A Lincoln housing company set up by former students has announced that it has acquired a number of revamped apartments in the city centre.
Student Housing Lincoln, which is part of the Lincoln Property Co., will take over management of the Bank Street Apartments, taking the value of their student property portfolio to over £3 million.
Their latest apartments consist of 35 student rooms made up of four, five and six bedroom cluster flats.
Recent renovation of the communal areas, new mattresses and beds, and a new CCTV system is estimated at over £30,000, with planned improvements this year totalling a further £15,000.
The upgrades over the coming year include room by room temperature controls, 40 inch flat screen TVs in the communal living areas, 100mbps fibre broadband and secure bike storage within the private rear courtyard.
The Bank Street Apartments will be available for the 2016-17 academic year and priced from £90 per week inclusive of all bills.
Harry Conti from the Lincoln Property Co. said:
“Within four short months we now manage over £3 million worth of property within the city of Lincoln.
“We are pleased to add Bank Street Apartments to our ever growing student property portfolio.
“Student Housing Lincoln launched less than three months ago as the student lettings arm of our company.”
To book a viewing, contact the company’s student lettings team on 01522 410646 or email [email protected].