6 Bed Terraced House For Sale Carholme Road, Lincoln, LN1

£315,000- Terraced

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Last Updated: 27th March 2024

Description

A SUBSTANTIAL SIX BEDROOM HMO PRODUCING IMMEDIATE INCOME!\r
ALREADY LET FOR THE UPCOMING 2024/25 ACADEMIC YEAR!\r
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Mr Investa are pleased to bring to the market this fantastic buy-to-let investment opportunity located close to the University of Lincoln & the city centre.\r
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Confirmed income for the 2024/25 academic year is £30,294 which would provide an investor with a yield of 9.6%.\r
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A convenient and popular location, close to Lincoln City Centre and University of Lincoln whereby students benefit from having a variety of amenities nearby including a Sainsbury’s Local, Co-Op, ODEON cinema and a number of bars/restaurants. The west end attracts many students' year on year therefore making this property an attractive investment.\r
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Each bedroom includes a double bed, desk, chair, wardrobe and chest of drawers. The property also has a large open plan living space, modern kitchen and two shower rooms.\r
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NOTE TO PURCHASERS: Whilst all Information is believed to be correct, the information is provided via the seller and should always be check via yourself or legal representative. Mr Investa LTD does not accept any responsibility in respect of this information provided.
Agent Details
Mr Investa Ltd
Mr Investa, Blue Tower, MediaCityUK, M50 2ST

Investment Analysis

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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.
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This is the potential achievable yield.
Potential Return-on-Cash Invested