Situation: The property is situate on Colegrave Street, Lincoln, a popular and well positioned area of the City, close to a wide range of facilities and amenities, including the University and City centre. Lincoln is a vibrant and popular historic city, and has seen significant growth over the last decade, with the increasingly popular university, and continued development. The City also boasts a well connected rail station and good road access to the surrounding areas. Description: A traditionally constructed mid terrace house, arranged as a 6 bedroom fully let HMO property and generating circa £30,000 per annum. The property is in good order throughout, having been well maintained by the current vendor, and essentially is ready to go investment opportunity, earning from day one. The property benefits from double glazing, gas central heating and well proportioned rooms throughout. An internal viewing is highly recommended. Accommodation Entrance Hall Single radiator, stairs to first floor. Bedroom One: 4.01m x 4.50m Single glazed bay window to the front elevation. Bedroom Two: 3.94mx 3.51m Single glazed sash window to the rear elevation, double radiator, fireplace (not currently in use) Communal Lounge: 3.71m x 4.04m Single glazed sash window to the side elevation, double radiator, built in storage. Archway to: Kitchen: 3.28m x 2.40m Single glazed casement window to the side elevation, fitted wall and base units with stainless steel single drainer, sink, built in oven, four ring gas hob with extractor over, space and plumbing for washing machine, part tiled walls. Archway to: Rear Porch: With door to side passageway and further door to side elevation, single radiator. Archway to: Bathroom: 2.34m x 2.28m Single glazed casement window to the rear elevation, three piece suite comprising panelled bath with shower over, pedestal wash basin, mid flush w.c., double radiator, part tiled walls. Store Room: 2.28m x 0.94m
Energy Efficiency Rating (EPC)
Current Rating D
Services
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Additional Fees
Buyer's Premium - Non-refundable 1.2% inc VAT of the final sale price payable on the fall of the virtual gavel.
Administration Charge - Non-refundable £1,800 inc VAT payable on the fall of the virtual gavel.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.