£85,000
1 bed flat for saleAldergrove Crescent, Lincoln LN6
1 bed
1 bath
1 reception
EPC Rating: D
- Chain free
- Leasehold
Starkey & Brown
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About this property
No onward chain
First Floor Apartment
1 Bedroom, Living Room & Kitchen
Driveway & Garden
Rental Yield Gross 7.7%
159 Year Lease
Low Service Charge Of Approx £5.00 pcm
Long Term Tenant Paying £550 pcm/ £6,600 pa
Offered for sale with no onward chain is this first floor 1 bedroom apartment located within the Doddington Park area of Lincoln. Accommodation benefits from a 12'4" x 12'6" living room, 13'0" kitchen with a range of fitted units and space and plumbing for appliances and a bedroom measuring 8'3" x 9'7" with a built-in wardrobe, a 3 piece bathroom suite with bath and electric shower over. Externally the property comes with a separate garden and 2 allocated parking spaces. Currently the apartment is rented to a long term tenant paying £550 per calendar month or £6,600 per annum and comes with 159 year lease with low service charges of approximately £5 per calendar month and no ground rent. An ideal investment opportunity making for a higher than average yield. For further details and viewing requests contact Starkey&Brown. Council tax band: A. Leasehold.
Entrance To Property On The Ground Floor
Stairway leading to first floor access. Upon entering the property through the entrance hall.
Hallway
Having storage cupboard, radiator and loft access. Access to living accommodation.
Lounge (12' 4'' x 12' 6'' (3.76m x 3.81m))
Having 2 wood framed windows to front aspect, radiator and wood laminate flooring.
Kitchen (13' 0'' x 6' 0'' (3.96m x 1.83m))
Having wood framed window to rear aspect, a range of base and eye level units with counter worktops, oven with 4 ring hob and extractor hood over, space and plumbing for further appliances, wall mounted gas central heating boiler and a radiator.
Bedroom 1 (9' 7'' x 8' 3'' (2.92m x 2.51m))
Having wood framed window to rear aspect, radiator and built-in wardrobe with sliding doors.
Bathroom (5' 2'' x 9' 6'' (1.57m x 2.89m))
Having low level WC, pedestal hand wash basin unit, radiator, bath with electric shower head over, tiled floor and double glazed window to side aspect.
Outside Rear
Having an allocated garden enclosed with fenced perimeters.
Outside Front
Having allocated paved parking for 2 vehicles.
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More information
Tenure
Leasehold (159 years)
Service charge
£5 per year
Council tax band
A
Ground rent
£5
Ground rent date of next review