Lime Living
Lettings 01246 275 559
Sales 01246 380 338
Sheffield 0114 438 9331
  See more properties for sale

Bargate, Lincoln, Lincoln

For Sale - OIRO £185,000

Bargate, Lincoln - Picture 1Bargate, Lincoln - Picture 2Bargate, Lincoln - Picture 3

 5 Bedrooms      2 Bathrooms       1 Reception

 Houses - Freehold

 3 Photos

 Lincoln

  Request viewing   Request callback   Mortgage request   EPC   Street view   Location map   Send to Friend   Print

Key Features

  • 5/6 Bed HMO
  • Close to City Centre
  • Well Placed for the University
  • GCH, uPVC DG
  • Lounge
  • Modern Kitchen
  • Five/Six Bedroom
  • Bathroom
  • Rear Garden
  • Investment Opportunity!

Summary

A two Storey five/six-bedroom HMO end terraced investment property located off the High St well placed for local, city amenities and university in an established residential and popular rental area. Excellent opportunity for established or first-time investor. The property features gas central heating system,Upvc double glazing, modern kitchen & bathroom areas and briefly comprises Ground floor-Hall,lounge,kitchen, bathroom, bed 1, First floor, three bedrooms, bathroom, second floor two bedrooms. Outside enclosed rear yard, outbuildings.

Current rental income £17,100.. a subject to anticipated review to £18480 p.a with scope for further increase of unused bedrooms.


Full Description

Location
Bargate is an established residential and popular rental area located off the high street and well placed for local amenities city centre, university and South Park. The property is easily found when leaving the city along High Street B1262; continue towards South Parade and prior to St Catherine’s roundabout turn right onto Bargate where the property will be found on the right-hand side at the junction with Sidney Street.

Bedroom 4.14m (13' 7") x 3.41m (11' 2")
Sitting Room 4.15m (13' 7") x 3.39m (11' 1")
Kitchen 4.07m (13' 4") x 2.39m (7' 10")
Bathroom 2.19m (7' 2") x 1.65m (5' 5")
Bedroom 2.19m (7' 2") x 1.65m (5' 5")
Bedroom 4.08m (13' 5") x 2.93m (9' 7")
Bedroom 2.90m (9' 6") x 2.90m (9' 6")
Bathroom 2.02m (6' 8") x 1.16m (3' 10")
Bedroom 4.10m (13' 5") x 2.65m (8' 8")
Bedroom 4.11m (13' 6") x 2.64m (8' 8")
Outside
Enclosed rear yard and outbuilding providing useful storage.

Agents Note
These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither Lime Living Estate Agents, our partners nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.

Viewing
By appointment only and please contact our partner Agents:

Silcock & Partners,
Andrew Silcock, FRICS
01777 717559

07540 578530
info@silcockandpartners.co.uk

Reference: LIM1001481

Tenant Fees

In addition to paying rent for the property, you may also be required to make the following permitted payments:

Before the tenancy starts:

Holding Deposit: 1 week’s rent; This is to reserve a property. Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).

and/or

Deposit: 5 weeks rent (or in the case of rental income of more than £50,000 per annum 6 weeks rent).

During the tenancy:

Payments to other third parties: such as Council Tax, utilities or payments for communications services;

Default Charges: such as payments for the replacement of lost keys or interest on overdue rent; and

Tenancy Transaction Charges: such as requests to vary or assign the tenancy.

Early Termination (Tenant¿s Request) Should the tenant wish to leave their contract early, they shall be liable to the landlord¿s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.

Tenant Protection

Lime Living is a member of UKALA, which is a client money protection scheme, and also a member of Property Redress Scheme (PRS), which is a redress scheme. You can find out more details by contacting our office 01246 275559 or info@limeliving.co.uk.

Disclaimer

These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.

Contact Lime Living for more details

 Unit 11, The Glass Yard, Chesterfield, S41 8LF    |     01246 275559   |    info@limeliving.co.uk


Properties you have recently viewed

Portals