6-7 Robey Street, Lincoln, Lincolnshire, LN5
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
4
- SIZE
1,231 sq ft
114 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Rental Income: £28,560 p.a.
- Gross Initial Yield: 8.92%
- Comprises block of 2 x 2-bedroom apartments arranged over ground, first and second floor
- Let to students. New ASTs for 2024/2025 season agreed and signed
Description
Gross Initial Yield: 8.92%
Rental Income: £28,560 p.a.
VAT is NOT applicable to this property
Let to students. New ASTs for 2024/2025 season agreed and signed
Comprises block of 2 x 2-bedroom apartments arranged over ground, first and second floor
Bus stop located 1 min walk from the property provides direct services to Lincoln Train Station and Town Centre (8 min journey). Nearby occupiers include KFC, Lidl, Gymnasium, Post Office and more.
Property Description:
The property comprises block of 2 x 2-bedroom apartments arranged over ground, first and second floor, providing the following accommodation and dimensions:
7 Robey Court: 41.10 sq m (442 sq ft)
Ground Floor: 2 bedrooms, kitchen/living area, bathroom
6 Robey Court: 73.20 sq m (789 sq ft)
First Floor: 1 bedroom, kitchen/living room, bathroom
Second Floor: 1 bedroom, bathroom
Total GIA: 114.30 sq m (1,231 sq ft)
Tenancy:
6 Robey Court is at present let on AST to Individuals for a term of 51 Weeks from 25th August 2023 at a current rent of £14,790 p.a. Deposit held of £600.
Tenants have agreed and signed renewal AST for a term of 51 Weeks from 17th August 2024 at agreed rent of £14,790 p.a. Deposit held of £600.
7 Robey Court is at present let on AST to Individuals for a term of 51 Weeks from 5th September 2023 at a current rent of £13,770 p.a. Deposit held of £600.
Tenants have agreed and signed new AST for a term of 51 Weeks from 5th September 2024 at agreed rent of £13,770 p.a. Deposit held of £600.
Location:
The property is located on Robey Street within a residential area just a 20-min walk from Lincoln’s City Centre and 20-min walk from the University of Lincoln. Bus stop Robey Street located 1 min walk from the property provides direct services to Lincoln Train Station and City Centre (8 min journey). The train station offers regular connections throughout the country, with regular services running to Newark Northgate, Edinburgh and London Kings Cross. Nearby occupiers include KFC, Lidl, Gymnasium, Post Office and more.
Brochures
Property Particulars- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
6-7 Robey Street, Lincoln, Lincolnshire, LN5
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lincoln Central Station0.6 miles
- Hykeham Station2.7 miles
- Saxilby Station5.9 miles
About the agent
Blue Alpine, London
54 Welbeck Street, London W1G 9XS
Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.
Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can a
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