7 bed flat for sale

Portland Street, Lincoln, Lincolnshire LN5

Ready made investment achieving £59,325 annually

Pygott & Crone are delighted to offer for sale this spacious home split into 4 flats located in a superb central location close to the City Centre.

The property itself is split into 4 Apartments which are currently let and the Owner has advised us it is achieving the following annual income: Flat 1 - £11,750, Flat 2 - £20,145, Flat 3 - £15,700, Flat 4 - £11,730. This equates to a gross income of £59,325 annually. The home makes the ideal investment whilst also offering an abundance of modern features throughout.

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

Agent's Note: Flat 2 has been granted C4 Change of use, which allows the flat to be rented out to 3 individual tenants, allowing for a higher income.

We have been advised by the vendor that the property is currently let and the property is to be sold with tenants in situ. The property is fully let for 2025/26 as well. The buyer will need to confirm with their solicitor.

Flat 1

Hall

Kitchenette

Study

Dressing/Laundry Area

Shower Room

Further Hall

Lounge

Bedroom

En-Suite Shower Room

Entrance Hall

Kitchen

Flat 2 Bedroom

Flat 2 En-Suite Shower Room

Flat 3

Stairs Up To First Floor

Lobby

Flat 3 Lounge

Flat 3 Kitchen

Flat 3 WC

Bedroom 1

Bedroom 2

Bedroom 3

Stairs Up To Second Floor

Flat 4

Hallway

Flat 4 Kitchen

Flat 4 Bedroom

Flat 4 Bathroom