This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022. For more information on Stamp Duty Land Tax, click here.
1
£114,950
2 bedroom Flat for sale Lincoln, Lincolnshire, LN5
Features and Description
- Top Floor Apartment
- Two Double Bedrooms
- EPC Grade B
- City of Lincoln Council
- Council Tax Band B
- Allocated Car Parking Space
- Central Location
- Close to Lincoln University
***PUBLIC NOTICE - 163 Riverside Drive, Lincoln, LN5 7NZ. We advise that an offer has been made for the above property in the sum of £125,000. Any persons wishing to increase on this offer should notify the agents of their best offer prior to exchange of contracts.
Your Move Estate Agents - 44-45 Silver Street, Lincoln, LN2 1EH. 01522 513315.
***IDEAL FIRST TIME BUY OR INVESTMENT*** This top floor apartment offers a fantastic route onto the property ladder or buy to let investo
***PUBLIC NOTICE - 163 Riverside Drive, Lincoln, LN5 7NZ. We advise that an offer has been made for the above property in the sum of £125,000. Any persons wishing to increase on this offer should notify the agents of their best offer prior to exchange of contracts.
Your Move Estate Agents - 44-45 Silver Street, Lincoln, LN2 1EH. 01522 513315.
***IDEAL FIRST TIME BUY OR INVESTMENT*** This top floor apartment offers a fantastic route onto the property ladder or buy to let investors a gross yield of circa 8.35%. Benefitting from an allocated car parking space and close to Lincoln City Centre & Lincoln University. City of Lincoln Council-Band B.
Communal Entrance
Secure coded access, stairs rising.
Hall
Entrance door, electric heater, two storage cupboards one of which houses hot water cylinder.
Open Plan Kitchen / Living / Dining Area
6.76m x 3.65m
Having uPVC double doors opening to Juliet balcony, electric heater. Kitchen being fitted with a range of eye level wall and base units with contrasting work surfaces over, electric oven with 4 ring electric hob and stainless steel extractor hood over, one and a half bowl stainless steel sink unit with drainer and mixer taps over, integrated fridge freezer, space and plumbing for washing machine.
Bedroom 1
3.65m x 3.23m
Double glazed window, electric heater, fitted wardrobe.
Bedroom 2
3.67m x 2.50m
Double glazed window, electric heater, fitted wardrobe.
Bathroom
2.29m x 2.12m
Three piece suite comprising of panelled bath with shower fitted over, low level WC, pedestal wash hand basin, double glazed frosted window, electric heater.
Parking
One allocated car parking space (numbered).
Tenure
Leasehold. 107 years remaining.
Charges
We believe the current charges are to be set at:Ground Rent-£809.36 per annum.Service Charge-£1266.72 per annum.
Note to Investors
We believe this property could achieve a monthly rent of £800pcm resulting in an annual gross return of £9600. If you were to purchase the property at an asking price of £125,000 then you would receive a gross yield of circa 7.68%.
Local Authority
City of Lincoln Council.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Riverside Drive, Lincoln, Lincolnshire, LN5
Additional Information
-
Property refLIN230491
-
EPCB
-
TenureLeasehold
-
Council TaxB
-
Local authorityCity Of Lincoln Council
Your Move Estate Agents Lincoln
Your Move Lincoln
44-45 Silver Street, Lincoln, LN2 1EH
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
Buyer Tools
Mortgage Calculator
Monthly payment
£
Borrowing £103,455 and repaying over 25 years with a 2.5% interest rate.
Now you know what you could be paying, book an appointment with our partners Embrace Financial Services to find the right mortgage for you.
Stamp duty calculator
Similar properties for sale by Your Move Lincoln
Nearby locations
Photos
Floorplan
Map view
Street view
Hall
Entrance door, electric heater, two storage cupboards one of which houses hot water cylinder.
Bedroom 1
3.65m x 3.23m
Double glazed window, electric heater, fitted wardrobe.
Bedroom 2
3.67m x 2.50m
Double glazed window, electric heater, fitted wardrobe.
Bathroom
2.29m x 2.12m
Three piece suite comprising of panelled bath with shower fitted over, low level WC, pedestal wash hand basin, double glazed frosted window, electric heater.
The pin shows the exact address of the property
Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
82Potential
82CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs