Portland Street, Lincoln, LN5
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
14
- BATHROOMS
9
- 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
- Nine Apartments
- Mixture of One and Two Bedrooms
- Gross Income £112,455 PA
- City Centre Location.
- Student Accommodation
- NO ONWARD CHAIN
- EPC Grade C
Description
IDEAL INVESTMENT OPPORTUNITY!! Located on Portland Street, Lincoln, this development comprises a block of nine self-contained Student Apartments (Fully Let for this academic year of 2024/2025). Each apartment is individually designed and made up of five two bedroom apartments and four one bedroom apartments. Each apartment is accessed via a communal entrance and staircase. The apartments have been extensively refurbished throughout. The property achieves and delivers an annual gross income of £112,455.
Ideally positioned to the south end of Lincoln City Centre, benefiting from easy access to the University and transport links, and within walking distance to Lincoln Central Rail Station. The property also benefits from high-speed broadband, strong mobile network coverage across all providers, upvc double glazing and gas central heating.
Apartment One
Accessed via the Second Floor. The apartment accommodation consists of; Entrance Hallway, Open Kitchen/ Living Area with a range of wall and base units with worktops over, electric oven with 4 ring hob and extractor over. Space and plumbing for washing machine. Shower room with low level WC, wash hand basin and radiator. Leading onto Two Bedrooms. **Individual EPC Grade C and score of 78.
Apartment Two
Accessed via the First Floor. The apartment accommodation consists of; Entrance Hallway, Open Living/Kitchen Area with a range of wall and base units with worktops over, electric oven with 4 ring hob and extractor over. Space and plumbing for washing machine. Shower room with low level WC, wash hand basin and radiator. Leading onto Two Bedrooms. **Individual EPC Grade C and score of 78.
Apartment Three
Accessed via the First Floor. The apartment accommodation consists of; Entrance Hallway, open plan Living/Kitchen area with a range of wall and base units with worktops over, electric oven with 4 ring hob and extractor over. Space and plumbing for washing machine. Leading into the Shower room with low level WC, wash hand basin, radiator and leading onto One Double Bedroom. **Individual EPC Grade C and score of 77.
Apartment Four
Accessed via the Ground floor. The apartment accommodation consists of; Entrance Hallway, Living/Kitchen area with a range of wall and base units with worktops over, electric oven with 4 ring hob and extractor over, space and plumbing for washing machine. Bathroom comprising a low level WC, wash hand basin and radiator. Leading onto Two good sized Bedrooms. **Individual EPC Grade C and score of 78.
Apartment Five
Accessed via Second Floor. The apartment accommodation consists of; Entrance Hallway, Living/Kitchen area with a range of wall and base units with worktops over, electric oven with 4 ring hob and extractor over, space and plumbing for washing machine. Shower room with low level WC, wash hand basin, radiator and Two good sized Bedrooms. **Individual EPC Grade C and score of 79.
Apartment Six
Accessed via the First Floor. The apartment accommodation consists of; Entrance Hallway, Living/Kitchen area with a range of wall and base units with worktops over, electric oven with 4 ring hob and extractor over, space and plumbing for washing machine. Leading into Shower room with low level WC, wash hand basin, radiator and Two good sized Bedrooms. **Individual EPC Grade C and score of 79.
Apartment Seven
Accessed via the First Floor. The apartment accommodation consists of; Entrance, open plan Living/Kitchen area with a range of wall and base units with worktops over, electric oven with 4 ring hob and extractor over, space and plumbing for washing machine. Shower room with low level WC, wash hand basin, radiator and One Double Bedroom. **Individual EPC Grade C and score of 77.
Apartment Eight
Accessed via the Ground Floor. The apartment accommodation consists of; Entrance Hall, Living/Kitchen area with a range of wall and base units with worktops over, electric oven with 4 ring hob and extractor over, space and plumbing for washing machine. Shower room with low level WC, wash hand basin, radiator and One Double Bedroom. **Individual EPC Grade C and score of 77.
Apartment Nine
Accessed via the Ground Floor. The apartment accommodation consists of; Entrance Hall, open plan Living/Kitchen area with a range of wall and base units with worktops over, electric oven with 4 ring hob and extractor over, space and plumbing for washing machine. Shower room with low level WC, wash hand basin, radiator and One Double Bedroom. **Individual EPC Grade C and score of 78.
Agent Note
These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither Newton Fallowell nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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For more information, please call Newton Fallowell Lincoln on
Brochures
Brochure- 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.
- On street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Private garden
- 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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Portland Street, Lincoln, LN5
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Visit our security centre to find out moreDisclaimer - Property reference P3884. 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 Newton Fallowell, 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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