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 35 Redwood Drive, Lincoln, Lincolnshire, LN5 9BN

Ripon Street, Lincoln

£140,000

3 Bedrooms / 2 Bathrooms / 2 Reception

  • Perfect Investment Opportunity
  • 8.57% Rental Yield
  • Two Self Contained Units
  • One Bedroom Apartment/Two Bedroom Apartment
  • Currently Tenanted
  • No Chain
  • Close to Local Amenities

10 photos

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** PERFECT INVESTMENT OPPORTUNITY WITH TWO RESIDENTIAL APARTMENTS **

** OFFERS OVER £140,000 **

Kinetic Estate Agents are delighted to present for sale this three bedroom property which is split into two residential apartments on Ripon Street, close to Canwick Road and Lincoln High Street.

The property is split into a one bedroom apartment and two bedroom apartment with over 1100 square foot of space. The one bedroom apartment comprises of a Hall, Living Room, Bedroom, Kitchen and Bathroom. The two bedroom apartment consists of Entrance Hallway, Living Room, Kitchen, Shower Room, and two bedrooms. Externally, there is only a small courtyard to the one bedroom apartment, and no outdoor space to the two bedroom apartment. This property is FREEHOLD, and currently produces a 8.57% rental yield (£1000pcm)

Ripon Street is located just off Canwick Road and within walking distance to local shops and amenities, the historic Cathedral and University City of Lincoln has the usual High Street shops and department stores, plus banking and further facilities. The property is perfect for an investor looking to increase their portfolio with this strong rental yield.

Call Kinetic today on 01522 888884 to arrange your viewing.

Agent Note - Please note, these photos have been used from a third party source and we're taken prior to the current tenancy commencing.

Reference: KIT1001080


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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