About this property
A UNIQUE INVESTMENT OPPORTUNITY – 16 x TWO BEDROOMED SELF CONTAINED APARTMENTS AND 1 X THREE BEDROOMED DETACHED BUNGALOW. The properties were built by Messrs Barker and Sons and benefit from gas central heating, uPVC double glazing and designated parking space. The apartments have internal accommodation to comprise of Entrance Hall, Lounge, Fitted Kitchen, two Bedrooms and Bathroom. The bungalow also benefits from gas central heating, uPVC double glazing and has accommodation to comprise of Entrance Hall, Lounge, Open Plan Kitchen Diner, three Bedrooms, En-Suite Bathroom to the Master Bedroom and Family Bathroom. The apartments and bungalow are let on Assured Shorthold Tenancies achieving an ANNUAL GROSS RENTAL INCOME OF £94,620 (approx. 4.3% yield).
DISCLAIMER These plans are for layout guidance only. Not drawn to scale, unless stated. Window and door openings are approximate. Whilst every care is taken in the preparation of these plans, please check all dimensions, shapes and compass bearings before making any decision reliant upon them. All interested parties must verify their accuracy independently.
LOCATION Particularly well located just off Doddington Road, in this popular residential area to the South of the City within easy distance of excellent facilities, including schooling of all grades, shops, superstores and supermarkets. Further amenities are available in nearly North Hykeham. Good road access to the City Centre via either Newark Road or Tritton Road.