RESIDENTIAL INVESTMENT OPPORTUNITY | MULTI-UNIT FREEHOLD BLOCK COMPRISING 6 SELF-CONTAINED APARTMENTS CONSTRUCTED IN 2020| Situated within grounds extending to circa 0.61 acres (0.25 ha) | Sought after village location with excellent access to A46, A15 and the City Centre | All 6 apartments occupied producing a gross income of £63,600 pa | Estimated Market Rental Value: £69,000 pa | Each apartment benefits from the remainder of a 10 year structural warranty | Guide price upon application
- Ref: 2078255
- Tenure: Freehold
- Types: Residential Investment
- Size: 3,936 sq ft
- Freehold: £900,000 - 1,000,000 for the freehold
Key Features
-
RESIDENTIAL INVESTMENT OPPORTUNITY
-
Freehold Multi-Unit Block - 6 Self-Contained Apartments
-
Contructed 2020 (with 10 year structural warranties)
-
Total GIA of 3,936 sq ft (365.88 sq m)
-
Situated within grounds extending to circa 0.61 acres
-
Currently producing gross income of £63,600 per annum
-
Estimated market rental value of £69,000 per annum
-
Excellent access to A46, A15 and the City Centre
-
Freehold for sale subject to existing tenancies
Location
8-12a Alabala Close, Washingborough, Lincoln LN4 1SD
Washingborough is a well-connected and thriving village situated approximately 3 miles east of Lincoln city centre, offering a strategic location for residential investment. The village benefits from strong local demand, driven by its proximity to Lincoln's employment hubs, universities, and transport links, while retaining the appeal of a semi-rural setting.
Data Room
Additional Info
Get in touch
Email me direct
To: