Name: 1 bedroom Flat for sale, Lincoln, Lincolnshire, LN5
Brand: Your Move
SKU: NHY240050
Price: 100000 GBP
Availability: InStock

Property ref: NHY240050

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Key Features

Council Tax: City Of Lincoln Council Band A

Tenure: Leasehold. 106 year lease

Ground Floor Apartment
One Double Bedroom
Ideal First Time Buy or Investment
EPC Grade C
City of Lincoln Council
Council Tax Band A
Potential Gross Yield of 7.8%
No Onward Chain

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Property details

***SUPERB FIRST TIME BUY OR INVESTMENT*** A centrally located ground floor apartment in a very popular purpose built block. Being sold with NO ONWARD CHAIN. Offering investors a gross yield of circa 7.8% making it a superb addition to the portfolio. City of Lincoln Council-Band A.

Room	Measurements	Notes
Communal Entrance		Offering access to all floors.
Hall		Entrance door, airing cupboard housing hot water cylinder.
Open Plan Kitchen / Lounge	6.02m x 3.53m	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, stainless steel sink unit with drainer and mixer taps over, space for fridge freezer, space and plumbing for washing machine, uPVC sliding door to front aspect.
Bedroom	5.30m x 3.06m	Double glazed window to side aspect, heater, fitted wardrobes.
Bathroom	2.60m x 1.70m	Three piece suite comprising of panelled bath with shower fitted over, low level WC, pedestal wash hand basin, tiled splashback.
Local Authority		City of Lincoln Council.
Tenure & Charges		Leasehold. 106 years remaining. 125 years from new.Service charge and ground rent £916 per annum.
Note to Investors		We believe this property could achieve a monthly rent of £650 resulting in an annual return of £7800. If you were to purchase the property at the current asking price you would receive a gross yield of circa 7.8%.

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.

EPC

Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A

(81 - 91) B

(69 - 80) C

(55 - 68) D

(39 - 54) E

(21 - 38) F

(1 - 20) G

Not energy efficient - higher running costs

Current

Potential

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A

(81 - 91) B

(69 - 80) C

(55 - 68) D

(39 - 54) E

(21 - 38) F

(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A

Stamp Duty

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Your Move Lincoln Estate Agents

01522 513 315

lincoln@your-move.co.uk

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