Summary - Flat 4, 42, Clasketgate LN2 1JZ
1 bed 1 bath Flat
**Key Features:**
- City Centre Location
- 1 Bedroom Apartment (306 sq ft)
- Open Plan Living Area with Integrated Kitchen
- 3 Piece Bathroom Suite
- Tenants In Situ (Gross Yield: 8.38% or £7,800pa)
- 125 Years Remaining on Lease
- Low Service Charge (£500)
- Close Proximity to University of Lincoln and Lincoln County Hospital
- Excellent Mobile Signal
Located in the heart of bustling Lincoln, this charming second-floor apartment presents a lucrative investment opportunity with a strong gross yield of 8.38%. The open-plan living space is bright and modern, accentuated by a large bay window that provides a welcoming view of Clasketgate, the city's vibrant retail and dining hub. This one-bedroom flat is ideal for buy-to-let investors or those looking to enjoy the dynamic atmosphere of city living.
While the property is compact and may require some modernization, its solid brick structure offers renovation potential. With a low annual service charge and affordable council tax, expenses are kept to a minimum, enhancing its appeal to potential tenants, including students and young professionals.
Although the apartment does present challenges with very slow broadband speeds and a high crime rate in the vicinity, its prime location ensures that you’re steps away from eateries, cultural attractions, and essential services. Don't miss the chance to secure this investment in a cosmopolitan student neighborhood—properties like this don’t stay on the market for long!
1 bedroom apartment for sale in Grantavon House, Brayford Wharf East, Lincoln, LN5 — £84,950 • 1 bed • 1 bath • 402 ft²
1 bedroom flat for sale in Clasketgate, Lincoln, LN2 1JZ, LN2 — £109,950 • 1 bed • 1 bath • 511 ft²
2 bedroom apartment for sale in Grantavon House, Brayford Wharf East, Lincoln, LN5 — £89,950 • 2 bed • 1 bath • 520 ft²
1 bedroom apartment for sale in Grantavon House, Brayford Wharf East, LN5 — £99,950 • 1 bed • 1 bath • 402 ft²
2 bedroom apartment for sale in Grantavon House, Brayford Wharf East, Lincoln, LN5 — £89,950 • 2 bed • 1 bath • 500 ft²
2 bedroom flat for sale in Hermit Street, Lincoln, LN5 — £110,000 • 2 bed • 1 bath • 487 ft²
