Flat for sale in Steep Hill, Lincoln LN2

£136,950
Interested in this property? Call +44 1522 397639 * or Request Details

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Flat for sale - 1 bedroom

1 1 1

Tenure:
Not available
Council tax band:
A

Property features

  • Steep Hill Apartment
  • Open Plan Living
  • 1 Double Bedroom
  • Views Over Castle Square
  • Tenant in Situ: £750pcm 6 Month AST
  • Gross Yield of 6.25%
  • Ideal Holiday Let
  • No onward chain

Property description

This 1 bedroom apartment is located at the top of Lincoln's famous Steep Hill. Enjoying views over Castle Square, the apartment comes with open plan living, 1 double bedroom and a modern shower room. The property currently has a tenant in situ, with the 6 month AST due to start imminently with a rental income of £750pcm - representing a 6.25% gross yield. Situated within yards of the world renowned Lincoln Cathedral & Lincoln Castle, the property offers historic landmarks and amenities on your doorstep. Furthermore, the property is within easy access to Lincoln County Hospital and the University of Lincoln. Ground Rent & Service Charge is expected to total approx £500 combined per annum, with a lease of 125 years.

Agent Note - Due to being located above a commercial premises, mortgage applications can be complex. For further advice, please contact your financial advisor or contact Starkey&Brown.

Entrance Hallway

Having door to side aspect and original flooring.

Open Plan Living Kitchen (10' 9'' max x 17' 4'' max (3.27m x 5.28m))

Having window to front aspect with view across Castle Square, a range of base and eye level units, electric hob with extractor over and electric oven, stainless steel sink and drainer unit with hot and cold mixer tap over, integral dishwasher, integral fridge, storage cupboard, original floorboards, spot lights and radiator.

Bedroom 1 (9' 1'' x 8' 0'' (2.77m x 2.44m))

Having window to front aspect and radiator.

Shower Room

Having low level wc, pedestal wash hand basin, shower cubicle, tiled floor and surround and chrome heated towel rail.

Agents Note

Starkey & Brown have not inspected a copy of the lease and therefore potential purchasers are advised to make their own enquiries with regards to this matter before proceeding with an offer.

Property info

Floorplan(s): Floorplan 1 Floorplan 2

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For more information about this property, please contact
Starkey & Brown, LN2 on +44 1522 397639 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Starkey & Brown, and do not constitute property particulars. Please contact Starkey & Brown for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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