£260,000
5 bed end terrace house for saleAlexandra Terrace, Lincoln LN1
5 beds
2 baths
1 reception
Freehold
About this property
Let for 2024/25 Academic Year – £29,235pa Income
Gross Yield of Approx. 11.24%
Five Lettable Bedrooms with Two Bathrooms
Prime Central Location Close to Lincoln University
Walking Distance to High Street, Bailgate & Cathedral Quarter
Communal Living Room, Kitchen & Lobby Area
Gas-Fired Central Heating & All Mains Services Connected
Low-Maintenance Rear Courtyard
EPC Energy Rating - D
Council Tax Band - B
Attractive Student Investment Close to Lincoln University and City Centre - An appealing investment opportunity located in the heart of Lincoln, just a short walk from Lincoln University, the High Street and the historic Bailgate and Cathedral Quarter. The property is currently let for the 2024/25 academic year at £29,235 per annum, offering a strong gross yield of approximately 11.24%. Its central location ensures high demand from Students, being within easy walking distance of both the University Campus and a wide range of City Centre amenities, shops, restaurants and public transport links.
Description Attractive Student Investment Close to Lincoln University and City Centre - An appealing investment opportunity located in the heart of Lincoln, just a short walk from Lincoln University, the High Street and the historic Bailgate and Cathedral Quarter. The property is currently let for the 2024/25 academic year at £29,235 per annum, offering a strong gross yield of approximately 11.24%. Its central location ensures high demand from Students, being within easy walking distance of both the University Campus and a wide range of City Centre amenities, shops, restaurants and public transport links. Internally, the accommodation is well arranged and includes a Living Room, Kitchen, Lobby and two Bathrooms serving five lettable Bedrooms, providing comfortable and practical shared living spaces. Externally, there is a low maintenance rear courtyard and the property benefits from all mains services and gas fired central heating. This is a fantastic opportunity for investors seeking reliable income in one of Lincoln's most convenient and desirable student locations.
Location The historic Cathedral and University City of Lincoln has the usual High Street shops and department stores, plus banking and allied facilities, multiplex cinema, Marina and Art Gallery. The famous Steep Hill leads to the Uphill area of Lincoln and the Bailgate, with its quaint boutiques and bistros, the Castle, Cathedral and renowned Bishop Grosseteste University.
Living room 13' 5" x 13' 5" (4.09m x 4.09m)
kitchen 18' 7" x 10' 6" (5.66m x 3.2m)
lobby
bathroom 5' 10" x 5' 8" (1.78m x 1.73m)
bedroom 1 10' 6" x 9' 6" (3.2m x 2.9m)
first floor landing
bedroom 2 10' 10" x 9' 7" (3.3m x 2.92m)
bedroom 3 10' 10" x 10' 10" (3.3m x 3.3m)
bedroom 4 11' 0" x 8' 3" (3.35m x 2.51m)
bedroom 5 10' 6" x 10' 2" (3.2m x 3.1m)
shower room
outside
Description Attractive Student Investment Close to Lincoln University and City Centre - An appealing investment opportunity located in the heart of Lincoln, just a short walk from Lincoln University, the High Street and the historic Bailgate and Cathedral Quarter. The property is currently let for the 2024/25 academic year at £29,235 per annum, offering a strong gross yield of approximately 11.24%. Its central location ensures high demand from Students, being within easy walking distance of both the University Campus and a wide range of City Centre amenities, shops, restaurants and public transport links. Internally, the accommodation is well arranged and includes a Living Room, Kitchen, Lobby and two Bathrooms serving five lettable Bedrooms, providing comfortable and practical shared living spaces. Externally, there is a low maintenance rear courtyard and the property benefits from all mains services and gas fired central heating. This is a fantastic opportunity for investors seeking reliable income in one of Lincoln's most convenient and desirable student locations.
Location The historic Cathedral and University City of Lincoln has the usual High Street shops and department stores, plus banking and allied facilities, multiplex cinema, Marina and Art Gallery. The famous Steep Hill leads to the Uphill area of Lincoln and the Bailgate, with its quaint boutiques and bistros, the Castle, Cathedral and renowned Bishop Grosseteste University.
Living room 13' 5" x 13' 5" (4.09m x 4.09m)
kitchen 18' 7" x 10' 6" (5.66m x 3.2m)
lobby
bathroom 5' 10" x 5' 8" (1.78m x 1.73m)
bedroom 1 10' 6" x 9' 6" (3.2m x 2.9m)
first floor landing
bedroom 2 10' 10" x 9' 7" (3.3m x 2.92m)
bedroom 3 10' 10" x 10' 10" (3.3m x 3.3m)
bedroom 4 11' 0" x 8' 3" (3.35m x 2.51m)
bedroom 5 10' 6" x 10' 2" (3.2m x 3.1m)
shower room
outside
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