3 bedroom apartment for sale

>

3 bedroom apartment for sale

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.