8-12a Alabala Close, Washingborough, Lincoln LN4 1SD

For Sale

Residential Investment, Lincoln, LN4


8-12a Alabala Close
Washingborough
Lincoln LN4 1SD

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


8-12a Alabala Close, Washingborough, Lincoln LN4 1SD
  • 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.

Additional Info

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