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Investment

Investment For Sale Lincoln

PROPERTY ID: 137463

PROPERTY TYPE

Investment

STATUS

Available

SIZE

10,319 sq.ft

Key Features

22 ensuite studio apartments
100% occupancy for the 2024/25 academic year
Gross rental income of £202,236 per annum
Easy walking distance to University of Lincoln Campus, amenities and city centre transport links

Property Details

The Property Is An Attractive 2 Storey 'l' Shaped Period Building Of Traditional Brick And Stone Construction Beneath A Pitched Slate Roof Set Around A Stone Courtyard. Originally A Coach House It Was Converted Into Student Accommodation In 1999 And Extensively Refurbished In 2023 To Provide 22 High Quality Ensuite Studios. Internally, The Studios Are Finished To A High Standard Being Appointed With A 3/4 Double Bed, Desk And Built In Wardrobe, Kitchenette With Electric Hob And Oven And Fridge Freezer. The Ensuites Are Fitted With A Shower, Wc, Wash Basin And Heated Towel Rail.

About the Agent

Investment Unit

£1,800,000 Freehold

College Mews,2 Holmes Road, Lincoln, LN1 1RF
Investment - Available
10,319 sq ft
959 sqm
Show phone number

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