Flat for sale in Tanners Court, Lincoln, Lincolnshire LN5

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.

NHY240050/8

Description

***superb first time buy or buy to let investment*** A modern Ground Floor Apartment which is being sold with no onward chain and is situated in a highly sought after apartment block a stone's throw away from Lincoln City Centre. Offering open plan living and a large double bedroom. Ready to move into for first time buyers or investors looking to rent it out. EPC grade C.

Location

Situated in the popular area just off Lincoln High Street. Benefiting from local amenities in the immediate area. A wider range of shopping facilities and services are available in Lincoln City Centre only a stones throw. Walking distance to both the bus and train station where all routes are available.

Communal Entrance

Offering access to all floors.

Hall

Entrance door, airing cupboard housing hot water cylinder.

Open Plan Kitchen/Lounge (6.02m x 3.53m)

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 stainless steel extractor hood over, stainless steel sink unit with drainer and mixer taps over, space for fridge freezer, space and plumbing for washing machine, uPVC sliding door to front aspect.

Bedroom (5.3m x 3.06m)

Double glazed window to side aspect, heater, fitted wardrobes.

Bathroom (2.6m x 1.7m)

Three piece suite comprising of panelled bath with shower fitted over, low level WC, pedestal wash hand basin, tiled splashback.

Local Authority

City of Lincoln Council.

Tenure & Charges

Leasehold. 106 years remaining. 125 years from new.
Service charge and ground rent £916 per annum.

Note To Investors

We believe this property could achieve a monthly rent of £650 resulting in an annual return of £7800. If you were to purchase the property at the current asking price you would receive a gross yield of circa 7.8%.