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Residential Investment, 167 Carholme Road, Lincoln, Lincolnshire, LN1 1RU

Offers in Region of
£800,000

£188.63 per sq ft

Business rates & charges may apply

Eddisons, Lincoln
SIZE AVAILABLE

4,241 sq ft

394 sq m

SECTOR

Commercial property for sale

Key features

  • 8 apartments on the edge of Lincoln
  • Private landscaped grounds
  • 8.5% NIY after purchasers costs
  • Close to Lincoln City Centre and Lincoln University

Description

The property comprises a substantial detached former Care Home, which was converted over 20 years ago into 8 self-contained flats.

The original two storey building containing 5 of the flats, is constructed in solid brickwork under a pitched slate roof. This was extended to the rear, prior to the conversion, with this extension accommodating the remaining 3 residential units. This single/part two storey extension is constructed in cavity brickwork under a predominantly flat GRP covered/partially pitched slate clad roof.

The property sits within private landscaped grounds, with driveway access off Carholme Road leading to a tarmac surfaced car park to the rear, providing parking for 8 vehicles - one for each flat. There is a single storey detached garage adjacent to the car parking area, which accommodates a bike store and laundry room. There is further parking space in front of this building.

Internally, the property is laid out to provide 5 ground floor apartments, with the remaining 3 apartments found on the first floor, with 2 of these accessed from the main internal staircase and the other from an external staircase on the side of the property.

The apartments are finished off to a good standard, each with painted plaster walls and ceilings and solid floors overlaid in a mix of carpet, tiles and lino. The majority of the apartments are one bedroom, with two of the apartments having two bedrooms.

Brochures

Residential Investment, 167 Carholme Road, Lincoln, Lincolnshire, LN1 1RU

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lincoln Central Station0.9 miles
  • Hykeham Station3.2 miles
  • Saxilby Station5.0 miles

About Eddisons, Lincoln

26 Westgate Lincoln LN1 3BD

A WEALTH OF EXPERIENCE THROUGHOUT ALL SECTORS OF THE MARKET

Based in Lincoln, the firm operates within the national property market concentrating primarily on the East Midlands region.

Always seeking to identify new opportunities within evolving markets, EBanks Long & Co has flourished by recommendation and through the energy, enthusiasm and professionalism of its staff.

We employ 32 of which 17 are Chartered Surveyors and 3 are young surveyors working towards RICS accreditation

Notes

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Disclaimer - Property reference 3023755FH. 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 Eddisons, 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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