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SOLD STC

Abbot Street, Lincoln, Lincolnshire, LN5

PROPERTY TYPE

Terraced

BEDROOMS

5

BATHROOMS

2

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

  • 5 Bedroom licensed HMO
  • Rental income of £21,840
  • Let with reliable tenants
  • Central location

Description

Bairstow Eves are proud to offer for sale this well presented licensed HMO investment in central Lincoln.

The property is currently let with four occupiers generating £21,840 per annum.

The property in brief offers five bedrooms, two bathrooms, reception room and well equipped kitchen and is offered for sale as an operating article.

To the ground floor you are welcomed into the house by the hall boasting high ceilings as to be expected in this period of property.

The first of the bedrooms sits to the front with a bay window spanning the main wall. Central to the ground floor is the living room, a spacious room with large window over the rear garden creating a welcoming and bright space.

Leading then through into the kitchen which is of a generous galley style, a mixture of base and wall units for storage finished in a light wood affect. Appliances include Cookers with gas hob, washing machine, extractor fan and fridge freezer.
To the end of the ground floor is the shower room, fitted with shower cubicle, toilet and wash basin.

The first floor of the property is formed of two bedrooms and a further bathroom. One of the bedrooms is a large double room spanning the width of the property. The bathroom on this floor is of a modern finish with panelled bath with the shower over and glass screen, wash basin and toilet, all with a neutral finished tile cladding the walls.

The top floor of the property boasts a further two large bedrooms both of which comfortably accommodate a study area alongside other bedroom furniture pieces.

Externally the property has an enclosed courtyard style garden easily maintainable.

Location! Being positioned within walking distance of Lincoln historic city centre the property has a vast array of amenities on the doorstep making it popular for both student renters and professionals.


Living Room

3.87m x 3.6m

Kitchen

3.8m x 2.12m

Bedroom one

4.43m x 3.34m

Bedroom two

4.43m x 3.34m

Bedroom three

4.4m x 3.34m

Bedroom four

4.1m x 3.78m

Bedroom five

2.88m x 1.78m

Bathroom

4.88m x 2.55m

Shower Room

2.12m x 1.83m

Brochures

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.
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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Abbot Street, Lincoln, Lincolnshire, LN5

Approximate location

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Extension potential
Recently sold & under offer
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About Bairstow Eves, Lincoln

21-23 Silver Street, Lincoln, LN2 1EW
Industry affiliations:

Since 1899, Bairstow Eves has provided trusted expertise with extensive local knowledge across London, Essex, Hertfordshire and Kent. Starting in North London, we have grown to have nationwide presence due to our comprehensive support for your property needs alongside a team always ready for a friendly chat. We're dedicated to making your property experience as smooth as possible. If you're looking for help on your property search, contact us today.

Affordability

Monthly repayments£953
Property: £ 190,000
Deposit: £ 19,000
Interest rate: 5.33%
Term: 30 years
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Disclaimer - Property reference LIN250370. 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 Bairstow Eves, 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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