2 bedroom House For Sale

Total Size: 625 SQ FT

Description

Investment Opportunity – 2 Bedroom House with 2 Parking Spaces & Tenant in Situ Approx. 6% Gross Yield

A well presented two bedroom home offering an attractive approx. 6% gross yield, ideal for investors seeking an income producing asset from day one. The property is being sold with a tenant in situ on a periodic tenancy, providing immediate rental income alongside future flexibility. Benefiting from allocated parking, practical living space, and a secure low maintenance garden, this property appeals strongly to long term tenants and professional renters alike.

North Hykeham is situated to the south of the city, benefitting from a range of amenities including schooling of all ages, supermarkets, doctors surgery, shops and much more. Regular bus service operates into Lincoln city centre with road and rail links also nearby.

Please note, the marketing photos used are prior to the tenancy starting.

Investment Opportunity

This property is available for an investment with tenants in situ on a periodic tenancy agreement paying £875pcm.

Entrance Hall (1.49 x 1.91)

Composite front door leading into the hallway with carpet flooring, pendant light fitting, radiator, and useful storage cupboard.

Cloakroom (0.84 x 1.88)

Comprising low level WC, pedestal basin, tiled flooring, front-facing window, radiator, and consumer unit.

Kitchen (2.46 x 1.99)

Fitted with base and eyelevel units, tiled flooring, gas hob with electric oven and extractor above, rear-facing window, and wall mounted CO2 alarm. Ideal heat only boiler housed neatly within a cupboard. Ceiling light fitting installed.

Lounge Diner (4.53 x 3.95)

Spacious and bright living area with carpet flooring, two radiators, two pendant light fittings, rear window, and patio doors opening onto the garden. Stairs leading to the first floor with practical storage space beneath and a fitted smoke alarm.

Landing (1.97 x 1.03)

Carpet flooring, loft hatch access, pendant light fitting, and fitted smoke alarm.

Bedroom (2.47 x 3.93)

Double bedroom with carpet flooring, radiator, pendant light fitting, and fitted wardrobes.

Bathroom (2.01 x 1.79)

Modern suite including low level WC, pedestal basin, chrome ladder-style radiator, globe light fitting, Vortice extractor fan, bath with separate taps and mixer shower above, tiled splash areas, vinyl flooring, and rear-facing window.

Bedroom (2.42 x 3.29)

Well proportioned bedroom featuring carpet flooring, radiator, pendant light fitting, built in wardrobe, and additional storage cupboard housing the water tank.

Outside

Rear Garden
Secure and low maintenance garden mainly laid to lawn with a patio area directly off the living room, pergola feature, shed with fitted security light, outside tap, and gated access leading to the parking area.

Parking
Two allocated parking spaces located to the rear of the property.

Front Aspect
Shared step access to the entrance with both electric and gas meters positioned to the left of the front door, complemented by a neat slate gravelled frontage.

Fixtures & Fittings

Please Note : Items described in these particulars are included in the sale, all other items are specifically excluded. We cannot verify that they are in working order, or fit for their purpose. The buyer is advised to obtain verification from their solicitor or surveyor. Measurements shown in these particulars are approximate and as room guides only. They must not be relied upon or taken as accurate. Purchasers must satisfy themselves in this respect.