- Mid-Terraced +
- Two Bedrooms +
- Tenant in Situ +
- EPC Grade D +
- City of Lincoln Council +
- Council Tax Band A +
- Central Location +
- No Onward Chain +
*THE PERFECT ADDITION TO THE INVESTMENT PORTFOLIO*
Welcome to 27 Spencer Street. This neat an tidy Two bedroom Mid-Terraced is situated in a highly sought after location close to Lincoln City Centre and is being sold with a tenant in situ making this a superb investment. The current tenant is paying £650pcm but we believe looking at comparable evidence the market rent is £800pcm which would give an investor a gross yield of 7.68% based on the current asking price.
Briefly comprising; Living Room, Kitchen, Two Bedrooms, Bathroom. Also benefitting from a fully enclosed Rear Courtyard and Parking is available on street.
Freehold/City of Lincoln Council-Band A/EPC Grade D.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
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