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Cranwell Street, Lincoln

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

2

SIZE

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TENURE
Describes 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

  • Bay Fronted HMO
  • Impressive 10.21% Gross Yield
  • £15,015 Per Annum Income
  • Let For 2023/2024
  • 3 Double Bedrooms
  • 2 Bathrooms
  • Spacious Communal Areas
  • Fantastic Investment

Description

HMO!! 10.21% GROSS YIELD!! Starkey&Brown are pleased to offer for sale this very well presented House of Multiple Occupancy located just off Lincoln High Street and within easy walking distance of the University of Lincoln and a wide range of amenities. The property would suit an owner occupier or investor, and has tenancies in place for 2023/2024, generating an income of £15.015 per annum, which represents a healthy 10.01% gross return. The property has an excellent rental track record, and has accommodation which briefly comprises bay fronted lounge, breakfast kitchen with breakfast bar, utility and ground floor bathroom. There are three bedrooms - two to the first floor, and a large bedroom on the second floor with an ensuite shower room. Outside the property has a courtyard garden with useful brick built outbuilding. Call today to view! Council tax band: A. Freehold.

Lounge

13' 0'' into bay x 12' 0'' max (3.96m x 3.65m)

Having uPVC front entrance door, walk-in bay window to front aspect, laminate wood effect flooring, radiator, dado rail and coved ceiling.

Breakfast Kitchen

12' 0'' max x 11' 2'' (3.65m x 3.40m)

Having a range of matching wall and base units with breakfast bar, single drainer stainless steel sink unit with mixer taps over, built-in oven, hob and cooker hood, plumbing for washing machine, wood effect vinyl flooring, radiator and understairs storage cupboard.

Utility

6' 0'' x 6' 0'' (1.83m x 1.83m)

Having space for additional appliances, modern central heating boiler, wood effect vinyl flooring and uPVC door leading to garden.

Bathroom

Having 3 piece suite comprising panelled bath with mains fed shower and glass shower screen over, wash hand basin set in vanity unit, low level WC, wood effect vinyl flooring, radiator and extractor.

First Floor Landing

Having door with stairs rising to second floor.

Bedroom 2

12' 0'' max x 11' 2'' (3.65m x 3.40m)

Having built-in wardrobe and radiator.

Bedroom 3

12' 0'' into wardrobe x 8' 8'' (3.65m x 2.64m)

Having built-in wardrobe and radiator.

Second Floor

Bedroom 1

14' 10'' excluding dormer x 12' 0'' max (4.52m x 3.65m)

Having dormer windows to front and rear and radiator.

En-Suite

Having 3 piece suite comprising tiled shower cubicle, electric shower appliance, pedestal wash hand basin, low level WC, wood effect vinyl flooring, radiator and extractor.

Outside Rear

To the rear of the property there is an enclosed concrete courtyard with brick built outbuilding, cold water tap and gate leading to rear.

Brochures

Full Details
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.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Cranwell Street, Lincoln

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lincoln Central Station0.6 miles
  • Hykeham Station2.7 miles
  • Saxilby Station5.9 miles
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About the agent

Starkey & Brown, Lincoln

34 Silver Street, Lincoln, LN2 1EH

Starkey & Brown, Lincoln

Starkey&Brown is your local dedicated estate agents, committed to helping you sell your home with ease.

With offices in Lincoln and Scunthorpe, our consultants really do know what it takes when it comes to selling or buying property, whatever the weather.

Since our official opening of the Lincoln office in January 2006 and the Scunthorpe office in January 2013 by David Starkey and Michael Brown, Starkey&Brown has become one of Lincolnshire's fastest growing estate agents, with an

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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Disclaimer - Property reference 12027409. 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 Starkey & Brown, 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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