Property photos
Fixed price
£260,000
(£283.92/sq. ft)
Block of flats for sale
Cecil Street, Lincoln LN1958 sq. ft
Local area information
Property location
Nearby amenities
- Westgate Academy 0.1 miles
- Mount Street Academy 0.3 miles
- Lincoln 0.8 miles
- Hykeham 3.8 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: 8.63%
- Rental Income: £22,440 p.a.
- 4-bed HMO
- 15 minute walk from Bishop Grosseteste University
- 15 minute walk from Lincoln’s City Centre
Investment Consideration:
Gross Initial Yield: 8.63%
Rental Income: £22,440 p.a.
VAT is not applicable to this property
Comprises 4-bed HMO with communal kitchen, living room and 2 communal bathrooms
Situated within 25 minute walk from the University of Lincoln, a 15 minute walk from Bishop Grosseteste University and a 15 minute walk from Lincoln’s City Centre.
Property Description:
Comprises mid-terrace 4-bedroom HMO, newly refurbished to a high standard and arranged as a ground floor kitchen, living/dining room and 1 bedroom, with 3 bedrooms and 2 communal bathrooms at first floor.
Ground Floor: 46 sq m (495 sq ft)
First Floor: 43 sq m (463 sq ft)
Total gia: 89 sq m (958 sq ft)
HMO Licensed Property (C4 use class) Reference - 2018/0763/cle
Tenancy:
The property is at present let to Individuals for a term of 51 Weeks from 30th August 2023 at a current rent of £20,655 p.a. Deposit held of £1,200.
New AST signed for 51 Weeks from 30th August 2024 at agreed rent of £22,440 p.a. Vendor will top up rent, so the buyer receives the equivalent of £22,440 p.a. From completion.
Location:
The property is located on Cecil Street within a residential area just a 15 minute walk from Lincoln’s City Centre, 25 minute walk from the University of Lincoln, a 15 minute walk from Bishop Grosseteste University. The city’s train station is located just a 15 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: 8.63%
Rental Income: £22,440 p.a.
VAT is not applicable to this property
Comprises 4-bed HMO with communal kitchen, living room and 2 communal bathrooms
Situated within 25 minute walk from the University of Lincoln, a 15 minute walk from Bishop Grosseteste University and a 15 minute walk from Lincoln’s City Centre.
Property Description:
Comprises mid-terrace 4-bedroom HMO, newly refurbished to a high standard and arranged as a ground floor kitchen, living/dining room and 1 bedroom, with 3 bedrooms and 2 communal bathrooms at first floor.
Ground Floor: 46 sq m (495 sq ft)
First Floor: 43 sq m (463 sq ft)
Total gia: 89 sq m (958 sq ft)
HMO Licensed Property (C4 use class) Reference - 2018/0763/cle
Tenancy:
The property is at present let to Individuals for a term of 51 Weeks from 30th August 2023 at a current rent of £20,655 p.a. Deposit held of £1,200.
New AST signed for 51 Weeks from 30th August 2024 at agreed rent of £22,440 p.a. Vendor will top up rent, so the buyer receives the equivalent of £22,440 p.a. From completion.
Location:
The property is located on Cecil Street within a residential area just a 15 minute walk from Lincoln’s City Centre, 25 minute walk from the University of Lincoln, a 15 minute walk from Bishop Grosseteste University. The city’s train station is located just a 15 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.