£114,950
2 bedroom Flat for sale, Lincoln, Lincolnshire, LN5
Riverside Drive
- 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
The pin shows the exact address of the property
***PUBLIC NOTICE - 163 Riverside Drive, Lincoln, LN5 7NZ. We advise that an offer has been made for the above property in the sum of £114,950. 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.
| Picture | Room | Measurements | Notes |
|---|---|---|---|
| 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. |
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
Current
N/APotential
N/AFind out how much Stamp Duty you might pay.
Thinking of selling?
Find out how much your home is worth with a free valuation
Request free valuation
