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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£121,500
3 bedroom Mid Terrace House for sale, Abbot Street, Lincoln, Lincolnshire, LN5
Features and Description
- Bay fronted mid-terraced
- Three bedrooms
- For sale via modern method of auction
- Subject to reserve price
- EPC grade D
- City of Lincoln Council
- Council tax band A
- No onward chain
11 Abbot Street, Lincoln, LN5 7SN
Modern Method of Auction | Three Bedroom Bay-Fronted Terrace | City Centre Location | Excellent Investment Opportunity
A fantastic opportunity to acquire a spacious three-bedroom bay-fronted Victorian terrace, ideally situated within walking distance of Lincoln city centre. Offered for sale via the Modern Method of Auction, this property presents an excellent prospect for investors, landlords and buyers looking to add value through light refurbishment.
Occupying a sought-after central position, the property offers generous accommodation throughout, including two versatile reception rooms, a fitted kitchen, three well-proportioned bedrooms and a family bathroom. To the rear is an enclosed courtyard garden, while permit parking is available to the front of the property.
Requiring some cosmetic improvement, the property provides purchasers with the opportunity to modernise and personalise to their own specification. With an estimated rental income of approximately £1,000 per calendar month once improved, it represents an attractive buy-to-let investment with excellent long-term potential.
Conveniently positioned close to Lincoln's vibrant city centre, the University of Lincoln, local amenities, schools and excellent transport links, this is a superb opportunity to secure a property in a consistently popular rental location.
Auctioneer Comments
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Hall
Side entrance door, stairs rising to first floor.
Lounge
13'8" x 11'11" (4.17m x 3.62m)
Bay window to front aspect, radiator.
Dining Room
11'11" x 10'7" (3.63m x 3.23m)
uPVC double doors to rear aspect, understairs cupboard, radiator.
Kitchen
12'2" x 7'3" (3.72m x 2.22m)
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 extractor hood over, double glazed window to side aspect, wall mounted gas combination boiler, stainless steel sink unit with drainer and mixer tap over, space and plumbing for appliances, radiator.
Bathroom
7'9" x 7'7" (2.36m x 2.30m)
Three piece suite comprising of panelled bath tub with shower fitted over, low level WC, pedestal wash hand basin, double glazed frosted window to side aspect, extractor fan, storage cupboard, radiator.
Bedroom 1
11'11" x 11'8" (3.62m x 3.56m)
Double glazed window to front aspect, storage cupboard, radiator.
Bedroom 2
11'11" x 6'5" (3.63m x 1.95m)
Double glazed window to rear aspect, radiator.
Bedroom 3
9'2" x 8'7" (2.80m x 2.62m)
Double glazed window to rear aspect, radiator.
Outside
Rear courtyard which is mainly laid to lawn with a decking area all of which is enclosed by brick wall.
Parking
On street parking (permit required via City of Lincoln Council).
Note to Investors
With some light renovation we believe this property could achieve a monthly rent of £1000.
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.
Abbot Street, Lincoln, Lincolnshire, LN5
Additional Information
-
Property refLIN260347
-
EPCD
-
TenureFreehold
-
Council TaxA
-
Local authorityCity Of Lincoln Council
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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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Photos
Floorplan
Map view
Street view
Lounge
13'8" x 11'11" (4.17m x 3.62m)
Bay window to front aspect, radiator.
Dining Room
11'11" x 10'7" (3.63m x 3.23m)
uPVC double doors to rear aspect, understairs cupboard, radiator.
Kitchen
12'2" x 7'3" (3.72m x 2.22m)
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 extractor hood over, double glazed window to side aspect, wall mounted gas combination boiler, stainless steel sink unit with drainer and mixer tap over, space and plumbing for appliances, radiator.
Bathroom
7'9" x 7'7" (2.36m x 2.30m)
Three piece suite comprising of panelled bath tub with shower fitted over, low level WC, pedestal wash hand basin, double glazed frosted window to side aspect, extractor fan, storage cupboard, radiator.
Bedroom 1
11'11" x 11'8" (3.62m x 3.56m)
Double glazed window to front aspect, storage cupboard, radiator.
Bedroom 2
11'11" x 6'5" (3.63m x 1.95m)
Double glazed window to rear aspect, radiator.
Bedroom 3
9'2" x 8'7" (2.80m x 2.62m)
Double glazed window to rear aspect, radiator.
Outside
Rear courtyard which is mainly laid to lawn with a decking area all of which is enclosed by brick wall.
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Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
65Potential
85CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs