Sold

Lincoln – A freehold purpose built detached block comprising in total 23 flats (12 unsold)

Venables Court, Venables Way, Lincoln, LN2 4TY

Offers in excess of £1,000,000

Property Type:
Residential
Sub Type:
Block of Flats

Description

  • Detached Freehold block comprising 23 flats
  • 11 flats sold off on long leases
  • 12 unsold flats (2 x one bed and 10 x two bed)
  • 8 flats let subject to ASTs
  • 4 flats currently vacant
  • Total Current Rent Reserved (AST): £53,200 per annum
  • Estimated Rental Value (ASTs fully let): £80,400 per annum
  • All flats subject to a 55+ age restriction
  • 10 car parking spaces

Subject to contract