01522 88 88 84
 35 Redwood Drive, Lincoln, Lincolnshire, LN5 9BN

Monks Road, Lincoln

£340,000

5 Bedrooms / 3 Bathrooms / 3 Reception

  • Chain Free
  • Great Investment Opportunity
  • Fully Furnished
  • Tenanted For This Academic Year
  • Good Rental Yield
  • Fully Refurbished
  • New Heating System
  • New Electrics

13 photos

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**FANTASTIC INVESTMENT OPPORTUNITY FOR STUDENT ACCOMMODATION**. There are three flats in total and must be sold together. They are currently rented out for the current academic year 2020/2021. Total asking price is £340,000 with a gross rental income of £32,500 per annum.

The flats have all been recently renovated to a high standard, new carpets, heating system, radiators, electrics, kitchens, (having integrated oven and electric hobs), bathrooms, carpets and general cosmetic decoration.. All fully furnished, (Washing machine, fridge freezer, TV, sofa, beds, microwave, kettle, table and bench. All passed the building regulations with the local authority. So a very easy investment for someone who wants the security but without the hassle of refurbishing, furnishing or finding tenants for this year. Please call Kinetic for further information or a viewing. 01522 88 88 84

Flat one is a two bedroom apartment, 50 sqm achieving £12.5k inc bills, gross income per annum

Flat two is a two bedroom apartment, 50 sqm achieving £12.5k inc bills, gross income per annum

Flat three is a one bedroom studio apartment, 32sqm, achieving £7.5k inc bills, per annum.

Photos
We have not got photos of every room due to access however we have managed to get a good range of photos of the apartments to showcase the condition of the property, room proportions and furnishings etc. For further info please call us or arrange a viewing.

Reference: KIT1000709


Disclaimer

These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.

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