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Cross Street, Lincoln

PROPERTY TYPE

End of Terrace

BEDROOMS

2

BATHROOMS

1

SIZE

506 sq ft

47 sq m

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

  • Fully Managed Rental Investment - Achieving £1300PCM including bills
  • City Centre Location
  • Fully Furnished Turnkey Investment Property - Managed for 12% + VAT
  • Two Reception Rooms and Two Double Bedrooms
  • Upstairs Shower Room
  • Excellent Condition Throughout
  • Large low maintenance Rear Garden
  • No Onward Chain
  • EPC Rating D
  • Council Tax Band A

Description

TURNKEY INVESTMENT OPPORTUNITY – CURRENTLY LET AT £1,300 PCM INCLUDING BILLS – FULLY MANAGED BY CLOUD LETTINGS FOR 12% + VAT

An excellent opportunity to acquire a well-presented two bedroom investment property on Cross Street, Lincoln, ideally positioned close to Lincoln city centre, the University and regular public transport links.

The property is currently operated as a rental investment and is achieving £1,300 per calendar month including bills, providing an immediate income stream for the new owner. The property is fully managed by Cloud Lettings in Lincoln, with management charged at 12% plus VAT, making this an attractive turnkey investment for both experienced and first-time landlords.

Internally, the property is presented in excellent condition and briefly comprises:

Ground Floor

* Two well-proportioned reception rooms
* Fully fitted kitchen

First Floor

* Two double bedrooms
* Shower room

Externally, the property benefits from a private garden to the rear, providing a useful outdoor space.

The property’s location is particularly well suited to the rental market, being within easy reach of Lincoln city centre, the University and regular public transport services, with a range of local amenities close by.

With an established rental arrangement, professional management already in place and the property presented in excellent condition, this represents a ready-to-go investment opportunity requiring minimal involvement from the new owner.

Current Rental Income: £1,300 PCM including bills

Management: Cloud Lettings, Lincoln – 12% + VAT

Early viewing is recommended to appreciate the condition, location and investment potential of this property.

Lounge - 3.49m x 3.42m (11'5" x 11'3") -

Dining Room - 3.47m x 3.42m (11'5" x 11'3") -

Kitchen - 3.14m x 2.12m (10'4" x 6'11") -

Hall - 0.82m x 2.20m (2'8" x 7'3") -

Landing - 0.82m x 2.00m (2'8" x 6'7") -

Bedroom 1 - 3.49m x 3.54m (11'5" x 11'7") -

Bedroom 2 - 3.55m x 2.85m (11'8" x 9'4") -

Shower Room - 3.06m x 1.97m (10'0" x 6'6") -

Garden -

Services - All Mains Services
Gas Central Heating
UPVC Double Glazed Windows throughout
Fully Furnished Rental Investment
Currently Let £1300PCM including bills
Fully Managed Investment - Cloud Lettings % + VAT
EPC Rating D
Council Tax Band A

Brochures

Cross Street, Lincoln
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.
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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Cross Street, Lincoln

Approximate location

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__mins driving to your place

Affordability

Monthly repayments£703
Property: £ 140,000
Deposit: £ 14,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About Drewery Jones Independent Estate Agents, Lincolnshire

Sparkhouse Rope Walk, Lincoln, LN6 7DQ

Drewery Jones Estate Agents is a small Independent company based in Lincoln and offers property sales in Lincoln and surrounding areas. Our small team has over 50 years experience collectively and offers a bespoke service to clients, giving honest, transparent advice to help you achieve the best possible price for your property whilst providing the best customer service levels within the local area. Every client is treated individually, depending on their needs and requirements. Our services are offered on a ‘No Sale No Fee’ basis, there are no hidden extras and we do not tie you into a lengthy contract as we are confident in our excellent service levels and expertise. If you are not selling through Drewery Jones Estate Agents, you are certainly settling for less.

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Disclaimer - Property reference 34969555. 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 Drewery Jones Independent Estate Agents, Lincolnshire. 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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