Nelthorpe Street, Lincoln, LN5

A five bedroom, two bathroom buy to let property, currently producing £2,422 per calendar month (£29,064 per annum). Let as a student house share, the property has been fully let each year and is offered for sale with tenancies in place.

The house has established use within Class C4 and holds an HMO licence. Copies of historic tenancies are held, and Taylor Ross is applying for a Certificate of Lawful Use to confirm this. EPC rating C.

On the ground floor is a living room with window to the rear and a long galley kitchen with a door to the rear garden, leading through to a a bedroom with WC. The first floor benefits from an en-suite bedroom, three further bedrooms and a second bathroom with shower, wash basin and WC. Each of the five bedrooms is furnished with a bed, wardrobe, chest of drawers, desk and chair.

The property is a 10 minute walk from both the University of Lincoln campus and the city centre, putting lectures, shops and the city's amenities within easy reach for tenants. On-street parking is within a residents' parking zone, with permits available to residents.

An income-producing asset suited to both portfolio landlords and first-time investors. Viewings strictly by appointment with Taylor Ross.

Kitchen

4.29m x 2.3m

A long galley kitchen with a door giving direct access to the rear yard.

Hallway

A hallway running from the front of the property through to the rear, with access into the house.

Bedroom Five

3.62m x 2.29m

Rear facing bedroom furnished with a bed, wardrobe, chest of drawers, desk and chair. With its own WC.

Bedroom Five WC

WC with toilet, basin and window.

Bedroom Four

4.19m x 3.87m

Well proportioned bedroom with a bed, wardrobe, chest of drawers, desk and chair.

Living Room

3.87m x 3.64m

A living room with a window to the rear, open through to the kitchen, with an understairs storage cupboard.

Bedroom Three

3.52m x 2.64m

Well proportioned front facing bedroom with a bed, wardrobe, chest of drawers, desk and chair.

Bedroom Two

4.44m x 2.13m

Well proportioned bedroom with a bed, wardrobe, chest of drawers, desk and chair.

Bathroom

A first floor bathroom fitted with a shower, wash basin and toilet.

Bedroom One

3.38m x 2.94m

A well proportioned bedroom furnished with a bed, wardrobe, chest of drawers, desk and chair, with its own en suite shower room comprising shower, wash basin and WC.

Bedroom One En-Suite

En-suite shower room comprising shower, wash basin and WC.

Garden

To the rear is a low maintenance yard with a seating area, accessed directly from the kitchen and providing outdoor space for tenants with minimal upkeep.

Disclaimer

These particulars are intended as a general guide only and do not constitute any part of an offer or contract. All information, measurements and descriptions are provided in good faith but should not be relied upon as statements of fact. Taylor Ross has not tested any services, appliances or equipment. Buyers and tenants are advised to carry out their own inspections and seek independent legal advice before proceeding.