2 bed flat for sale

Brayford Wharf North, Lincoln, Lincolnshire LN1

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 most cases.

LIN220920/8

Description

***superb, stylish apartment offering vibrant city centre living*** This modern first floor apartment is the perfect purchase for any buyers looking to enjoy vibrant City Centre living whilst enjoying views over the Brayford waterfront. The apartments, alternatively make fantastic investments or a superb second home with the block benefitting from concierge service. Internally comprising; Hall, Open Plan Kitchen/Living/Dining Area, Two Double Bedrooms, Ensuite & Bathroom. The property also benefits from one allocated car parking space. EPC grade D.

Location

One The Brayford has quickly become one of Lincoln's well known addresses, situated in the heart of Lincoln, locations don't come much better than this. Walking distance to everything you could possibly need!

Communal Entrance

Concierge service, lifts leading to all floors.

Hall

Open Plan Kitchen/Living/Diner (6.07m x 5.57m)

Bedroom 1 (4.8m x 3.4m)

Bedroom 2 (3.8m x 3.2m)

Ensuite (2.4m x 1.81m)

Bathroom (2.46m x 2.21m)

Parking

One allocated car parking space.

Tenure

Leasehold. Approximately 992 years remaining. 999 years from 01/01/2017.

Charges

Service Charge approximately £3500 per annum.
Ground rent £350 per annum.

Local Authority

City of Lincoln Council.

Note To Investors

The property is currently rented out at £1200 per calendar month resulting in an annual income of £14,400. If you were to purchase this property at the asking price of £210,000 the resulting gross yield would be approximately 6.9%. The current lease is for 6 months.