Station Road, North Hykeham, Lincoln

Features

• Fantastic Investment Opportunity
• Three Apartments With Tenants In Situ
• Gross Income £20,880
• Gross Return Of 5.8%
• Parking For All Apartments
• Large Plot
• Potential For Further Development (STPP)
• Call Today To View

Full Details

GREAT INVESTMENT!! £20,800 GROSS INCOME PER ANNUM!! Located within the desirable North Hykeham area of Lincoln, within walking distance of North Hykeham train station and a wide variety of amenities is this superb investment opportunity on Station Road. This extended, detached freehold property consists of three one-bedroom apartments being offered for sale with tenants in situ and currently generating an income of £20,880, which equates to a healthy 5.8% gross return per annum. Over recent years the property has benefited from a comprehensive scheme of remodelling and extending and has been fully refurbished to include wiring, heating, kitchens, bathrooms, windows, doors and high levels of insulation and soundproofing. Outside the property has three parking spaces and communal grounds which offer suitable space for further development, subject to planning permission. Call today for more information or to arrange a viewing. Council tax band: A. Freehold.