Property photos
Offers in region of
£198,000
(£233/sq. ft)
4 bed terraced house for sale
Alexandra Terrace, Lincoln LN1Key Information
Local area information
Property location
Nearby amenities
- Westgate Academy 0.2 miles
- The St Faith and St Martin Church of England Junior School, Lincoln 0.2 miles
- Lincoln 0.6 miles
- Hykeham 3.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Lincoln to find out more about the local area.
Features and description
- Freehold
- Four bedrooms
- Three storey property
- 10% gr.yield
- Income of £20,000 per year
- Uphill area of lincoln
- Close to university of lincoln
- Viewing essential
- Investment opportunity
Currently being utilised as student accommodation, producing a rental income of £20,000 per annum, giving a gross yield of 10%, with the potential to increase this year on year in line with market rent.
Accommodation briefly comprises of: Kitchen/Dining Area, Living Room and Utility Area to the Lower Ground Floor. On the Ground Floor you will find Two Double Bedrooms, with a further Double and Single Bedroom and Bathroom to the First Floor.
Externally to the rear aspect is a decked patio area, with further outdoor space laid to gravel and access to the front aspect.
Early and internal viewing is advised to truly appreciate the accommodation this property has to offer.
Living Room - 8'3" (2.51m) x 10'5" (3.18m)
UPVc windows with a brick base, UPVc French doors leading to rear aspect, radiator, tiled floor, UPVc French doors leading to
Kitchen/Diner - 12'0" (3.66m) x 15'0" (4.57m)
Access to Utility Area, radiator, fitted with base units and wood work surfaces and spaces for under the counter appliances. Access to Ground Floor.
Utility Area - 4'11" (1.5m) x 8'8" (2.64m)
Bedroom 1 - 12'0" (3.66m) x 11'2" (3.4m)
Window to rear aspect, radiator, carpet, built in storage
Bedroom 2 - 12'0" (3.66m) x 7'10" (2.39m)
Window to front aspect, radiator, carpet
Bedroom 3 - 12'0" (3.66m) x 11'2" (3.4m)
Window to front aspect, radiator, carpet, built in storage
Bathroom - 7'6" (2.29m) x 8'8" (2.64m)
Window to rear aspect, radiator, laminate wood flooring. Fitted with three piece suite consisting of low level WC, pedestal sink, and panelled bath with shower over
Bedroom 4 - 5'1" (1.55m) x 11'8" (3.56m)
Window to rear aspect, radiator, carpet
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
Floor plans and tours
Floor plans (1)
Tours
No virtual tour available
More information
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Listed by
Pridea Sales and Lettings
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Property descriptions and related information displayed on this page are marketing materials provided by - Pridea Sales and Lettings. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Pridea Sales and Lettings for full details and further information.