3 bedroom house

Granson Way, Washingborough, Lincoln

Size: sqm

Purchase price

£240,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £10,800
Net income £10,800
Gross yield 4.5%
Net yield 4.50%

This wonderful, detached property is situated in the very much sought after Lincolnshire village of Washingborough. It presents a fantastic investment opportunity producing a healthy yield with much scope to increase and there is plenty of potential to increase the properties value. Granson Way is a peaceful and idyllic street with stunning views, particularly from the back which overlooks picturesque countryside. To the ground floor there is an entrance hallway; large lounge; dining room; kitchen with a range off wall and base units and downstairs W.C. Upstairs are three generously sized bedrooms and the family bathroom. Externally there is a garage, driveway and sizeable garden which is perfect for enjoying the summer months.

Washingborough sits approximately 4 miles from the Cathedral city of Lincoln and is well served by amenities and transport links around Lincoln via the Eastern Bypass and into the city centre. Granson Way benefits from immediate access to local shops, schools rated highly by Ofted and a host of amenities making it appeal hugely to families. It’s also the ideal base for working professionals travelling into the city centre, Lincoln Hospital and The University of Lincoln, all of which are just around 3 miles from the property.

Rental properties within Lincoln are in high demand, with a population in the region of 94,000 of people and strong regional economy based in engineering and manufacturing. Large technology company Siemens also has a base here which employs around 1500 people, contributing to the local economy and driving rental demand. Lincolnshire is set to be revitalised with a cash injection of £62million, £20 million of which has been allocated to build two bridges over the railway line in Lincoln as part of the Western Growth Corridor (Swanpool) development of 3,200 homes and retail and business space.

FANTASTIC INVESTMENT OPPORTUNITY! This wonderful detached property is ideally positioned in a picturesque village location in Lincoln and offers much potential.

Interested in this property? Enquire today for more information

Key features

Key features

Excellent investment opportunity

Key features

Well maintained by the current tenants

Key features

Large detached property

Key features

Two spacious reception rooms

Key features

Three generous bedrooms

Key features

Stunning countryside views

Key features

Garage and driveway

Key features

Sought after residential location

Key features

Freehold

Key features

Walkthrough video available upon request

Key features

Freehold

FANTASTIC INVESTMENT OPPORTUNITY! This wonderful detached property is ideally positioned in a picturesque village location in Lincoln and offers much potential. More info...

This wonderful, detached property is situated in the very much sought after Lincolnshire village of Washingborough. It presents a fantastic investment opportunity producing a healthy yield with much scope to increase and there is plenty of potential to increase the properties value. Granson Way is a peaceful and idyllic street with stunning views, particularly from the back which overlooks picturesque countryside. To the ground floor there is an entrance hallway; large lounge; dining room; kitchen with a range off wall and base units and downstairs W.C. Upstairs are three generously sized bedrooms and the family bathroom. Externally there is a garage, driveway and sizeable garden which is perfect for enjoying the summer months.

Washingborough sits approximately 4 miles from the Cathedral city of Lincoln and is well served by amenities and transport links around Lincoln via the Eastern Bypass and into the city centre. Granson Way benefits from immediate access to local shops, schools rated highly by Ofted and a host of amenities making it appeal hugely to families. It’s also the ideal base for working professionals travelling into the city centre, Lincoln Hospital and The University of Lincoln, all of which are just around 3 miles from the property.

Rental properties within Lincoln are in high demand, with a population in the region of 94,000 of people and strong regional economy based in engineering and manufacturing. Large technology company Siemens also has a base here which employs around 1500 people, contributing to the local economy and driving rental demand. Lincolnshire is set to be revitalised with a cash injection of £62million, £20 million of which has been allocated to build two bridges over the railway line in Lincoln as part of the Western Growth Corridor (Swanpool) development of 3,200 homes and retail and business space.

  • Key features
    Tick Desktop Excellent investment opportunity
    Tick Desktop Well maintained by the current tenants
    Tick Desktop Large detached property
    Tick Desktop Two spacious reception rooms
    Tick Desktop Three generous bedrooms
    Tick Desktop Stunning countryside views
    Tick Desktop Garage and driveway
    Tick Desktop Sought after residential location
    Tick Desktop Freehold
    Tick Desktop Walkthrough video available upon request
    Key features

    Freehold

  • LocationLocation

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £10,800
Net income £10,800
Gross yield 4.5%
Net yield 4.50%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.