7 bedroom block of apartments for sale

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7 bedroom block of apartments for sale

Flats 1-7, 9 Bank Street, Lincoln, Lincolnshire
£800,000

Price History

Initial price £850,000
02/11/24 £800,000
Price Change -5.88%

Description

This luxurious HMO property, located in Lincoln, comprises seven self-contained flats, each uniquely themed and developed by renowned architects Wilson Architects and Attie Homes Ltd. The property has been extensively refurbished and delivers an annual gross income of £83,499.96, with a robust financial performance. The location is ideal for tenants, with proximity to major employers, top educational institutions, healthcare facilities, and historic sites. The property features modern amenities, high-speed broadband, and strong mobile network coverage, making it attractive to students and young professionals. With a gross yield of 10.44%, this property offers substantial income potential and efficient operational management, making it a highly attractive investment opportunity.