Property photos
Fixed price
£260,000
(£250.22/sq. ft)
Block of flats for sale
Hereward Street, Lincoln LN11,119 sq. ft
Local area information
Property location
Nearby amenities
- Westgate Academy 0.2 miles
- Mount Street Academy 0.2 miles
- Lincoln 0.9 miles
- Hykeham 3.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Lincoln to find out more about the local area.
Features and description
- Gross Initial Yield: 9.12%
- Rental Income: £23,715 p.a.
- 13 minute walk from Bishop Grosseteste University
- 25 minute walk from the University of Lincoln
- 5-bed HMO
- Communal kitchen, dining room, cinema room
Investment Consideration:
Gross Initial Yield: 9.12%
Rental Income: £23,715 p.a.
VAT is not applicable to this property
Comprises 5-bed HMO with communal kitchen, dining room, cinema room and 2 bathrooms
Situated within 25 minute walk from the University of Lincoln, a 13 minute walk from Bishop Grosseteste University and a 30 minute walk from the County Hospital.
Property Description:
Comprises mid-terrace 5-bedroom HMO, arranged as a ground floor kitchen with separate dining room and 1 bedroom. First floor provides 2 bedrooms with communal bathroom and second floor provides 2 bedrooms. The basement provides cinema room and communal bathroom.
Ground Floor: 34 sq m (366 sq ft)
First Floor: 25 sq m (269 sq ft)
Second Floor: 19 sq m (204 sq ft)
Basement: 26 sq m (280 sq ft)
Total gia: 104 sq m (1,119 sq ft)
HMO Licensed Property (C4 use class) Reference - 2018/1327/cle.
Tenancy:
The property is at present let to Individuals for a term of 51 Weeks from 27th August 2024 at an agreed rent of £23,715 p.a. Deposit held of £1,200. Vendor will top up rent, so the buyer receives the equivalent to £23,715 p.a. From completion.
Location:
The property is located on Hereward Street within a residential area just a 15 minute walk from Lincoln’s City Centre, 25 minute walk from the University of Lincoln, a 13 minute walk from Bishop Grosseteste University and a 30 minute walk from the County Hospital. The city’s train station is located just a 25 minute walk from the property. The station offers regular connections throughout the country, with regular services running to Newark Northgate, Edinburgh and London Kings Cross.
Gross Initial Yield: 9.12%
Rental Income: £23,715 p.a.
VAT is not applicable to this property
Comprises 5-bed HMO with communal kitchen, dining room, cinema room and 2 bathrooms
Situated within 25 minute walk from the University of Lincoln, a 13 minute walk from Bishop Grosseteste University and a 30 minute walk from the County Hospital.
Property Description:
Comprises mid-terrace 5-bedroom HMO, arranged as a ground floor kitchen with separate dining room and 1 bedroom. First floor provides 2 bedrooms with communal bathroom and second floor provides 2 bedrooms. The basement provides cinema room and communal bathroom.
Ground Floor: 34 sq m (366 sq ft)
First Floor: 25 sq m (269 sq ft)
Second Floor: 19 sq m (204 sq ft)
Basement: 26 sq m (280 sq ft)
Total gia: 104 sq m (1,119 sq ft)
HMO Licensed Property (C4 use class) Reference - 2018/1327/cle.
Tenancy:
The property is at present let to Individuals for a term of 51 Weeks from 27th August 2024 at an agreed rent of £23,715 p.a. Deposit held of £1,200. Vendor will top up rent, so the buyer receives the equivalent to £23,715 p.a. From completion.
Location:
The property is located on Hereward Street within a residential area just a 15 minute walk from Lincoln’s City Centre, 25 minute walk from the University of Lincoln, a 13 minute walk from Bishop Grosseteste University and a 30 minute walk from the County Hospital. The city’s train station is located just a 25 minute walk from the property. The station offers regular connections throughout the country, with regular services running to Newark Northgate, Edinburgh and London Kings Cross.
Floor plans and tours
Tours (1)
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Step inside the property with a virtual tour or video walkthrough.
More information
Listed by
Blue Alpine Partners
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Property descriptions and related information displayed on this page are marketing materials provided by - Blue Alpine Partners. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Blue Alpine Partners for full details and further information.