Welcome to the ever-popular Linea Apartments in central Scunthorpe. On offer; A perfect investment opportunity for YOU. Having recently recruited a new tenant for the premises the outgoing landlord has secured a readymade income of £775pcm for the new incumbent. Over £9000 in yearly rentable income, making this a very attractive proposition for anybody with an existing portfolio or those of you new to the property investments.
The leasehold has an exceptional 282 years left to run, guaranteeing your investment for the foreseeable. All management charges should be confirmed with the agent prior to viewing, but overall, we calculate there remains over 8% yield at the current rental level.
Located in the heart of Scunthorpe, the apartment is perfect for young professionals. A modern open plan Kitchen/Diner/Living space, two double bedrooms and a modern bathroom with shower accessories. Double doors open out onto the second floor balcony with views out towards Church Square and beyond. Ideally located for Scunthorpe General Hospital making Linea a perfect introduction to the area for doctors and medical personnel. The hospital is situated 1 mile away, with an array of pubs, restaurants and supermarkets in the vicinity. Secure, allocated parking the cherry on top of the cake.
Scunthorpe is home to a wide range of sights and attractions, from history at the North Lincolnshire Museum to entertainment at The Plowright Theatre, and shopping at The Foundry and North Lincolnshire Shopping Park. If you enjoy the great outdoors, you can visit Ashby Ville Nature Reserve, Normanby Hall Country Park, or Elsham Hall Country Park, while the Lincolnshire Wolds Area of Outstanding Natural Beauty is only a short drive away. For families moving to the area, Pink Pig Farm is very popular with the little ones, while the Trolleybus Museum at Sandtoft is also a great kid-friendly attraction. Other places of interest in and around Scunthorpe include The Pods leisure centre and swimming pool, Grange Park Golf Course, and Glanford Park, home of Scunthorpe United Football Club.
Scunthorpe is close to the M180, providing good transport links by road, while the train station has regular services to Doncaster, Manchester, and beyond. To get to Doncaster, the journey by train takes just 25 minutes while the car journey takes around 35 minutes depending on traffic. Sheffield can be reached in 50 minutes by car or one hour by train, while Lincoln can be reached in 45 minutes and Leeds can be reached in one hour. Manchester is around one hour 50 minutes away by car or train, while the quickest way to get to London is by train, with a journey time of two hours 40 minutes changing at Doncaster.
I know, I know - it's hard to resist the draw of this this fabulous property. So, to secure your viewing make sure to reach out to the awesome folks at EweMove Scunthorpe. They're available 24/7 because let's face it, hunting for that perfect premises doesn't always stick to regular office hours. Don't believe us? Pick up the phone anytime and find out - just be ready to grab this opportunity!
Now grab that virtual magnifying glass, peek at the 2D & 3D floor plans, browse the jaw dropping photographs.
Book your viewing today and secure this perfect investment opportunity!
Agent Details
EweMove, Covering East Midlands
01274 015899
Next Steps?
This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪
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