6 bed flat

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6 bed flat

Brayford Wharf East, Lincoln LN5
£280,000

Price History

Initial price £310,000
31/07/25 £295,000
29/08/25 £280,000
Price Change -9.68%

Description

This fully let six-bedroom en-suite apartment in The Junxion, Lincoln, is being sold via Secure Sale online bidding with a starting bid of £280,000. The property is located just a minute's walk from the University of Lincoln and Students' Union, making it a high-yield, hands-off investment opportunity. The apartment features six fully furnished bedrooms, each with a 3/4 bed, study area, storage, TV point, electric radiator, and private en-suite shower room, as well as a spacious communal lounge/kitchen/diner with a modern kitchen and shared on-site amenities. The property is currently generating £37,440 per annum and is fully managed by Mezzino, who handle all aspects of the property, including rent collection, maintenance, and bills. The 200-year lease from 2004 includes a ground rent of £1 per annum and a service charge of £16,961.31 for 2024/2025, which covers all outgoings.