Bargate, Off High Street, Lincoln
OIRO £185,000 (Tenant Fees)

A two Storey five/six-bedroom HMO end terraced investment property located off the High St well placed for local, city amenities and university in an established residential and popular rental area. Excellent opportunity for established or first-time investor. The property features gas central heating system,Upvc double glazing, modern kitchen & bathroom areas and briefly comprises Ground floor-Hall,lounge,kitchen, bathroom, bed 1, First floor, three bedrooms, bathroom, second floor two bedrooms. Outside enclosed rear yard, outbuildings.

Current rental income £17,100.. a subject to anticipated review to £18480 p.a with scope for further increase of unused bedrooms.

Location
Bargate is an established residential and popular rental area located off the high street and well placed for local amenities city centre, university and South Park. The property is easily found when leaving the city along High Street B1262; continue towards South Parade and prior to St Catherine’s roundabout turn right onto Bargate where the property will be found on the right-hand side at the junction with Sidney Street.

Accommodation

Bedroom (4.14m (13' 7") x 3.41m (11' 2"))

Sitting Room (4.15m (13' 7") x 3.39m (11' 1"))

Kitchen (4.07m (13' 4") x 2.39m (7' 10"))

Rear Hall

Claok/WC Room

Bathroom (2.19m (7' 2") x 1.65m (5' 5"))

First Floor

Bedroom (2.19m (7' 2") x 1.65m (5' 5"))

Bedroom (4.08m (13' 5") x 2.93m (9' 7"))

Bedroom (2.90m (9' 6") x 2.90m (9' 6"))

Bathroom (2.02m (6' 8") x 1.16m (3' 10"))

Bedroom (4.10m (13' 5") x 2.65m (8' 8"))

Bedroom (4.11m (13' 6") x 2.64m (8' 8"))

Outside
Enclosed rear yard and outbuilding providing useful storage.

Agents Note
These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither Lime Living Estate Agents, our partners nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.

Viewing
By appointment only and please contact our partner Agents:

Silcock & Partners,
Andrew Silcock, FRICS
01777 717559

07540 578530
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