Aldergrove Crescent, Lincoln LN6 1 bed flat for sale

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Aldergrove Crescent, Lincoln LN6 1 bed flat for sale

Aldergrove Crescent, Lincoln LN6
£71,000

Price History

Initial price £85,000
16/11/24 £80,000
24/11/24 £77,000
29/11/24 £75,000
14/12/24 £73,000
20/12/24 £71,000
02/01/25 £69,000
10/01/25 £75,000
16/01/25 £73,000
30/01/25 £71,000
Price Change -16.47%

Description

This 1-bedroom flat in Lincoln is a fantastic investment opportunity, currently generating an annual gross income of £6,600 and offering potential for growth to a market rate of £7,596 with long-term tenants already in place. The property is well-maintained and features a lounge, kitchen, and bathroom, making it a worthwhile addition to an investor's portfolio. The current tenants, who have been living in the property for several years, have consistently paid their rent and have no intention of moving out, providing a stable and reliable income stream for the new owner. With a Let Property Pack available for further details, this is an attractive opportunity for investors looking to expand their portfolio.