About this property

Detailed Description

A seven bedroom student HMO property in the heart of the popular student West End of Lincoln close to the University and within a short walking distance of the city centre. The property has been let since July 2023 and the contract was renewed on the 1st December 2023 at £3,225 pcm which equates to £38,237 per annum based on a 11.5 month contract. The contract is due to expire on the 31st August 2025.

Other

Directions
Enter Lincoln on Carholme Road and proceed until you reach Gresham Street. Proceed to the end of the road and the property and turn left onto West Parade where the property can be found on your right.

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Services
We understand the property offers mains water, electric, gas and main sewer connections.

Extra Info
Please note the roof was replaced in January 2024 and the loft has also had some additonal insulation since the EPC rating was produced.

Tenure & Possession
Freehold subject to the existing tenancy agreement.

Viewing
Strictly by appointment on 01522 504360

Completion date
This lot will be sold with a 10% deposit and up to 8 weeks for completion.

Auction Bidder Identity Check
Prior to bidding on any auction lots we are required to verify the identity of the bidder to comply with The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulation 2017. We also need to complete the remote bidding registration process as this will be a live stream event only. Please contact us on 01522 504360 or cpa@brown-co.com

Solicitors
Tom Price
Chattertons
St Swithins Court
1 Flavian Road
Lincoln
LN2 4GR

01522 541181
tom.price@chattertons.com

Agent
James Mulhall 01522 504360 cpa@brown-co.com