Summary - 22b Station Road, North Hykeham LN6 9AQ
3 bed 3 bath Apartment
**Standout Features:**
- **Fantastic Investment Opportunity**: Three one-bedroom apartments with tenants in situ.
- **Gross Potential Income**: £20,880 per annum, equating to a solid 5.8% return.
- **Renovated Condition**: Fully refurbished with upgraded wiring, heating, kitchens, and bathrooms.
- **Ample Parking**: Off-street parking for all units.
- **Development Potential**: Large communal grounds offer opportunities for further development (subject to planning permission).
- **Prime Location**: Situated in North Hykeham, within walking distance to local amenities and the train station.
**Summary:**
Seize this outstanding investment opportunity on Station Road in the desirable North Hykeham area of Lincoln. This extended, detached freehold property features three well-maintained one-bedroom apartments, currently generating a promising gross income of £20,880 annually. Reap the benefits of a 5.8% gross return, all while enjoying the conveniences of fully refurbished interiors, including modern kitchens, updated bathrooms, and high levels of insulation and soundproofing.
The property boasts a large plot with ample off-street parking for every apartment and offers exciting potential for further development, subject to planning approval. With vibrant local amenities, excellent schools, and fast broadband nearby, this property is a dream for both investors and future tenants. Don't miss out on this unique opportunity—call today to arrange a viewing before it's gone!
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