Greetwell Close, Lincoln
- PROPERTY TYPE
Detached
- BEDROOMS
20
- BATHROOMS
11
- 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
- Investment Opportunity
- 11 x Fully Let Flats
- Total gross rental income approx £124k
- Newly developed throughout
- Allocated parking
- Separate services for each flat
- All Flats EPC Rating C
- Close to Hospital and Uphill Lincoln
- 9 x 2 Beds and 2 x 1 Bed Flats
- No onward Chain
Description
Property Description - We are delighted to offer to the market a fantastic Investment Opportunity which is currently achieving a total gross rental income of approximately £124k PA. The property has been completely remodelled and refurbished throughout to create a total of 11 flats which are configured as 9 x 2 Bedroom Flats and 2 x 1 Bedroom Flats. Each flat has it's own independent Gas Central Heating system and all flats have own access via a communal hallway throughout the building. The property is to be sold with the Freehold.
Greetwell Close is situated within close proximity to Lincoln Hospital and within easy access to the popular Bailgate and Cathedral Quarter of Lincoln where there are a number of shops, restaurants and amenities. The property is also close to Eastgate Tennis and Bowls Club as well at the Hockey and Cricket Club situated on Wragby Road. There are an number of supermarkets within close proximity and a regular bus service. Additional transport links include the Train Station and a short drive to the A46 Lincoln Bypass giving access to the A1 Motorway at Newark.
Each of the flats has an EPC rating of C and all flats are currently let and the tenants are responsible for their own utility bills.
Each Flat has an allocated off road parking space and the current rents being achieved are as follows:
Flats 1 - 2 Bed at £975 PCM
Flat 2 - 2 Bed at £975 PCM
Flat 3 - 2 Bed at £950 PCM
Flat 4 - 1 Bed at £870 PCM
Flat 5 - 2 Bed at £920 PCM
Flat 6 - 2 Bed at £975 PCM
Flat 7 - 2 Bed at £975 PCM
Flat 8 - 2 Bed at £975 PCM
Flat 9 - 2 Bed at £975 PCM
Flat 10 - 2 Bed at £970 PCM
Flat 11 - 1 Bed at £850 PCM
For any further information please contact the office on
Looking to sell? Get in touch now to find out how our Award Winning 1 to 1 estate agency service can work wonders for you. You'll deal with the same person from valuation through to completion and we're consistently achieving over 98% of the marketing price.
Brochures
Greetwell Close, LincolnBrochure- 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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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- EV charging
- GARDENA property has access to an outdoor space, which could be private or shared.
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- 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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Energy performance certificate - ask agent
Greetwell Close, Lincoln
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Visit our security centre to find out moreDisclaimer - Property reference 32430072. 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 The Agent, Lincolnshire. 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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