Guide price
£70,000
1 bed flat for saleVicarage Court Cross Street, Lincoln, Lincolnshire LN5
1 bed
1 bath
1 reception
EPC Rating: D
- Auction
- Leasehold
Pygott & Crone - Lincoln
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About this property
Modern Method Of Auction - T & c's Apply
Reservation Fee Payable
One bed apartment
City centre location
Gated access
Designated off street parking
Great investment opportunity
EPC Rating - D, Council Tax Band - A
** great investment or first time buy opportunity**
Modern Method of Auction - T & Cs Apply
This one-bedroom flat is situated in a quiet residential development just off Cross Street, within walking distance of Lincoln city centre. Built after 1980, the property is part of a well-maintained block comprising 16 flats, making it an ideal choice for first-time buyers or investors seeking a low-maintenance home with strong rental potential of £600-£650 pcm.
The accommodation briefly comprises an open plan kitchen-living space, double bedroom and bathroom. You further benefit from secure gated access and an allocated parking space.
Vicarage Court presents an excellent opportunity for those seeking an affordable property in a convenient location with strong rental prospects.
Agents Note - Please note - We have been advised that the property is Leasehold with 120 years left on the lease and that the cost per annum for ground rent and service charge is approximately £1666.
Buying Conditions
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the ”Reservation Period”). Interested parties personal data will be shared with the Auctioneer (iamsold).If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Paym
Entrance Hall
Lounge Dining Room
5.38m x 3.96m - 17'8” x 12'12”
Kitchen
2.54m x 2.03m - 8'4” x 6'8”
Bedroom
4.37m x 2.95m - 14'4” x 9'8”
Bathroom
2.06m x 1.73m - 6'9” x 5'8”
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More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review