£1,800,000
(£174.44/sq. ft)
Property for saleCollege Mews, 2 Holmes Road, Lincoln, Lincolnshire LN1
10,319 sq. ft
Freehold
About this property
22 ensuite studio apartments
100% occupancy for the 2024/25 academic year
Gross rental income of £202,236 per annum
Easy walking distance to University of Lincoln Campus, amenities and city centre transport links
The property is an attractive 2 storey 'L' shaped period building of traditional brick and stone construction beneath a pitched slate roof set around a stone courtyard. Originally a coach house it was converted into student accommodation in 1999 and extensively refurbished in 2023 to provide 22 high quality ensuite studios.
Internally, the studios are finished to a high standard being appointed with a 3/4 double bed, desk and built in wardrobe, kitchenette with electric hob and oven and fridge freezer. The ensuites are fitted with a shower, WC, wash basin and heated towel rail.
Internally, the studios are finished to a high standard being appointed with a 3/4 double bed, desk and built in wardrobe, kitchenette with electric hob and oven and fridge freezer. The ensuites are fitted with a shower, WC, wash basin and heated towel rail.