Property description
Looking for that solid investment opportunity? Look no further! 12.9% yield, £14,820 per year. Fully tenanted before completion. Recently refurbished to good standard, three self contained flats, each with living area, kitchen & bathroom & further communal area. Fire doors, fire and smoke alarms, fire blankets & emergency lighting fitted. Tenants pay own bills excluding council tax & water rates. Carpeted or tiled throughout. Close to town and rail links.
Access Access is gained from the street via the part double-glazed front door into communal living space
Communal Area 14'10\" by 10'0\" (4m 52cm x 3m 5cm) into chimney recess
Double-glazed window to front aspect
Oil filled heater
Double built in storage cupboard & further storage cupboards
Fully carpeted
Fire door to vestibule
Ground floor flat living area 14'9\" by 9'10\" (4m 50cm x 3m 0cm) into recess
Double-glazed window to rear aspect
Under stairs storage cupboard & two further double fitted storage cupboards
Oil filled heater
Fire alarm & smoke detector
Fully carpeted
Door to kitchen
Ground floor kitchen 11'6\" by 4'6\" (3m 51cm x 1m 37cm)
Galley style kitchen
Two double base unit, one with inset stainless steel sink & drainer, rolled edge worktop, tiled splashbacks
Space and plumbing for washing machine, fridge and cooker
Oil filled heater
Two double glazed windows to side aspect
Ceramic tiled floor
Door to rear garden
Door to shower room
Ground floor shower room 5'0\" by 4'6\" (1m 52cm x 1m 37cm)
Fitted with a shower cabinet, electric shower
Fully tiled elevations
Sink & WC
Extractor fan
Oil filled heater
Opaque double-glazed window to side-aspect
Ceramic tiled floor
Vestibule Staircase rise to second floor accommodation, fully carpeted
Emergency lighting
Smoke & fire alarm
Doors to ground floor accommodation
Second floor flat living area 14'1\" by 9'11\" (4m 29cm x 3m 2cm) into chimney recess
Double-glazed window to front aspect
Oil filled heater
Smoke & fire alarm
Fully carpeted
Second floor kitchen 11'6\" by 4'6\" (3m 51cm x 1m 37cm) into recess
Double base unit with inset sink, tiled splashback
Worktop with uder plumbing and space for washing machine & fridge
Electric cooker
Oil filled heater
Fully carpeted
Door to bathroom
Second floor bathroom 6'4\" by 5'0\" (1m 93cm x 1m 52cm)
Fitted with white three piece suite, comprising bath, sink & WC, white tiled splashbacks
Oil filled heater
Fully carpeted
Opaque double-glazed window to rear aspect
Landing Staircase rise to third floor accommodation
Emergency lighting
Fire & smoke alarm
Fully carpeted
Third floor flat living area 14'1\" by 9'11\" (4m 29cm x 3m 2cm) into recess
Double-glazed window to front aspect
Smoke & fire alarm
Oil filled heater
Fully carpeted
Door to Kitchen
Third floor kitchen 9'10\" by 7'3\" (3m 0cm x 2m 21cm) overall max measurements
Double base unit with inset sink, further double base unit
Space and plumbing for washing machine
Fridge freezer
Smoke & fire alarm
Oil filled heater
Ceramic tiled floor
Door to bathroom
Third floor flat bathroom 9'11\" by 0'0\" (3m 2cm x 0m 0cm) overall amx measurement
Fitted with a white three piece suite, comprising bath with mixer shower attachment, sink & WC
Oil filled heater
Extractor fan
Double-glazed window to rear aspect
Ceramic tiled floor
Outside Rear courtyard garden
Access from rear of property
Agents Notes Only the fixtures, fittings & other items specifically described in these details are included in the selling price. We have not checked they are fit for purpose nor have we tested any of the services or appliances (e.g. gas, electricity, water, etc.) mentioned. You will need to do these checks and tests yourself if you decide to buy the property. Dimensions are provided as a guide and therefore should not be relied upon and do not form any contract of sale.
These particulars whilst believed to be accurate are set out as a general guideline only and do not constitute any part of offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property.
Connected Person/s The vendor is an associated employee of Reality Estates
Local Authority - Nth Kesteven North Kesteven District Council
The North Kesteven Centre
Moor Lane
North Hykeham
Lincoln
Lincolnshire
LN6 9AX
Tel: 01522 697900
Council Tax You are advised to contact the local authority for details.
Mortgage advice NEED A MORTGAGE: We offer independent mortgage and financial advice, please contact a member of staff to arrange an appointment.
Valuations If you are considering selling, we would be happy to advise of the value of your property with no obligation.
Property Features :
- EXCELLENT INVESTMENT OPPORTUNITY
- 12.9% yield, �14,820 per year
- Three self contained flats
- Fully tenanted before completion
- Fire doors, smoke & fire alarms, emergency lights