3 bed semi-detached house for sale

Addison Drive, Lincoln LN2

Investment opportunity – tenants in situ

We are delighted to offer this three bedroom semi detached house for sale with tenants in situ, presenting an ideal investment opportunity for landlords and investors alike. The property is currently let under an assured shorthold tenancy agreement, generating a consistent rental income of £875pcm. The tenancy is well-established, and the occupants have expressed a desire to remain, providing a ready-made, income-producing asset for the new owner.

Internally and to the ground floor the property briefly comprises an entrance hall with stairs leading to the first floor accommodation, a spacious living room with french patio doors leading to the rear, a well-appointed kitchen with an integrated oven and hob and garden access, and a contemporary bathroom with a separate WC. To the first floor is a landing giving access to three bedrooms, two of which is double sized and one single offering potential to also be used as a home office.

Externally, the property benefits from large front and rear gardens with decorative laid to lawn areas with mature shrubs and established plants, a paved patio seating area, and a shed providing additional storage.

This sale is available exclusively to buyers who are willing and able to purchase with the existing tenants in place. Please contact us for further tenancy details or to arrange a viewing.

Additional information:

Council Tax Band: A

Local Authority: Lincoln

*This information is to be confirmed by the solicitor*

Early viewing is highly recommended due to the property being realistically priced.

Disclaimer:

These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract. Intending Purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including gas central heating and so cannot verify they are in working order or fit for their purpose. Furthermore, Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations. Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate. Therefore if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves. Photographs are reproduced general information and it must not be inferred that any item is included for sale with the property.
Tenure


To be confirmed by the Vendor’s Solicitors
Possession


Vacant possession upon completion
Viewing


Viewing strictly by appointment through The Express Estate Agency