Our Summary

• Presenting an outstanding investment opportunity, this centrally located and spacious HMO property at 32 Broadgate offers an ideal prospect for investors seeking a property with potential to develop, increase rental income and returns with the option to refinance minimising capital left in and vastly improving the return on investment
• As the property offers a good cashflow and return as it stands it is not essential to initiate the development element straight away - this can be done at a later date, reducing the need for the works costs on day one
• 9%, the property offers huge potential to increase these returns further by some minor improvements to the existing property and by converting a section that is currently unused
• The property is a Sui Generis HMO under planning use classification, properties require planning permission to be converted from residential C3 use class to Sui Generis, or they require 10 years of continuous use in that class to be given the right to continue to use them as such
• Do not miss the chance to view this impressive and well-positioned property - book a viewing today and discover the full potential of 32 Broadgate, all while experiencing the charm of Lincoln's history and breathtaking architecture
• Huge Development Opportunity
• Outstanding Investment Opportunity
• Potential to Add 1 Bedroom Apartment & 2 Bedroom Apartment