superb residential investment opportunity comprising Four Luxury apartments We are delighted to offer for sale this unique opportunity to purchase a most impressive Victorian residence which has been cleverly converted into four luxury apartments varying in sizes. All four apartments have, until recently, successfully operated as 'boutique' holiday lets, generating a healthy income and having their own dedicated holiday let website, which could, potentially, be transferred to the Purchaser. Further details are available on request. The property also benefits from a double garage and is located adjacent to Lincoln Minster School, within the historic Cathedral Quarter of Lincoln, close to the Cathedral, Castle and Bailgate retail area, all popular with tourists, where an excellent range of independent boutiques, eateries and bars can be found.
- Asking Price:
- £1,250,000
- Turnover:
- Not applicable
- Net Profit:
- Not applicable
Property Information
- Property:
-
Freehold
- Living Accommodation:
-
The four apartments are described in further detail below:
Ground Floor Apartment 1
Approx. 129.2 sq. m. (1,390 sq. ft.)
This property comprises the largest of the four apartments, having a private and grand entrance hall directly accessed from Upper Lindum Street, a fully equipped kitchen, three bedrooms with an en-suite shower room off one the bedrooms, and a separate bathroom/WC combined. There is also access to a basement storage area, which provides potential for further accommodation if required.FIRST FLOOR APARTMENTS 2 AND 3
Apartment 2: Approx. 41.7 sq. m. (449 sq. ft.)
Apartment 3 is approximately 69 sq. m. (742 sq. ft.)
Apartment 2 comprises a living room/kitchen, bedroom and en-suite shower room, whereas Apartment 3 is slightly larger, comprising a living room with separate kitchen, bedroom and shower room/WC.Second Floor Apartment 4
Approx. 58.6 sq. m. (630 sq. ft.)
This property comprises a living room, separate kitchen, bedroom and shower room/WC.The floor plans contained within our marketing show the layout, configuration and floor areas of all four apartments.
Externally, the property benefits from an extensive lawned garden frontage. To the rear is a detached double garage providing off-road parking.
- Location:
-
Upper Lindum Street is located directly off Wragby Road (A1434) and leads to Lindum Terrace, situated immediately adjacent to Lincoln Minster Senior School, located just 300 meters east of Lincoln Cathedral and within half a mile of the Castle and Bailgate, both located to the west. Lincoln City Center is located approximately half a mile to the south-west.
The property is also in close proximity to Lincoln County Hospital.
The University City of Lincoln has a population of around 130,000 residents and is a vibrant city that, in addition to its rich cultural history, has a rapidly growing university with an excellent range of facilities, resulting in Lincoln being a popular tourist destination and an enviable place to live.
- Premises Details:
-
Prestigious Residential Investment Property For Sale: A Superb residential investment opportunity comprising Four Luxury apartments We are delighted to offer for sale this unique opportunity to purchase a most impressive Victorian residence which has been cleverly converted into four luxury apartments varying in sizes. All four apartments have, until recently, successfully operated as 'boutique' holiday lets, generating a healthy income and having their own dedicated holiday let website, which could, potentially, be transferred to the Purchaser. Further details are available on request. The property also benefits from a double garage and is located adjacent to Lincoln Minster School, within the historic Cathedral Quarter of Lincoln, close to the Cathedral, Castle and Bailgate retail area, all popular with tourists, where an excellent range of independent boutiques, eateries and bars can be found.
- Energy Performance Rating:
- C
