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 £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