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SOLD STC

Foster Street, Lincoln

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

1

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

  • House Of Multiple Occupancy
  • Very Well Maintained
  • Excellent Rental Track Record
  • Let Until Summer 2025
  • Gross Income £14,520 Per Annum
  • 9.7% Gross Return
  • 3 Bedrooms & Study
  • Call Today To View!

Description

3 BED HMO!! 9.7% GROSS RETURN!! Located just off Lincoln High Street and within walking distance of The University of Lincoln is this very well maintained house of multiple occupancy on Foster Street. The property has tenants in situ until July 2025 and generates a healthy revenue of £14,520 which represents a gross return of 9.7% per annum. Accommodation briefly comprises entrance lobby, communal lounge, 13'8 modern kitchen, 3 bedrooms (one to the ground floor and two to the first floor), additional first floor study and first floor bathroom. The property also benefits from an enclosed easily maintained courtyard garden. Call today to arrange a viewing appointment. Council tax band: A. Freehold.

Entrance Lobby

Having uPVC side entrance door, slate effect laminate flooring and stairs rising to first floor.

Bedroom 1

12' 10'' into bay x 12' 2'' max (3.91m x 3.71m)

Having window to front aspect, radiator and ornate coving.

Lounge

12' 6'' max x 11' 0'' (3.81m x 3.35m)

Having slate effect laminate flooring, radiator, storage cupboard to alcove and understairs storage cupboard.

Kitchen

13' 8'' x 6' 10'' (4.16m x 2.08m)

Having a matching range of wall and base units, one and a half bowl single drainer stainless steel sink unit with mixer taps over, built-in oven, hob and cooker hood, space for a range of additional appliances, slate effect laminate flooring and uPVC door to garden.

First Floor Landing

Bedroom 2

12' 2'' max x 11' 0'' (3.71m x 3.35m)

Having radiator.

Bedroom 3

8' 3'' x 8' 3'' (2.51m x 2.51m)

Having radiator.

Study

7' 2'' x 6' 11'' (2.18m x 2.11m)

Having radiator.

Bathroom

Having 3 piece suite comprising panelled bath with electric shower appliance over, wash hand basin set in vanity unit, low level WC, wood effect vinyl flooring, heated towel rail, part tiled walls and extractor. Access to loft which houses central heating boiler (approximately 3 years old).

Outside Rear

To the rear of the property there is an enclosed concrete courtyard garden.

Brochures

Property BrochureFull 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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Foster Street, Lincoln

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About Starkey & Brown, Lincoln

34A Silver Street, Lincoln, LN2 1EH
Industry affiliations:

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 enthusiastic and passionate team on hand to help you move as swiftly and efficiently as possible.

Your mortgage

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Years
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Monthly repayments
£701
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Disclaimer - Property reference 12294480. 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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