1 bed flat for sale

Carr Street, Lincoln, Lincolnshire LN1

***jump onto the property ladder***the ideal next addition to the investment portfolio*** This One bedroom First Floor apartment is situated close to Lincoln City Centre so offering a very convenient location for buyers wanting to buy or invest in a location close to local amenities.

Offering a gross rental yield of 6.8% making this a very attractive purchase for investors. Also benefitting from being sold with no onward chain.

Briefly comprising; Hall, Living Room, Kitchen, Double Bedroom, Bathroom. Externally there is a communal garden area as well as an outside storage unit ideal for storing bicycles.

EPC Grade C/Leasehold/City of Lincoln Council-Band A.

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.

LIN210178/8

Description

***jump onto the property ladder***the ideal next addition to the investment portfolio*** This One bedroom First Floor apartment is situated close to Lincoln City Centre so offering a very convenient location for buyers wanting to buy or invest in a location close to local amenities.

Offering a gross rental yield of 6.8% making this a very attractive purchase for investors. Also benefitting from being sold with no onward chain.

Briefly comprising; Hall, Living Room, Kitchen, Double Bedroom, Bathroom. Externally there is a communal garden area as well as an outside storage unit ideal for storing bicycles.

EPC Grade C/Leasehold/City of Lincoln Council-Band A.

Hall

Entrance door, telecom entry system, radiator.

Living Room (4.47m x 3.47m)

Double glazed window to front aspect, radiator, opening to:

Kitchen (3.53m x 2.45m)

Being fitted with a range of eye level wall and base units with contrasting work surfaces fitted over, double glazed window to rear aspect, cooker with gas hob and stainless steel extractor hood over, space for fridge freezer, space and plumbing for washing machine, stainless steel sink unit with drainer and mixer tap over, wall mounted gas combination boiler, radiator.

Bedroom (3.29m x 3.26m)

Double glazed window to front aspect, radiator.

Bathroom (2.35m x 1.77m)

Three piece suite comprising of panelled bath with shower fitted over, low level WC, pedestal wash hand basin, double glazed frosted window to rear aspect, radiator.

Outside

Parking is available through a permit which can be purchased through City of Lincoln Council. There is a communal area and also there is an outside storage unit.

Tenure & Charges

Leasehold - 125 years from 2015. Expires 31/05/2140. Current service charge is set at £269.31 per annum and ground rent is £10 per annum.