Flat for sale in Lincoln LN5, 1 Bedroom

Ideal investment opportunity - Calling all all investors. This modern second floor apartment is currently let at £525 pcm. Close to city centre, university and amenities. Secure entry system. Riverside views. Gross yield 6.3% return. Low maintenance property.

Introduction

We are delighted to offer for sale this modern second floor apartment. This would make an ideal investment opportunity for investors. Currently let out at £525pcm. Generating a yield of around 6.3%. Briefly comprising, hallway, open plan lounge and kitchen, double bedroom and bathroom.

The property is fully double glazed and has an electric heating system. Council tax band: A

Situation

Found within the city centre, this property benefits from great local positioning, having a range of local amenities available that include shops, take-aways and transport links to the surrounding area.

Particulars Of Sale

Accommodation

Inner Hallway

Open Plan Lounge (3.63m x 5.97m (11'11" x 19'7"))

Open plan lounge over looking the river. Electric heater and T.V point.

Open Plan Kitchen (2.48m x 2.24m (8'2" x 7'4"))

Bedroom 1 (5.18m x 3.22m (17'0" x 10'7"))

Main bedroom over looking the river, built in wardrobe, electric heater.

Bathroom (1.87m x 2.13m (6'2" x 7'0"))

Three piece bathroom suite with shower over bath, low flush W.C and wash hand basin. Part tiled splash back areas. Electric heater and shaver point.

Other Information

Tenure

The property is leasehold.

Services

The Service charge for the apartment is £205.95 per quarter which includes the buildings insurance, the window cleaning and the internal upkeep of internal hallways and any grounds upkeep surrounding the buildings.
All mains services which are available or connected are subject to the statutory regulations. We have not tested any heating systems, fixtures, appliances or services.

Local Authority

Lincoln City Council - Tel:

Mortgage Advice

Budgeting correctly and choosing the right mortgage for a move is vital. For independent mortgage and insurance advice call our office on to arrange an appointment.

Viewings

By appointment with the sole selling agents lovelle estate agency, telephone Lincoln Office .
We recommend prior to making an appointment to view, prospective purchasers discuss any particular points likely to effect their interest in the property with one of our property consultants who have seen the property in order that you do not make a wasted journey.

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