Monks Road, Lincoln
- PROPERTY TYPE
Apartment
- BEDROOMS
5
- BATHROOMS
3
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Fully Refurbished
- Great Investment Opportunity
- Fully Furnished
- Tenanted For This Academic Year
- Amazing Rental Yield
- Fully Refurbished
- New Heating System/New Electrics
- Utilitys now all split
Description
OFFERS IN EXCESS OF £350,000
There are three flats in total and must be sold together. They are currently rented out for the current academic year 2023/2024. Total asking price is £350,000 with a gross rental income of £38,250,000 per annum.
For 2024/2025 the apartments are due to go up to £40,500 PA on 50 week tenancies - further info on the leases for this academic year can be requested.
The flats have all been recently renovated to a high standard, new carpets, heating system, radiators, electrics, kitchens, (having integrated oven and electric hobs), bathrooms, carpets and general cosmetic decoration.. All fully furnished, (Washing machine, fridge freezer, TV, sofa, beds, microwave, kettle, table and bench. All passed the building regulations with the local authority. So a very easy investment for someone who wants the security but without the hassle of refurbishing, furnishing or finding tenants for this year. Please call Kinetic for further information or a viewing.
Flat one is a two bedroom apartment, 50 sqm.
Flat two is a two bedroom apartment, 50 sqm.
Flat three is a one bedroom studio apartment, 30sqm including store rooms for this apartment.
Photos
We have not got photos of every room due to access however we have managed to get a good range of photos of the apartments to showcase the condition of the property, room proportions and furnishings etc. For further info please call us or arrange a viewing.
Further Information
Council tax band - Exempt for students
Tenure - Freehold
Disclaimer
These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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Monks Road, Lincoln
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lincoln Central Station1.0 miles
- Hykeham Station4.2 miles
About the agent
Kinetic Estate Agents Limited, Lincoln
35 Redwood Drive, Waddington, Lincoln, LN5 9BN
We are a dynamic and modern estate agency with a local office who offer a traditional approach to selling homes, an Online only alternative, or an exclusive range for premium homes, all of which have fair selling fees.
With a wealth of experience, we all know what works to achieve the highest possible price for your property. We offer everything from professional photography, floorplans, virtual reality tours and we advertise
Notes
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Visit our security centre to find out moreDisclaimer - Property reference KIT1000709. 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 Kinetic Estate Agents Limited, 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.
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