4 bed end terrace house for sale

Sewells Walk, Lincoln, Lincoln LN5

Gross income of £28,800 annually (circa 16% Gross Yield)

Pygott & Crone are delighted to offer for sale this spacious bay fronted home located in a superb central location close to the City Centre.

The property itself is split into 3 Apartments which are currently let and the Owner has advised us it is achieving the following income:
Two bed - £800pcm, One bed - £750pcm, One bed - £750pcm

This equates to a gross income of £28,800 annually.

The home makes the ideal investment whilst also offering an abundance of characteristic features throughout.

To avoid missing out please contact Pygott and Crone Today on .

Agent's Note: We have been advised by the vendor that the property is currently let on an AST; the landlord is willing to serve the tenants with a Section 21 Notice after a sale has been agreed if required. The buyer will need to confirm with their solicitor regarding vacant possession and dates.

Given that the property is divided into three separate apartments, we recommend considering commercial financing as the most suitable option to fund the property, or alternatively, a cash purchase.

Parking arrangements - on street parking

Hall

4.29m x 1.65m - 14'1” x 5'5”

Flat 1 Lounge/Dining Room

4.98m x 3.86m - 16'4” x 12'8”

Flat 1 Kitchen

5.97m x 1.7m - 19'7” x 5'7”

Flat 1 Shower Room

2.41m x 1.7m - 7'11” x 5'7”

Flat 1 Bedroom

2.84m x 2.79m - 9'4” x 9'2”

Flat 2 Kitchen/Lounge/Dining Room

4.24m x 3.94m - 13'11” x 12'11”

Flat 2 Bedroom

4.32m x 3.05m - 14'2” x 10'0”
4.32m x 3.05m

max x to bay

Flat 2 Shower Room

2.24m x 1.57m - 7'4” x 5'2”

First Floor Landing

Flat 3 Lounge/Dining Room

4.27m x 3.99m - 14'0” x 13'1”

Flat 3 Kitchen

3.07m x 2.69m - 10'1” x 8'10”

Flat 3 Bedroom 1

4.34m x 4.04m - 14'3” x 13'3”

Flat 3 Bedroom 2

4.72m x 2.95m - 15'6” x 9'8”

Flat 3 Shower Room

3.05m x 2.18m - 10'0” x 7'2”