Reserve

Bargate Apartment Block

AVAILABLE
Bargate Lincoln LN5 8BU
Starting £800,000

Overview

ClicPad are pleased to offer this 4 x 1 bedroom apartment block, sold fully turnkey with a 5-year specialist care

contract in place with Allerton


Lincoln, UK, emerges as a highly enticing destination for potential investors, boasting an array of advantageous factors that contribute to its economic appeal.


Firstly, its strategic location in the heart of the East Midlands ensures excellent connectivity, with easy access to major

cities and robust transportation links. The presence of the esteemed University of Lincoln and other educational institutions

fosters a highly skilled workforce, driving productivity and innovation across diverse industries.


Lincoln boasts a diverse economy that spans manufacturing, retail, education, healthcare, and shows promising potential

in technology and creative sectors. Furthermore, the city's local governance actively supports businesses, offering an

encouraging environment for investment. The overall affordability of living and operating costs in Lincoln bolsters its

appeal for entrepreneurs seeking sustainable growth. With steady economic expansion and an attractive quality of life,

Lincoln stands as a compelling investment prospect.


Highlights include:

Tenure: Freehold

Property Type: New build flats

Lease Start Date: Fresh lease upon

completion

Lease Length: 5 Years

CPI Linked Rents: Annually

Bedrooms: 4 x 1 bedroom apartments

Other Rooms: 4 x Kitchen/ Lounge, 4 x

Bathroom

Property Standards: New build


Price range:

4 x 1 bedroom apartments  Â£800,000

9% net rental

£72,000 rental for the year

£6,000 rental per month


Payment Plan:

£5000 reservation fee (takes the unit off the market)

Exchange though solicitor 

Completed project 

Amenities

Risk management & compliance, when approached strategically, have the potential

  • Tenure Freehold
  • New build flats
  • CPI Linked Rents Annually
  • Four one bedroom apartments
  • No Ground Rent

Video Tour

Location

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