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Boultham Avenue, Lincoln, LN5

PROPERTY TYPE

Terraced

BEDROOMS

6

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

  • Six Bedroom HMO
  • Gross Income £34000*
  • Two Bathrooms
  • Modern Kitchen
  • NO ONWARD CHAIN
  • Professional Tenants Fully In Situ
  • Sought After Location
  • EPC Grade C

Description

* * Six Bedroom HMO * * An excellent investment opportunity situated on the sought after Boultham Avenue in Lincoln. This well positioned SIX BEDROOM House in Multiple Occupation (HMO) offers an attractive opportunity for investors seeking an established income generating property.

Ideally located within walking distance of a range of local amenities, including shops, supermarkets, cafés, public transport links and recreational facilities. The property is well suited to the local rental market. Lincoln city centre and the University of Lincoln are also within easy reach. All six bedrooms are currently fully let, generating a gross rental income of approximately £34,000 per annum.

The accommodation on offer comprises Entrance Hall, Open Plan Kitchen Living Room, Two Bedrooms and Shower Room to the Ground Floor. To the first floor there are a further Three Bedrooms, WC and Shower Room. To the second floor there is an another Bedroom. Externally the property offers an enclosed lawned garden with spacious patio. The property further benefits from Gas Central Heating, uPVC Double Glazing and being sold with NO ONWARD CHAIN. 

 

EPC rating: C. Tenure: Freehold,

Entrance Hall

With the entrance door to the side aspect, access to storage and stairs rising to the first floor.

Bedroom One

13'4" x 11'9" (4.06m x 3.58m)

With a bay window to the front aspect and radiator.

Lounge

11'7" x 11'7" (3.53m x 3.53m)

With french doors to the rear aspect leading to the enclosed rear garden and radiator.

Kitchen

22'1" x 7'7" (6.73m x 2.31m)

With a window to the side aspect, fitted with a range of wall and base units with worktops over, sink with drainer unit, gas hob and electric oven, extractor and space and plumbing for a washing machine.

Shower Room

With a window to the side aspect, fitted with a low level wc, wash hand basin and shower.

Bedroom Two

14'4" x 6'6" (4.37m x 1.98m)

With a window to the side aspect and radiator.

First Floor Landing

With stairs to the ground floor and rising to the second floor.

Bedroom Three

15'2" x 8'3" (4.62m x 2.51m)

With a window to the front aspect and radiator.

Bedroom Four

11'9" x 7'2" (3.58m x 2.18m)

With a window to the rear aspect and radiator.

Bedroom Five

11'9" x 7'3" (3.58m x 2.21m)

With a window to the rear aspect and radiator.

WC

Fitted with a low level wc and wash hand basin.

Shower Room

Fitted with a low level wc, wash hand basin and shower.

Bedroom Six

17'0" x 15'2" (5.18m x 4.62m)

With windows to the rear aspect and radiator.

Outside

To the rear of the property there is an enclosed lawned garden with spacious patio.

Agents 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.

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: C
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.
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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Boultham Avenue, Lincoln, LN5

Approximate location

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Affordability

Monthly repayments£1,357
Property: £ 270,000
Deposit: £ 27,000
Interest rate: 5.35%
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 Newton Fallowell, Lincoln

42 Silver Street Lincoln Lincolnshire LN2 1EH
Industry affiliations:

Situated on Silver Street close to the city centre, Newton Fallowell estate agents are open Monday to Friday from 8.30am to 5.30pm, Saturday 9am to 4pm and Bank Holidays 11am to 3pm. We offer a wide range of Lettings, Sales and Financial services

with accompanied viewings also available outside of these working hours.

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Disclaimer - Property reference P5329. 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.