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 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
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£125,000
2 bedroom Flat for sale, Heather Gardens, North Hykeham, Lincolnshire, LN6
Features and Description
- First Floor Apartment
- Two Bedrooms
- EPC Grade TBC
- North Kesteven District Council
- Council Tax Band A
- Allocated Parking
- Ideal First Time Buy or Investment
- Popular Location
39 Heather Gardens, North Hykeham, Lincoln, LN6 8RQ
Stylish Two-Bedroom First Floor Apartment in a Popular Residential Location
Situated in the highly sought-after area of North Hykeham, this well-presented two-bedroom first floor apartment offers an excellent opportunity for first-time buyers and investors alike. With a potential rental income of approximately £850 per calendar month, the property represents a strong addition to any portfolio.
The apartment is positioned within a well-maintained development and benefits from a bright and airy interior throughout. The spacious living room is a standout feature, enhanced by a Juliet balcony that allows for plenty of natural light and a pleasant open outlook.
The accommodation comprises two well-proportioned bedrooms, offering flexibility for a home office, guest room, or sharers. The layout is both practical and comfortable, ideal for modern living.
Externally, the property benefits from an allocated parking space, ensuring convenient off-road parking for residents.
Leasehold/North Kesteven District Council-Band A/EPC Grade TBC.
Communal Entrance
Secure entry system, stairs rising to all floors.
Hall
Entrance door, intercom system, radiator.
Living Room
15'7" x 14'0" (4.76m x 4.27m)
uPVC double doors opening onto a Juliet balcony, double glazed window, radiator.
Kitchen
9'1" x 8'4" (2.78m x 2.55m)
Being fitted with a range of eye level wall and base units with contrasting work surfaces fitted over, electric oven with 4 ring gas hob and extractor hood over, stainless steel sink unit with drainer and mixer tap over, double glazed window, wall mounted boiler, space and plumbing for appliances.
Bedroom 1
3.66m x 2.52m plus wardrobes
Double glazed window, fitted wardrobes, radiator.
Bedroom 2
8'8" x 7'5" (2.63m x 2.25m)
Double glazed window, radiator.
Bathroom
9'3" x 5'11" (2.82m x 1.80m)
Three piece suite comprising of panelled bath tub with shower fitted over, low level WC, pedestal wash hand basin, airing cupboard, radiator.
Outside
Communal gardens surround the apartment block.
Parking
One allocated parking space.
Tenure & Charges
Leasehold - 150 years from 01/01/2005. Service charge - £1286 per annum. Ground rent - £103.42 per annum.
Note to Investors
We believe the property could achieve a monthly rent of £850. Based on the current asking price this would result in a gross yield of 8.16%.
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.
Heather Gardens, North Hykeham, Lincolnshire, LN6
Additional Information
-
Property refNHY260018
-
TenureLeasehold
-
Lease length128 years
-
Council TaxA
-
Local authorityNorth Kesteven District Council
-
Ground Rent£103
-
Ground Rent ReviewContact the branch
-
Service Charge£1,286
Do you have a property you need to sell?
Your Move Estate Agents North Hykeham
Your Move North Hykeham
28 The Forum, North Hykeham, Lincoln, LN6 8HW
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
Disabled access available
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Monthly payment
£
Borrowing £112,500 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.
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Photos
Floorplan
Map view
Street view
Living Room
15'7" x 14'0" (4.76m x 4.27m)
uPVC double doors opening onto a Juliet balcony, double glazed window, radiator.
Kitchen
9'1" x 8'4" (2.78m x 2.55m)
Being fitted with a range of eye level wall and base units with contrasting work surfaces fitted over, electric oven with 4 ring gas hob and extractor hood over, stainless steel sink unit with drainer and mixer tap over, double glazed window, wall mounted boiler, space and plumbing for appliances.
Bedroom 1
3.66m x 2.52m plus wardrobes
Double glazed window, fitted wardrobes, radiator.
Bedroom 2
8'8" x 7'5" (2.63m x 2.25m)
Double glazed window, radiator.
Bathroom
9'3" x 5'11" (2.82m x 1.80m)
Three piece suite comprising of panelled bath tub with shower fitted over, low level WC, pedestal wash hand basin, airing cupboard, radiator.
Outside
Communal gardens surround the apartment block.
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
N/APotential
N/ACO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs