£270,000
6 bed terraced house for saleBoultham Avenue, Lincoln LN5
6 beds
2 baths
1 reception
EPC Rating: C
Added on
About this property
Six Bedroom HMO
Gross Income £34000*
Two Bathrooms
Modern Kitchen
No onward chain
Professional Tenants Fully In Situ
Sought After Location
EPC Grade C
* * Six Bedroom HMO * * An excellent investment opportunity situated on the sought after Boultham Avenue in Lincoln. This well positioned six bedroom House in Multiple Occupation (HMO) offers an attractive opportunity for investors seeking an established income generating property.
Ideally located within walking distance of a range of local amenities, including shops, supermarkets, cafés, public transport links and recreational facilities. The property is well suited to the local rental market. Lincoln city centre and the University of Lincoln are also within easy reach. All six bedrooms are currently fully let, generating a gross rental income of approximately £34,000 per annum.
The accommodation on offer comprises Entrance Hall, Open Plan Kitchen Living Room, Two Bedrooms and Shower Room to the Ground Floor. To the first floor there are a further Three Bedrooms, WC and Shower Room. To the second floor there is an another Bedroom. Externally the property offers an enclosed lawned garden with spacious patio. The property further benefits from Gas Central Heating, uPVC Double Glazing and being sold with no onward chain.
EPC rating: C.
Entrance Hall
With the entrance door to the side aspect, access to storage and stairs rising to the first floor.
Bedroom One (13'4" x 11'9" (4.06m x 3.58m))
With a bay window to the front aspect and radiator.
Lounge (11'7" x 11'7" (3.53m x 3.53m))
With french doors to the rear aspect leading to the enclosed rear garden and radiator.
Kitchen (22'1" x 7'7" (6.73m x 2.31m))
With a window to the side aspect, fitted with a range of wall and base units with worktops over, sink with drainer unit, gas hob and electric oven, extractor and space and plumbing for a washing machine.
Shower Room
With a window to the side aspect, fitted with a low level wc, wash hand basin and shower.
Bedroom Two (14'4" x 6'6" (4.37m x 1.98m))
With a window to the side aspect and radiator.
First Floor Landing
With stairs to the ground floor and rising to the second floor.
Bedroom Three (15'2" x 8'3" (4.62m x 2.51m))
With a window to the front aspect and radiator.
Bedroom Four (11'9" x 7'2" (3.58m x 2.18m))
With a window to the rear aspect and radiator.
Bedroom Five (11'9" x 7'3" (3.58m x 2.21m))
With a window to the rear aspect and radiator.
WC
Fitted with a low level wc and wash hand basin.
Shower Room
Fitted with a low level wc, wash hand basin and shower.
Bedroom Six (17'0" x 15'2" (5.18m x 4.62m))
With windows to the rear aspect and radiator.
Outside
To the rear of the property there is an enclosed lawned garden with spacious patio.
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 Newton Fallowell nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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