11 Hereward Street, Lincoln, Lincolnshire, LN1
- PROPERTY TYPE
House of Multiple Occupation
- BEDROOMS
6
- SIZE
1,248 sq ft
116 sq m
- 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
- Gross Initial Yield: 10.46%
- Rental Income: £30,345 p.a.
- Comprises 6-bed HMO with communal kitchen/dining, living room and 3 communal bathrooms
- Situated within 25 minute walk from the University of Lincoln, a 13 minute walk from Bishop Grosseteste University and a 15 minute walk from Lincoln's City Centre.
Description
Gross Initial Yield: 10.46%
Rental Income: £30,345 p.a.
VAT is NOT applicable to this property
Comprises 6-bed HMO with communal kitchen/dining, living room and 3 communal bathrooms
Situated within 25 minute walk from the University of Lincoln, a 13 minute walk from Bishop Grosseteste University and a 15 minute walk from Lincoln's City Centre.
Property Description:
Comprises mid-terrace 6-bedroom HMO, arranged as a ground floor kitchen/dining, 1 bedroom and communal bathroom. First floor provides 2 bedrooms with 2 communal bathrooms and second floor provides 2 bedrooms. The basement provides living room and 1 bedroom.
Ground Floor: 29 sq m (312 sq ft)
First Floor: 34 sq m (366 sq ft)
Second Floor: 28 sq m (301 sq ft)
Basement: 25 sq m (269 sq ft)
Total GIA: 116 sq m (1,248 sq ft)
HMO Licensed Property (C4 use class) Reference - 2018/1327/CLE
Tenancy:
The property is let on AST to Individuals for a term of 51 Weeks from 2nd August 2024 at agreed rent of £30,345 p.a. Deposit held of £1,800. Vendor will top-up rent so the buyer receives the equivalent of £30,345 p.a. from completion.
Location:
The property is located on Hereward Street within a residential area just a 15 minute walk from Lincoln's City Centre, 25 minute walk from the University of Lincoln, a 13 minute walk from Bishop Grosseteste University and a 30 minute walk from the County Hospital. The city's train station is located just a 25 minute walk from the property. The station offers regular connections throughout the country, with regular services running to Newark Northgate, Edinburgh and London Kings Cross.
Brochures
Property ParticularsEnergy performance certificate - ask agent
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.
Ask agent
11 Hereward Street, Lincoln, Lincolnshire, LN1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lincoln Central Station0.9 miles
- Hykeham Station3.9 miles
About the agent
Blue Alpine, London
54 Welbeck Street, London W1G 9XS
Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.
Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can a
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Visit our security centre to find out moreDisclaimer - Property reference 11Hereward. 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 Blue Alpine, London. 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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