* Leasehold
* Top floor apartment
* Two double bedrooms
* Allocated parking
* EPC Grade B
* City of Lincoln Council
* Council tax band B
* Ideal first time buy/investment
* No onward chain
Important Note to Potential Purchasers & Tenants:
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 traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to
be agreed with the seller. Potential tenants: All properties are available for
a minimum length of time, with the exception of short term accommodation.
Please contact the branch for details. A security deposit of at least one
month’s rent is required. Rent is to be paid one month in advance. It is the
tenant’s responsibility to insure any personal possessions. Payment of all
utilities including water rates or metered supply and Council Tax is the
responsibility of the tenant in every case.
LIN220011/8
**Description**
***spacious top floor apartment*** This two bedroom top floor apartment is
being sold with no onward chain and would make a superb first time buy or
investment. The property is located close to the City Centre and also Lincoln
University so offers a very convenient, central location. Briefly comprising;
Communal Entrance, Hall, Open Plan Kitchen/Living/Dining Area, Two Double
Bedrooms, Bathroom. The property also has one allocated Parking space. EPC
grade B.
**Location**
Situated in a purpose built apartment block close to Lincoln City Centre and
walking distance to Lincoln University.
**Communal Entrance**
Secure entry system with stairs leading to all floors.
**Hall**
Internal entrance door, electric heater, cupboard housing hot water cylinder,
storage cupboard, entry com system.
**Open Plan Kitchen/Living/Dining Area (6. 06m x 3. 54m)**
Spacious, comfortable open plan area with the kitchen being fitted with a
range of eye level wall and base units with contrasting work surfaces fitted
over, electric oven with 4 ring electric oven and extractor hood over, one and
a half bowl stainless steel sink unit with drainer and mixer taps over, space
for under counter fridge/freezer, space and plumbing for washing machine and
dishwasher, uPVC double doors opening up onto Juliet balcony, electric heater.
**Bedroom 1 (4. 27m x 3. 03m)**
Double glazed window, electric heater, fitted wardrobe.
**Bedroom 2 (3. 63m x 2. 48m)**
Double glazed window, electric heater, fitted wardrobe.
**Bathroom (2. 5m x 1. 54m)**
Tiled suite comprising of panelled bath tub with Rainfall shower system
fitted, low level WC, pedestal wash hand basin, chrome heated towel rail,
extractor fan.
**Parking**
One allocated car parking space.
**Tenure**
Leasehold. 125 years from new. Expiring 29/09/2130. 106 years remaining.
**Charges**
We believe the current to be set at the below:
Ground rent £202. 34 annually
Service charge £1084. 84 paid quarterly (£271. 21 per quarter)
Reserve fund £181. 88 paid quarterly (£45. 47 per quarter).
**Local Authority**
City of Lincoln Council.
**Agents Note**
We believe this property could achieve a monthly rental of £825pcm resulting
in a gross return of £9900. If you were to purchase the property at the asking
price of £145, 000 you would receive a gross rental yield of circa 6. 82%.

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