Summary - Apartment 12 Fitzwilliam Place, 13, High Street, LINCOLN LN5 8BG
1 bed 1 bath Flat
**Standout Features:**
- **Investment Opportunity:** Currently let to a student at £635pcm, offering a strong yield of **16.9%.**
- **Location:** In the heart of Lincoln with excellent access to the city center and diverse amenities.
- **Modern Design:** Contemporary finishes and open-plan layout, fully furnished with integrated appliances.
- **Accessibility:** Secured access and ample storage options.
**Potential Concerns:**
- **Tenure Type:** Leasehold property with service charges (£900) and ground rent (£300) applicable.
- **Crime Rate:** Located in a neighborhood with a very high crime rate, which may be a consideration for personal security.
- **Market Context:** Situated in a historically deprived area classified as a transitional neighborhood.
**Summary Description:**
This stylish one-bedroom studio apartment in Lincoln presents a prime opportunity for cash buyers seeking a solid investment. Offering an attractive yield of 16.9% from a current tenant, this apartment features an open-plan living space, modern furnishings, and integrated appliances, making it ideal for students or young professionals. With secured access, ample storage, and an abundance of local amenities at your doorstep, you'll enjoy the convenience of urban living.
However, investors should remain mindful of the monthly service charges and the surrounding area's high crime rate. The property benefits from excellent broadband speeds and offers flexibility for personal style adaptations or future renovations. Don’t miss out on this unique investment opportunity—properties like this won’t last long in today’s market!
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