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£160,000

Coulson Road, Lincoln, LN6

  • 3 beds
Terraced house

£160,000

  • 3 beds
Terraced house
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Estimate monthly mortgage payment:

£730 per month

Minimum deposit amount:

£8,000
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An exceptional investment opportunity awaits with this spacious 3-bedroom House in Multiple Occupation (H.M.O.), situated in a prime location close to city centre amenities. This property boasts a Certificate of Lawfulness, ensuring full compliance and peace of mind for potential investors.

Previously generating an impressive ?15,000 per annum, this mid-terrace house is in good condition, ready for immediate occupancy or rental. The layout includes three well-proportioned bedrooms, a communal living area, a modern kitchen, and a bathroom, making it an attractive option for tenants.

Whether you are an experienced investor looking to expand your portfolio or a newcomer seeking a reliable income stream, this property is a must-see. Don't miss out on this fantastic opportunity to secure a profitable and well-located H.M.O. Contact us today to arrange a viewing!

The property is fully double glazed and has a gas fired central heating system. Please note that there was a new boiler installed the property in January 2024.

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Council tax band: A, Tenure: Freehold, EPC rating: D Rooms Entrance Hall - Stairs leading to first floor landing, and side entrance door leading shared passage. Communal Lounge-diner - Laminate wood flooring, radiator, double glazed window to rear aspect, coving to ceiling, and under stairs storage cupboard. Fitted Kitchen - Range of fitted base and wall units with contrasting roll edge work surfaces, single stainless steel sink unit, space for cooker, space and plumbing for washing machine, space for fridge freezer, radiator, laminate wood flooring, tiled splash backs, coving to ceiling, double glazed window to rear aspect, and double glazed rear entrance door. Ground Floor Bedroom 3 - Double glazed window to front aspect, coving to ceiling, and radiator. Landing - Access to roof space. Bedroom 1 - Double glazed window to front aspect, and radiator. Bedroom 2 - Double glazed window to rear aspect, and radiator. Family Bathroom - Fitted suite comprising, panelled bath with shower over, pedestal wash hand basin, and low level WC. There are tiled splash backs, laminate wood flooring, double glazed window to rear aspect, extractor fan, radiator, and built-in cupboard. Outside - Enclosed Rear Garden - The rear garden offers great potential, providing a great area for relaxation or entertaining.
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Your estimated purchase costs

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Stamp Duty tax
These figures are estimates and are provided for guidance only
£0
Mortgage and legal costs:
£999
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