9 Bed House For Sale St. Catherines, Lincoln, LN5
£415,000
1 of 13
- Description
- Floor Plan
- Street View
- Maps
Last Updated: 6th February 2024
Description
***GUIDE PRICE £415,000 - £435,000***
FULLY LET INVESTMENT WITH DEVELOPMENT OPPORTUNITUES!
Fully licenced nine bedroom HMO property with a monthly income of £4,305pcm / £51,660 annually and offers a yield over 10% with a development opportunity and a potential for a higher income.
The ground floor comprises two new kitchens, utility room, lounge, storage room, shower room, W/C, two large bedrooms both benefitting from built-in wardrobes and one further benefitting from an en-suite.
To the first floor there are six bedrooms all boasting built-in wardrobes and three benefitting from en-suites. There is a potential to add more en-suites. There is a communal shower room and a W/C.
To the second floor there is a large room which has built-in wardrobes and an en-suite.
The property offers ample parking, bike storage and gardens.
AGENTS NOTE - two new kitchens have been installed, a new fire alarm system has been installed, planning for five luxury apartments are available.
FULLY LET INVESTMENT WITH DEVELOPMENT OPPORTUNITUES!
Fully licenced nine bedroom HMO property with a monthly income of £4,305pcm / £51,660 annually and offers a yield over 10% with a development opportunity and a potential for a higher income.
The ground floor comprises two new kitchens, utility room, lounge, storage room, shower room, W/C, two large bedrooms both benefitting from built-in wardrobes and one further benefitting from an en-suite.
To the first floor there are six bedrooms all boasting built-in wardrobes and three benefitting from en-suites. There is a potential to add more en-suites. There is a communal shower room and a W/C.
To the second floor there is a large room which has built-in wardrobes and an en-suite.
The property offers ample parking, bike storage and gardens.
AGENTS NOTE - two new kitchens have been installed, a new fire alarm system has been installed, planning for five luxury apartments are available.
Agent Details
Bairstow Eves
21-23, Silver Street, Lincoln, LN2 1EW
Show Contact Number
01522 620 028
Investment Analysis
Annual Rent:
Annual Mortgage Interest:
Annual Costs:
Calculators
Mortgage Finder
Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required
Similar Properties
A few properties that are similar to this 9 bedroom property. See more properties like this.
£500,000
Lincoln, LN5
Semi Detached
4.8
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.