £7,800 per annum. The property boasts a proven track record of consistent tenancies, making it an attractive buy-to-let or alternative investment option. The spacious apartment features a double bedroom, 3-piece bathroom suite, and an open-plan living area with a fitted kitchen. With a large period bay window overlooking Clasketgate, the property is situated in the heart of the city's retail, bar, and restaurant area, close to the historic Lincoln Cathedral and within walking distance to the University of Lincoln and Lincoln County Hospital. The property benefits from a low service charge and ground rent, a 125-year lease, and is a Council Tax Band A property.