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Commercial property for sale

Market Place, Caistor, LN7

£340,000

Property Description

Key features

  • Residential investment
  • 5 Apartments
  • Central market place location
  • 1 and 2 double bedrooms
  • Fully refurbished to good standard
  • Potential 7% gross yield
  • Ready to let
  • Excellent demand for rental

Full description

Tenure: Freehold

A recently renovated residential apartment block containing 5 apartments offering a potential 7%+ gross yield. Each apartment has been designed to a high specification throughout and is situated centrally in the sought after market town of Caistor.

LOCATION / DESCRIPTION    A block of 5 apartments are offered for sale as a whole at 7 Market Place, Caistor - As a buy to let investment this may offer a 7%+ Gross yield. This property is a brand new, modern development of spacious 1 and 2 double bedroom apartments which are built to a high specification. Overlooking Caistor market place and set in a convenient location close to shops and local amenities, each apartment is created with today’s lifestyle in mind and perfect for modern living. Space is essential so living / dining rooms are open plan and ideal for entertaining. The modern feel continues with the designer fitted kitchens and stainless steel appliances while the luxury bathrooms are fitted with classically elegant white suites.

LOCAL AMENITIES    Local amenities include supermarket, newsagent, bank, post office, public house, library, heritage centre, doctors surgery, primary school, secondary school and grammar school.

FLAT 1    Top floor - 2 double bedrooms, bathroom, living kitchen

FLAT 2    Top floor - 1 double bedroom, en suite shower room, living kitchen

FLAT 3    Second floor - 1 double bedroom, bathroom, living kitchen

FLAT 4    First floor - 2 double bedrooms, bathroom, living kitchen

FLAT 5    Ground floor - 2 double bedrooms, bathroom, living kitchen

DETAILS    Each of the apartments is fitted with:
smoke alarm system
sliding sash, single glazed windows
contemporary fitted kitchen with an open plan living space, fitted stainless steel Lamona single oven, electric hob and extractor hob, stainless steel sink with chrome mixer tap, and fitted high and low level units.
elegant fitted bathroom suite in white comprising bath with shower attachment over, wash hand basin and low level WC (NB Flat 2 has an en suite shower room with WC and WHB)

PARKING    There is no allocated parking with the apartments. Caistor offers ample 'free parking' in the nearby market place and the surrounding streets.

SERVICES    All mains services are available or connected subject to the statutory regulations. We have note tested any heating systems, fixtures, appliances or services.

LOCAL COUNCIL    West Lindsey District Council, tel: 01427 615411.

VIEWING    Viewing is strictly by appointment with the joint agents: Pygott & Crone 22 South St Mary's Gate Grimsby DN31 1LQ Tel: 01472 264960 OR Sanderson Green LLP 13 Market Place Caistor LN7 6TW Tel: 01472 855030


More information from this agent

To view this property or request more details, contact:

Pygott & Crone, Lincoln

36a Silver Street Lincoln Lincolnshire, LN2 1EW

03301 011670 Local call rate

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Disclaimer

Property reference LNR110198. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pygott & Crone, Lincoln. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.