Summary - Flat 8, 50 Clasketgate LN2 1JZ
1 bed 1 bath Flat
**Standout Features:**
- 1 Bedroom city centre apartment
- 511 sq. ft. with open plan living and fitted kitchen
- En-suite shower room
- Current rental return of £6,900 per annum (6.25% gross yield)
- No onward chain with a proven rental history
**Concerns:**
- High crime rate in the local area
- Very slow broadband speeds
- Deprived area classification
Discover a prime investment opportunity in this spacious 1-bedroom flat located in the heart of Lincoln's vibrant city centre. Spanning 511 sq. ft., this apartment features an inviting open-plan living area with a modern, compact kitchen, perfect for city dwellers. The bedroom boasts an en-suite shower room, adding convenience and comfort. Currently tenanted with a strong rental yield of 6.25%, this property presents an attractive option for investors seeking guaranteed income without the headache of a lengthy chain.
While the property is well-positioned for accessing local amenities—including shops, cafes, and cultural venues—it’s important to note that the surrounding area has a high crime rate and very slow broadband speeds, which may impact how you experience city living. Nevertheless, with schools nearby and an affordable council tax, this flat offers a unique blend of urban lifestyle and potential. Act swiftly to explore this exclusive opportunity!
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