Offers over
£180,000
4 bed end terrace house for saleSewells Walk, Lincoln, Lincoln LN5
4 beds
3 baths
2 receptions
EPC Rating: D
Freehold
About this property
Gross Income - £28,800 Annually
Ready made investment
End of Terrace Home - Currently split into 3 Apartments
1 x Two Bedroom
2 x One Bedroom
Period Features Throughout
EPC Rating - D, Council Tax Bands - A
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”
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”
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