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High Street, Lincoln8 bedroom Mid Terraced House for sale

  • 2
  • 8
  • 2
£325,000
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About this property

DESCRIPTION 407 with accommodation to comprise of Entrance Hallway, Communal Room, Kitchen, Bathroom and First Floor Landing leading to Three Bedrooms and a Second Floor Landing leading to Bedroom 4. 408 with accommodation to comprise of Entrance Hallway, Communal Room, Kitchen, Bathroom, Bedroom and First Floor Landing leading to Three Bedrooms. The sale is also inclusive of the Ground Floor Shop with the timber outbuildings behind. Each bedroom is currently let at £80 per week on a 51 week term and the commercial shop is currently let at £75 per week on a 52 week term. The investment offers a potential yield of approximately 11.2%.

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 College.

NOTE
All income figures and HMO compliant should be checked with your solicitor prior to exchange and completion.

407 HIGH STREET

ENTRANCE HALL With door to the side elevation, stairs to the first floor and door to communal room.

COMMUNAL ROOM 12′ 3" x 11′ 9" (3.73m x 3.58m) , with UPVC double glazed window to the rear elevation and radiator.

KITCHEN 9′ 9" x 6′ 6" (2.97m x 1.98m) , with UPVC double glazed window to the side elevation, fitted with a range of wall, base units and drawers with work surfaces over, tiled splashbacks, stainless steel sink unit and drainer, integral oven, four ring gas hob with extractor fan over, spaces for fridge freezer, dishwasher and washing machine, external door to the side elevation and door to bathroom.

BATHROOM 6′ 4" x 5′ 6" (1.93m x 1.68m) , with UPVC double glazed window to the side elevation, suite to comprise of low level WC, wash hand basin and bath with mains shower over and radiator.

FIRST FLOOR LANDING With doors to three bedrooms and storage cupboard.

BEDROOM 12′ 0" x 8′ 5" (3.66m x 2.57m) , with UPVC double glazed window to the front elevation and radiator.

BEDROOM 11′ 9" x 6′ 7" (3.58m x 2.01m) , with UPVC double glazed window to the front elevation and radiator.

BEDROOM 12′ 5" x 8′ 7" (3.78m x 2.62m) , with UPVC double glazed window to the front elevation and radiator.

SECOND FLOOR With door to bedroom.

BEDROOM 13′ 5" x 9′ 2" maximum (4.09m x 2.79m) , with Velux windows and radiator.

408 HIGH STREET

ENTRANCE HALL With stairs to the first floor landing and doors to communal room and bedroom.

COMMUNAL ROOM 12′ 3" x 11′ 8" (3.73m x 3.56m) , with UPVC double glazed window to the rear elevation, radiator and door to kitchen.

KITCHEN 10′ 1" x 6′ 5" (3.07m x 1.96m) , with UPVC double glazed window to the side elevation, external door to the side elevation, vinyl flooring, fitted with a range of wall, base units and drawer with work surfaces over, tiled splashbacks, stainless steel sink unit and drainer, integral oven, four ring gas hob with extractor fan over and door to bathroom.

BATHROOM 7′ 3" x 5′ 9" (2.21m x 1.75m) , with UPVC double glazed window to the side elevation, vinyl flooring, fully tiled walls, suite to comprise of low level WC, wash hand basin, bath with shower over, radiator and extractor fan.

BEDROOM 11′ 9" x 11′ 4" (3.58m x 3.45m) , with UPVC double glazed window

FIRST FLOOR LANDING With UPVC double glazed window to the side elevation and doors to the three bedrooms.

BEDROOM 12′ 0" x 6′ 7" (3.66m x 2.01m) , with UPVC double glazed window to the front elevation and radiator.

BEDROOM 12′ 0" x 8′ 4" (3.66m x 2.54m) , with UPVC double glazed window to the front elevation and radiator.

BEDROOM 12′ 3" x 12′ 1" (3.73m x 3.68m) , with UPVC double glazed window to the side elevation and radiator.

SHOP 18′ 5" x 12′ 5" (5.61m x 3.78m)

OUTSIDE There is a shared passageway though the middle of the properties leading to two small courtyards for the two properties. The path leads to timer outbuildings to the rear which are currently utilised by the tenant of the commercial shop.

Energy Performance Cerificate (EPC)