• INVESTMENT OPPORTUNITY +
• 6 Bedroom Student Let Apartment +
• Fully Managed Block +
• Secure Building with CCTV +
• Gross Yield 11.52% +
• EPC Rating - C +

INVESTMENT OPPORTUNITY - A six bedroom furnished fully managed student let in a modern apartment block. The apartment is on the sixth floor and has a communal Lounge/Kitchen/Diner and six En-Suite Bedrooms. Managed by a professional management company for all apartment owners including marketing, maintenance billing and full rent collection. The annual fee includes sink fund to refurbish the property each year. The apartment is let for 2023/2024 at £118 per room for 48 weeks, giving a gross income of £33,984 and a gross yield of 11.52%.

All figures should be checked with the Vendor/Solicitor prior to Exchange of Contracts and completion of the sale.  

LOCATION The historic Cathedral and University City of Lincoln has the usual High Street shops and department stores. Nearby is the Brayford Marina with Odeon multiplex cinema and numerous bars and restaurants.The famous Steep Hill leads to the Uphill area of Lincoln and the prestigious Bailgate, with its quaint boutiques and bistros, the Castle, Cathedral and renowned Bishop Grosseteste University. Lincoln is also served by Lincoln Central Railway Station. 

COMMUNAL ENTRANCE HALL With intercom system and doors to all Bedrooms and the Communal Lounge/Kitchen .  

COMMUNAL LOUNGE/KITCHEN 21' 9" x 13' 10" (6.64m x 4.22m) , with double glazed window, laminate flooring, kitchen area with appliances including two fridge freezers, cooker and dishwasher, breakfast bar with stools, two leather sofas, TV, laminate flooring and electric radiator.  

BEDROOM 1 17' 0" x 8' 3" (5.2m x 2.52m) , with double glazed window, bed, desk, drawers, double wardrobe, TV point and electric radiator.  

EN-SUITE SHOWER ROOM With shower cubicle, close coupled WC and wall-mounted wash hand basin.  

BEDROOM 2 17' 6" x 8' 4" (5.35m x 2.56m) , with double glazed window, bed, desk, drawers, double wardrobe, TV point and electric radiator.  

EN-SUITE With shower cubicle, close coupled WC and wall-mounted wash hand basin.