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Investment For Sale, Lincoln

Investment in Lincoln
Investment in Lincoln
Investment in Lincoln
Investment in Lincoln
£800,000 Freehold

Residential Investment,167 Carholme Road, Lincoln, LN1 1RU

Type Investment
Status Available
Size 4,241 sq ft

Key Features

  • 8 apartments on the edge of Lincoln
  • Private landscaped grounds
  • 8.5% NIY after purchasers costs
  • Close to Lincoln City Centre and Lincoln University

Property Details

The Property Comprises A Substantial Detached Former Care Home, Which Was Converted Over 20 Years Ago Into 8 Self-contained Flats.

The Original Two Storey Building Containing 5 Of The Flats, Is Constructed In Solid Brickwork Under A Pitched Slate Roof. This Was Extended To The Rear, Prior To The Conversion, With This Extension Accommodating The Remaining 3 Residential Units. This Single/part Two Storey Extension Is Constructed In Cavity Brickwork Under A Predominantly Flat Grp Covered/partially Pitched Slate Clad Roof.

The Property Sits Within Private Landscaped Grounds, With Driveway Access Off Carholme Road Leading To A Tarmac Surfaced Car Park To The Rear, Providing Parking For 8 Vehicles - One For Each Flat. There Is A Single Storey Detached Garage Adjacent To The Car Parking Area, Which Accommodates A Bike Store And Laundry Room. There Is Further Parking Space In Front Of This Building.

Internally, The Property Is Laid Out To Provide 5 Ground Floor Apartments, With The Remaining 3 Apartments Found On The First Floor, With 2 Of These Accessed From The Main Internal Staircase And The Other From An External Staircase On The Side Of The Property.

The Apartments Are Finished Off To A Good Standard, Each With Painted Plaster Walls And Ceilings And Solid Floors Overlaid In A Mix Of Carpet, Tiles And Lino. The Majority Of The Apartments Are One Bedroom, With Two Of The Apartments Having Two Bedrooms.
Eddisons; Lincoln
Eddisons; Lincoln View all properties
Investment For Sale, Lincoln
£800,000 Freehold

Residential Investment,167 Carholme Road, Lincoln, LN1 1RU

Investment · Available · 4,241 sq ft

Property ID: 153852

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Eddisons; Lincoln
Eddisons; Lincoln View all properties

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Eddisons; Lincoln
Eddisons; Lincoln

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