9 Hereward Street, Lincoln, Lincolnshire, LN1
- PROPERTY TYPE
House of Multiple Occupation
- BEDROOMS
5
- SIZE
1,119 sq ft
104 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: 9.12%
- Rental Income: £23,715 p.a.
- Comprises 5-bed HMO
- 13 minute walk from Bishop Grosseteste University
- Situated within 25 minute walk from the University of Lincoln
- Communal kitchen, dining room, cinema room
Description
Gross Initial Yield: 9.12%
Rental Income: £23,715 p.a.
VAT is NOT applicable to this property
Comprises 5-bed HMO with communal kitchen, dining room, cinema room and 2 bathrooms
Situated within 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.
Property Description:
Comprises mid-terrace 5-bedroom HMO, arranged as a ground floor kitchen with separate dining room and 1 bedroom. First floor provides 2 bedrooms with communal bathroom and second floor provides 2 bedrooms. The basement provides cinema room and communal bathroom.
Ground Floor: 34 sq m (366 sq ft)
First Floor: 25 sq m (269 sq ft)
Second Floor: 19 sq m (204 sq ft)
Basement: 26 sq m (280 sq ft)
Total GIA: 104 sq m (1,119 sq ft)
HMO Licensed Property (C4 use class) Reference - 2018/1327/CLE.
Tenancy:
The property is at present let to Individuals for a term of 51 Weeks from 27th August 2024 at an agreed rent of £23,715 p.a. Deposit held of £1,200. Vendor will top up rent, so the buyer receives the equivalent to £23,715 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 Particulars- 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.
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- 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
9 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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