Just added

£140,000

(£277/sq. ft)

2 bed end terrace house for sale
Cross Street, Lincoln LN5

    • 2 beds

    • 1 bath

    • 2 receptions

    • 506 sq. ft

  • EPC Rating: D

  • Chain free
  • Freehold

Added on

Drewery Jones Independent Estate Agents

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About this property

  • Fully Managed Rental Investment - Achieving £1300PCM including bills

  • City Centre Location

  • Fully Furnished Turnkey Investment Property - Managed for 12% + VAT

  • Two Reception Rooms and Two Double Bedrooms

  • Upstairs Shower Room

  • Excellent Condition Throughout

  • Large low maintenance Rear Garden

  • No Onward Chain

  • EPC Rating D

  • Council Tax Band A

Turnkey investment opportunity – currently let at £1,300 pcm including bills – fully managed by cloud lettings for 12% + VAT

An excellent opportunity to acquire a well-presented two bedroom investment property on Cross Street, Lincoln, ideally positioned close to Lincoln city centre, the University and regular public transport links.

The property is currently operated as a rental investment and is achieving £1,300 per calendar month including bills, providing an immediate income stream for the new owner. The property is fully managed by Cloud Lettings in Lincoln, with management charged at 12% plus VAT, making this an attractive turnkey investment for both experienced and first-time landlords.

Internally, the property is presented in excellent condition and briefly comprises:

Ground Floor

* Two well-proportioned reception rooms
* Fully fitted kitchen

First Floor

* Two double bedrooms
* Shower room

Externally, the property benefits from a private garden to the rear, providing a useful outdoor space.

The property’s location is particularly well suited to the rental market, being within easy reach of Lincoln city centre, the University and regular public transport services, with a range of local amenities close by.

With an established rental arrangement, professional management already in place and the property presented in excellent condition, this represents a ready-to-go investment opportunity requiring minimal involvement from the new owner.

Current Rental Income: £1,300 pcm including bills

Management: Cloud Lettings, Lincoln – 12% + VAT

Early viewing is recommended to appreciate the condition, location and investment potential of this property.

Lounge (3.49m x 3.42m (11'5" x 11'3"))

Dining Room (3.47m x 3.42m (11'5" x 11'3"))

Kitchen (3.14m x 2.12m (10'4" x 6'11"))

Hall (0.82m x 2.20m (2'8" x 7'3"))

Landing (0.82m x 2.00m (2'8" x 6'7"))

Bedroom 1 (3.49m x 3.54m (11'5" x 11'7"))

Bedroom 2 (3.55m x 2.85m (11'8" x 9'4"))

Shower Room (3.06m x 1.97m (10'0" x 6'6"))

Garden

Services

All Mains Services
Gas Central Heating
UPVC Double Glazed Windows throughout
Fully Furnished Rental Investment
Currently Let £1300PCM including bills
Fully Managed Investment - Cloud Lettings % + VAT
EPC Rating D
Council Tax Band A

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More information

  • Tenure

    Freehold

  • Council tax band

    A

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Property descriptions and related information displayed on this page are marketing materials provided by - Drewery Jones Independent Estate Agents. 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 Drewery Jones Independent Estate Agents for full details and further information.