About this property
GREAT INVESTMENT OPPORTUNITY – Four Bedroomed Student House – Currently Let until July 2019 – HMO Compliant.
This is a great investment opportunity of a four Bedroomed HMO compliant student home situated directly opposite Lincoln University’s main campus, making it highly desirable to students. Located in the ever popular West End area of Lincoln, that now has a limited supply of HMO compliant four bedroomed student houses. This house has been successfully let to four students in excess of twelve years and is well maintained making it an excellent investment. The property is currently let for the 2017/18 term at an approximate gross income of £17,380 and reserved by four students for the 2018/19 term with an approximate gross income of £18,860. The property has internal accommodation to comprise of Entrance Hall, Communal Room, Kitchen, Bedroom One, Bathroom and First Floor Landing leading to three further Bedrooms. Outside there is a low maintenance rear courtyard garden. The property represents an excellent investment opportunity.
NOTE All rental figures should be checked prior to exchange and completion.
LOCATION Located within close proximity and within a very short walk to Lincoln University and Lincoln City Centre where all the usual facilities can be found.
ENTRANCE HALL With UPVC double glazed door to the front elevation, stairs to the first floor, radiator, coving to ceiling and doors to communal room, bathroom and under stairs storage cupboard.
COMMUNAL ROOM 13′ 8" x 12′ 11" (4.17m x 3.94m) ,with radiator, archway to kitchen and door to bedroom 1.
KITCHEN 11′ 3" x 8′ 6" (3.43m x 2.59m) , with UPVC double glazed door and window to rear elevation, tiled flooring, fitted with a range of wall, base units and drawers with work surfaces over, tiled splashbacks, stainless steel sink unit and drainer with mixer tap, integral oven, four ring gas hob with extractor fan over, space and plumbing for washing machine and space for fridge freezer.
BEDROOM 1 13′ 9" x 9′ 2" (4.19m x 2.79m) , with UPVC double glazed window to the front elevation, radiator and coving to ceiling.
BATHROOM With UPVC double glazed window to the rear elevation, suite to comprise of low level WC, wash hand basin and bath, partly tiled walls and radiator.
FIRST FLOOR LANDING With UPVC double glazed window to the rear elevation, banister rail, wall mounted gas fired central heating boiler and doors to three bedrooms.
BEDROOM 2 12′ 5" x 8 ‘ 11" (3.78m x 2.72m) , with UPVC double glazed window to the rear elevation and radiator.
BEDROOM 3 13′ 7" x 12′ 11" (4.14m x 3.94m) , with UPVC double glazed window to the front elevation and radiator.
BEDROOM 4 9′ 2" x 7′ 10" (2.79m x 2.39m) , with UPVC double glazed window to the front elevation, built-in wardrobes and radiator.
OUTSIDE To the rear of the property there is a low maintenance gravelled courtyard with gated access to the rear.