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Outside, front of house
Kitchen
Kitchen
Dining room
Fron hallway
Reception room
Reception room
bedroom
Bathroom
Bedroom 2
Bedroom 3
Bedroom 4
Outside, back garden
Outside, driveway
EPC
Sold STC
1 of 15

An exceptional investment opportunity currently let to a specialist housing provider on a 10 yr FRI lease

£280,000
Bungalow
VES-LN6-010

Features


USE
Residential

TENURE
Freehold

PRICE
£280,000

RENT PER ANNUM
£27,220

GROSS YIELD
9.7%

4 bedrooms

2 bathrooms

1 reception room

1,215

Unfurnished

Tenanted

It serves as a great hands-off and hassle free investment, whilst generating a good and stable yield.

Vesta have not visited the property and the materials have been provided by the vendor.

Tenancy


RENT PER ANNUM
£27,220

TENANCY DEPOSIT
£0

TENANCY TYPE
FRI Lease

TENANCY AGREEMENT STARTED
over 3 years ago

TENANCY AGREEMENT ENDS
5/22/2025

Documents available on request, please contact for viewings or further questions.

The information relating to the property is supplied by the vendor and the latest available at the date of listing.

Certain information may expire or become inaccurate over time and should be verified by the purchaser’s solicitor.


About Lincoln, East Midlands

Lincoln is a cathedral city and county town of Lincolnshire in the East Midlands. Lincoln is 27.3 miles south of Scunthorpe and 39 miles north-east of Nottingham.

The city of Lincoln is serviced by one main train station Lincoln Central and fortunately this property is around a 20-minute stroll away. The Majority of the services are operated by East Midlands Trains, along side a few owned by Northern and London North Eastern Railway. East Midlands Trains operates regular services to other major cities in the Midlands such as Nottingham, Doncaster, Peterborough and Sheffield, and one service a day to London St Pancras. There is also one service a day to London King’s Cross that is operated by London North Eastern Railway.

Lincoln is historically known as a tourist attraction due to its numerous historical buildings such as the cathedral, Castle and Medieval Bishop’s Palace. This property is located in the centre of town and so is in walking distance of all these sights as well as other cultural attractions like the Museum of Lincolnshire Life and the Usher Gallery. Around the River Witham that runs through the centre of town is the shopping hub of the city. The Waterside shopping centre provides the main bulk of retail options in the area, and a short hop over the High Bridge takes you to the High Street which has other retail options to satisfy one’s commercial needs. This area is also rich in a number of bars and restaurants that have a variety of dining options.

The city of Lincoln is home to many great employers that are constantly recruiting for new roles. Big employers such as Anglian Water, the Royal Air force, Danwood Group, Siemens and Fairfax management consultants. A short hour journey on the train shall deliver you in to the heart of Nottingham which has a vast array of jobs on offer also.

Lincoln is also home to two Universities, the most established being the University of Lincoln.

Old Pond Close,

Lincoln,

Lincolnshire,

England,

LN6 0LD


Performance

GROSS RENTAL YIELD
9.7%
RENT PER ANNUM
£27,220
HPI GROWTH (5 YRS)
24.6%

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