1 bedroom flat for sale

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1 bedroom flat for sale

Clasketgate, Lincoln LN2
£93,000

Our Summary

  • Lincoln City Centre Investment Opportunity with a 8
  • With a proven track record of consistent tenancies, this spacious 1 bedroom apartment is an ideal buy to let or alternatively has potential for those with interests in serviced accommodation or city centre living

Description

This 1-bedroom apartment in Lincoln city centre offers a lucrative investment opportunity with a gross yield of 8.38% per annum or £7,800 per annum. The property has a proven track record of consistent tenancies and is suitable for buy-to-let investors or those interested in serviced accommodation or city centre living. The spacious apartment features a double bedroom, 3-piece bathroom suite, and an open-plan living area with a fitted kitchen. With a large period bay window overlooking Clasketgate, the property benefits from low service charges and ground rent, a 125-year lease, and is within walking distance to the University of Lincoln and Lincoln County Hospital. With its central location and excellent rental returns, this property presents a compelling investment opportunity.