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.
1/12
£130,000
2 bedroom Flat for sale, Newark Road, Lincoln, Lincolnshire, LN6
Features and Description
- Top Floor Apartment
- Two Double Bedrooms
- Open Plan Layout
- EPC Grade C
- City of Lincoln Council
- Council Tax Band A
- Allocated Parking
- Ideal First Time Buy/Investment
A fantastic opportunity to purchase this well-presented two-bedroom second floor apartment, ideal for first-time buyers or investors looking for a strong rental return.
Located in a popular and well-connected area of Lincoln, this modern apartment offers a bright and spacious open-plan kitchen/living area, perfect for contemporary living. The property is move-in ready, requiring no immediate work—ideal for buyers wanting a stress-free purchase.
Further benefits include two well-proportioned bedrooms, a stylish bathroom, and allocated parking. Situated close to a wide range of local amenities, shops, and transport links, this property combines convenience with comfort.
With high tenant demand in the area, this apartment also offers excellent investment potential with strong yields achievable.
Leasehold/EPC Grade C/City of Lincoln Council-Band A.
Communal Entrance Hall
With stairs rising to all floors.
Kitchen / Living / Dining Area
19'9" x 19'2" (6.02m x 5.83m)
Kitchen being fitted with a range of eye level wall and base units with contrasting work surfaces fitted 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 tap over, integrated washer/dryer, space for fridge freezer. Three double glazed windows to front aspect, infrared heaters.
Bedroom 1
13'2" x 12'10" (4.01m x 3.91m)
uPVC double doors to rear aspect opening up onto a Juliet balcony, infrared heater.
Bedroom 2
11'11" x 10'0" (3.64m x 3.05m)
Double glazed window to rear aspect, two storage cupboard, infrared heater, loft access.
Shower Room
8'6" x 7'10" (2.58m x 2.40m)
Comprising of shower cubicle, low level WC, low level WC, pedestal wash hand basin, extractor hood, chrome heated towel rail.
Outside
There are communal garden areas to the rear of the block and the property has an allocated car parking space.
Tenure & Charges
Leasehold - Expires 01/01/2138. Current ground rent - £364 per annum. Service charge - £1944 per annum.
Note to Investors
We believe the property could achieve a monthly rent of £850-£875pcm.
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.
Newark Road, Lincoln, Lincolnshire, LN6
Additional Information
-
Property refLIN250512
-
EPCC
-
TenureLeasehold
-
Lease length112 years
-
Council TaxA
-
Local authorityCity Of Lincoln Council
-
Ground Rent£364
-
Ground Rent ReviewContact the branch
-
Service Charge£1,944
Do you have a property you need to sell?
Your Move Estate Agents Lincoln
Your Move Lincoln
44-45 Silver Street, Lincoln, LN2 1EH
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
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Monthly payment
£
Borrowing £117,000 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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Nearby locations
Photos
Floorplan
Map view
Street view
Kitchen / Living / Dining Area
19'9" x 19'2" (6.02m x 5.83m)
Kitchen being fitted with a range of eye level wall and base units with contrasting work surfaces fitted 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 tap over, integrated washer/dryer, space for fridge freezer. Three double glazed windows to front aspect, infrared heaters.
Bedroom 1
13'2" x 12'10" (4.01m x 3.91m)
uPVC double doors to rear aspect opening up onto a Juliet balcony, infrared heater.
Bedroom 2
11'11" x 10'0" (3.64m x 3.05m)
Double glazed window to rear aspect, two storage cupboard, infrared heater, loft access.
Shower Room
8'6" x 7'10" (2.58m x 2.40m)
Comprising of shower cubicle, low level WC, low level WC, pedestal wash hand basin, extractor hood, chrome heated towel rail.
Outside
There are communal garden areas to the rear of the block and the property has an allocated car parking space.
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
69Potential
82CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs