3 bedroom apartment for sale

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3 bedroom apartment for sale

Station Road, North Hykeham, Lincoln
£330,000

Price History

Initial price £360,000
07/09/24 £330,000
Price Change -8.33%

Description

This fantastic investment opportunity on Station Road in North Hykeham, Lincoln, offers a gross income of £20,800 per annum from three one-bedroom apartments with tenants in situ. The detached freehold property has been comprehensively refurbished and extended, featuring modern amenities including wiring, heating, kitchens, bathrooms, windows, doors, and high levels of insulation and soundproofing. Located within walking distance of North Hykeham train station and a range of amenities, this property presents a healthy 5.8% gross return per annum, making it an attractive investment opportunity for anyone looking to generate a steady income.