Garden Street, Lincolnshire, DN20 8 bed block of apartments for sale

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Garden Street, Lincolnshire, DN20 8 bed block of apartments for sale

Garden Street, Lincolnshire, DN20
£590,000

Price History

Initial price £660,000
06/11/25 £590,000
Price Change -10.61%

Description

This charming block of eight self-contained one-bedroom apartments is a rare find in the DN20 area, boasting a unique cottage-style design with a private courtyard. The property has undergone significant refurbishment, with new kitchens, shower rooms, electrics, lighting, and decoration completed throughout, except for one apartment that still requires a kitchen installation and seven that need flooring. The external grounds also require clearing. Once complete, the apartments will provide modern, ready-to-let accommodation, perfectly suited to meet the strong local demand. With excellent transport links and proximity to local amenities, the block has the potential to achieve a total rental income of £62,400-£67,200 per annum, making it a genuine turnkey investment project with strong rental yields and future capital appreciation.