Key Features

  • INVESTMENT OPPORTUNITY
  • Currently Comprising 3 Flats
  • Horncastle Town Location
  • Ground Floor Studio
  • 1 Bed Flat to Front
  • 1 Bed Flat to Rear
  • No Onward Chain!

Description

ATTENTION INVESTORS - A multi residential unit with an anticipated gross rental income in the region of £21,600-£23,040 per annum, which represents a yield of approx. 14 - 15% against the asking price.

The property comprises three one bedroom units which include a two storey town house, ground floor studio flat and two storey duplex flat. Conveniently located within walking distance for most people of the full range of residential services and amenities found in the market town of Horncastle.

Horncastle is a mid-Lincolnshire Georgian market town situated on the southern edge of the Lincolnshire Wolds at the crossroads of the A158 and A153, approximately 21 miles east of Lincoln. The town has a growing population of approx. 7,000 and offers a good variety of shops, schools and services and serves a wide rural area. The property is situated on West Street, within walking distance for most people to the town centre and its many local amenities.