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.
        
        
        
        
        
        
        
        
        
        
        
        2 bedroom Mid Terrace House for sale, Spencer Street, Lincoln, Lincolnshire, LN5
Features and Description
- For sale via modern method of auction
 - Terms & conditions apply
 - Being sold with tenant in situ
 - Subject to reserve price
 - EPC grade D
 - City of Lincoln Council
 - Council tax band A
 - No onward chain
 
***THE PERFECT ADDITION TO THE INVESTMENT PORTFOLIO OR FIRST TIME PURCHASE***
Welcome to 27 Spencer Street. This neat and tidy Two bedroom Mid-Terraced is situated in a highly sought after location close to Lincoln City Centre. We believe looking at comparable evidence the market rent is around £800pcm which would give an investor a gross yield of 7.68% based on the current asking price.
Briefly comprising; Living Room, Kitchen, Two Bedrooms, Bathroom. Also benefitting from a fully enclosed Rear Courtyard and Parking is available on street.
Freehold/City of Lincoln Council-Band A/EPC Grade D.
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.
Living Room
11'10" x 11'2" (3.60m x 3.40m)
uPVC front entrance door, double glazed window to front aspect, fire with feature brick surround, radiator, stairs rising to first floor.
Kitchen
11'10" x 11'2" (3.60m x 3.40m)
Being fitted with a range of eye level wall and base units with contrasting work surfaces fitted over, space for cooker, fitted extractor hood, stainless steel sink with drainer, space for fridge freezer, space and plumbing for washing machine, double glazed window to rear aspect, rear door, understairs storage cupboard, radiator.
Bedroom 1
11'10" x 11'2" (3.60m x 3.40m)
Double glazed window to front aspect, radiator, storage cupboard.
Bedroom 2
11'10" x 6'11" (3.60m x 2.10m)
Double glazed window to rear aspect, radiator.
Bathroom
Comprising of panelled bath with shower fitted over, low level WC, pedestal wash hand basin, double glazed frosted window to rear aspect, radiator.
Outside
There is a low maintenance rear courtyard which is fully enclosed by fencing. Parking is available on street (no permit required).
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.
Spencer Street, Lincoln, Lincolnshire, LN5
        Additional Information
- 
                    Property refLIN250208
 - 
                    EPCD
 - 
                    TenureFreehold
 - 
                    Council TaxA
 - 
                    Local authorityCity Of Lincoln Council
 
        
        uPVC front entrance door, double glazed window to front aspect, fire with feature brick surround, radiator, stairs rising to first floor.
        
        Being fitted with a range of eye level wall and base units with contrasting work surfaces fitted over, space for cooker, fitted extractor hood, stainless steel sink with drainer, space for fridge freezer, space and plumbing for washing machine, double glazed window to rear aspect, rear door, understairs storage cupboard, radiator.
        
        
        Double glazed window to front aspect, radiator, storage cupboard.
        
        Double glazed window to rear aspect, radiator.
        Comprising of panelled bath with shower fitted over, low level WC, pedestal wash hand basin, double glazed frosted window to rear aspect, radiator.
        There is a low maintenance rear courtyard which is fully enclosed by fencing. Parking is available on street (no permit required).
        
        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
59Potential
80CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
