14 bed block of flats for sale

Portland Street, Lincoln LN5

Ideal investment opportunity! Located on Portland Street, Lincoln, this development comprises a block of nine self-contained Student Apartments (Fully Let for this academic year of 2024/2025). Each apartment is individually designed and made up of five two bedroom apartments and four one bedroom apartments. Each apartment is accessed via a communal entrance and staircase. The apartments have been extensively refurbished throughout. The property achieves and delivers an annual gross income of £112,455.

Ideally positioned to the south end of Lincoln City Centre, benefiting from easy access to the University and transport links, and within walking distance to Lincoln Central Rail Station. The property also benefits from high-speed broadband, strong mobile network coverage across all providers, upvc double glazing and gas central heating.

EPC rating: C.

Apartment One

Accessed via the Second Floor. The apartment accommodation consists of; Entrance Hallway, Open Kitchen/ Living Area with a range of wall and base units with worktops over, electric oven with 4 ring hob and extractor over. Space and plumbing for washing machine. Shower room with low level WC, wash hand basin and radiator. Leading onto Two Bedrooms. **Individual EPC Grade C and score of 78.

Apartment Two

Accessed via the First Floor. The apartment accommodation consists of; Entrance Hallway, Open Living/Kitchen Area with a range of wall and base units with worktops over, electric oven with 4 ring hob and extractor over. Space and plumbing for washing machine. Shower room with low level WC, wash hand basin and radiator. Leading onto Two Bedrooms. **Individual EPC Grade C and score of 78.

Apartment Three

Accessed via the First Floor. The apartment accommodation consists of; Entrance Hallway, open plan Living/Kitchen area with a range of wall and base units with worktops over, electric oven with 4 ring hob and extractor over. Space and plumbing for washing machine. Leading into the Shower room with low level WC, wash hand basin, radiator and leading onto One Double Bedroom. **Individual EPC Grade C and score of 77.

Apartment Four

Accessed via the Ground floor. The apartment accommodation consists of; Entrance Hallway, Living/Kitchen area with a range of wall and base units with worktops over, electric oven with 4 ring hob and extractor over, space and plumbing for washing machine. Bathroom comprising a low level WC, wash hand basin and radiator. Leading onto Two good sized Bedrooms. **Individual EPC Grade C and score of 78.

Apartment Five

Accessed via Second Floor. The apartment accommodation consists of; Entrance Hallway, Living/Kitchen area with a range of wall and base units with worktops over, electric oven with 4 ring hob and extractor over, space and plumbing for washing machine. Shower room with low level WC, wash hand basin, radiator and Two good sized Bedrooms. **Individual EPC Grade C and score of 79.

Apartment Six

Accessed via the First Floor. The apartment accommodation consists of; Entrance Hallway, Living/Kitchen area with a range of wall and base units with worktops over, electric oven with 4 ring hob and extractor over, space and plumbing for washing machine. Leading into Shower room with low level WC, wash hand basin, radiator and Two good sized Bedrooms. **Individual EPC Grade C and score of 79.

Apartment Seven

Accessed via the First Floor. The apartment accommodation consists of; Entrance, open plan Living/Kitchen area with a range of wall and base units with worktops over, electric oven with 4 ring hob and extractor over, space and plumbing for washing machine. Shower room with low level WC, wash hand basin, radiator and One Double Bedroom. **Individual EPC Grade C and score of 77.

Apartment Eight

Accessed via the Ground Floor. The apartment accommodation consists of; Entrance Hall, Living/Kitchen area with a range of wall and base units with worktops over, electric oven with 4 ring hob and extractor over, space and plumbing for washing machine. Shower room with low level WC, wash hand basin, radiator and One Double Bedroom. **Individual EPC Grade C and score of 77.

Apartment Nine

Accessed via the Ground Floor. The apartment accommodation consists of; Entrance Hall, open plan Living/Kitchen area with a range of wall and base units with worktops over, electric oven with 4 ring hob and extractor over, space and plumbing for washing machine. Shower room with low level WC, wash hand basin, radiator and One Double Bedroom. **Individual EPC Grade C and score of 78.

Agent 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.

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