Bairstow Eves are proud to offer to the market this unique investment opportunity in the heart of Lincoln.
The large terrace property has been reconfigured to offer three separate self contained apartments including two large two bedroom properties, and a further one bedroom apartment.
The property has been carefully converted to create three individually comfortable apartments all tenanted by long term and reliable tenants.
Apartment one;
The ground floor apartment is a spacious two-bedroom apartment, entering into the lounge you are greeted with a light and well-formed space leading through into both the kitchen and first of the bedrooms. The bedroom positioned to the front of the property is a spacious double room neutrally finished.
Moving towards the back of the property there is a galley style kitchen with a range of both base and wall units offering storage finished in light wood affect cabinetry with black worktops.
Flowing through from the kitchen is the rear hall with access onto the bathroom which is of a modern finish with a full white suite and neutral tile.
To the very rear of the apartment is the second bedroom which the current tenants use as a lounge making the most of its position and access into the private garden.
The garden is a quaint retreat mostly paved with mature trees and planters along the border.
Apartment two;
This large one bedroom apartment features a spacious lounge alongside the breakfast kitchen.
The kitchen features again light wood affect cabinetry with black worktops and tile, integrated appliances include oven, hob and extractor fan with spaces for others freestanding.
The bedroom is a large double bedroom with double glazed window to the front of the property and the generous bathroom completes the space, fitted with a bath with shower over, wash basin and toilet with feature blue tile.
Apartment three ;
Another well presented one bedroom apartment situated on the top floor of the property.
The main living space is open plan with the kitchen separated from the living room by the archway. The room offers plentiful space for a breakfast table and lounge area and is neutrally finished.
The primary bedroom is a superbly proportioned room further benefitting integrated storage along one wall.
The bathroom completes the internal space featuring a white suite and blue tile cladding the walls.
Location!
Being located close by the city centre the property is an ideal and ready made investment opportunity. Lincoln is a hub not only for the universities but as a tourist spot for its history meaning not only long term rental opportunity but short term lets/air bnb.
The current income generated is;
Apartment 1: £700 pcm
Apartment 2: £480 pcm
Apartment 3: £500 pcm
