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£155,000
1 bedroom Flat for sale, Museum Court, Lincoln, Lincolnshire, LN2
Features and Description
- Second Floor Apartment
- One Double Bedroom
- EPC Grade C
- City of Lincoln Council
- Council Tax Band B
- City Centre Location
- Ideal First Time Buy/Investment
- No Onward Chain
***THE PERFECT FIRST TIME BUY OR BUY TO LET INVESTMENT*** Potential yield of circa 6.19% on offer. An impeccably presented second floor apartment located in the heart of Lincoln City Centre offering easy access to all local amenities. Briefly comprising; Hall, Open Plan Kitchen/Living/Dining Area, Double Bedroom, Bathroom.
Located in a secure gated development in the heart of Lincoln City Centre making this a superb, prime location.
Leasehold/City of Lincoln Council-Band B/EPC Grade C.
Communal Areas
Offering entrance into the block, lifts and stairs rising.
Hall
Entrance door, storage cupboard off which houses the hot water cylinder.
Living Room
17'5" x 12'9" (5.32m x 3.89m)
Two double glazed windows, electric heater.
Kitchen
8'3" x 7'5" (2.51m x 2.25m)
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 extractor hood over, one and a half bowl stainless steel sink unit with drainer and mixer tap over, integrated fridge freezer, space and plumbing for washing machine, double glazed window.
Bedroom
10'11" x 9'12" (3.33m x 3.04m)
Double glazed window, heater.
Bathroom
7'9" x 5'6" (2.37m x 1.68m)
Three piece suite comprising of panelled bath with shower fitted over, low level WC, wash hand basin, chrome heated towel rail, extractor fan.
Local Authority
City of Lincoln Council.
Tenure
Leasehold. Expires 31/12/2133. 125 years from new.
Charges
The current vendor purchased the freehold so does not pay a ground rent. The current service charge is set at £2372 annually and is currently payable in two 6 monthly installments.
Note to Investors
We believe the property could achieve a monthly rental of £800 resulting in annual return of £9600 per annum. If you were to purchase the property at the current asking price you would receive an annual gross yield of 6.19%.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
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 travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Museum Court, Lincoln, Lincolnshire, LN2
Additional Information
-
Property refLIN240397
-
EPCC
-
TenureLeasehold
-
Lease length109 years
-
Council TaxB
-
Local authorityCity Of Lincoln Council
-
Ground RentContact the branch
-
Ground Rent ReviewContact the branch
-
Service ChargeContact the branch
Do you have a property you need to sell?
Your Move Estate Agents Lincoln
Your Move Lincoln
44-45 Silver Street, Lincoln, LN2 1EH
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
Buyer Tools
Mortgage Calculator
Monthly payment
£
Borrowing £139,500 and repaying over 25 years with a 2.5% interest rate.
Now you know what you could be paying, book an appointment with our partners Embrace Financial Services to find the right mortgage for you.
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Similar properties for sale by Your Move Lincoln
Nearby locations
Photos
Floorplan
Map view
Street view
Living Room
17'5" x 12'9" (5.32m x 3.89m)
Two double glazed windows, electric heater.
Kitchen
8'3" x 7'5" (2.51m x 2.25m)
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 extractor hood over, one and a half bowl stainless steel sink unit with drainer and mixer tap over, integrated fridge freezer, space and plumbing for washing machine, double glazed window.
Bedroom
10'11" x 9'12" (3.33m x 3.04m)
Double glazed window, heater.
Bathroom
7'9" x 5'6" (2.37m x 1.68m)
Three piece suite comprising of panelled bath with shower fitted over, low level WC, wash hand basin, chrome heated towel rail, extractor fan.
The pin shows the exact address of the property
Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
79Potential
84CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs