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3 bedroom apartment for sale
Station Road, North Hykeham, Lincoln
£299,950
Station Road, North Hykeham, Lincoln
£299,950
Price History
Initial price | £360,000 |
07/09/24 | £330,000 |
22/01/25 | £299,950 |
Price Change | -16.68% |
Description
This detached freehold property on Station Road in North Hykeham, Lincoln, offers a fantastic investment opportunity with a gross potential income of £20,800 per annum. The three one-bedroom apartments, which have tenants in situ, have been comprehensively refurbished and extended to include modern amenities such as wiring, heating, kitchens, bathrooms, windows, and doors. With a healthy 5.8% gross return per annum, this property presents a lucrative opportunity for investors. Located within walking distance of North Hykeham train station and a variety of amenities, this property is a great find for anyone looking to generate a steady income with minimal effort.