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1 bedroom Flat for sale, Flaxley Road, Lincoln, Lincolnshire, LN2
Features and Description
- One Bedroom Coach House
- Open Plan Living
- Allocated Parking
- EPC Grade C
- City of Lincoln Council
- Council Tax Band A
- 999 Year Lease from New
- No Onward Chain
***MODERN OPEN PLAN COACH HOUSE. IDEAL FOR FIRST TIME BUYERS OR INVESTORS*** Welcome to 10 Flaxley Road. A conveniently situated One bedroom Coach House which would make superb first time buy or welcome addition to the investment portfolio with a projected gross yield of 7.9% on offer.
Briefly comprising; Hall, Kitchen/Living/Dining Area, Double Bedroom, Bathroom. Externally benefitting from an allocated Parking space.
Leasehold/City of Lincoln Council-Band A/EPC Grade C.
Entrance Hall
External stair case rising to entrance door.
Hall
Airing cupboard housing hot water cylinder.
Lounge / Kitchen / Diner
17'9" x 15'7" (5.42m x 4.74m)
Kitchen being fitted with wall and base units with contrasting work surfaces fitted over, integrated electric oven with 4 ring electric hob and extractor hood over, one and a half bowl stainless steel sink unit with drainer and mixer taps over, space for fridge freezer, space and plumbing for washing machine. Composite side entrance door, two double glazed windows to front aspect & one to rear aspect, electric heater.
Bedroom
11'8" x 10'11" (3.56m x 3.32m)
Double glazed window to front aspect, electric heater, fitted wardrobes.
Bathroom
6'11" x 5'7" (2.12m x 1.70m)
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, heated towel rail.
Outside
One allocated car parking space.
Tenure
Leasehold. 999 years from 01/01/2004. 978 years remaining.
Charges
We believe the current service charge is £1000 per annum.
Local Authority
City of Lincoln Council.
Note to Investors
We believe this property could achieve a monthly rent of £725pcm resulting in an annual return of £8700. If you were to purchase the property at the current asking price you would receive a gross rental yield of 7.9%.
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.
Flaxley Road, Lincoln, Lincolnshire, LN2
Additional Information
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Property refLIN240524
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EPCC
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TenureLeasehold
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Lease length978 years
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Council TaxA
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Local authorityCity Of Lincoln Council
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Ground RentContact the branch
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Ground Rent ReviewContact the branch
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Service Charge£1,000
Kitchen being fitted with wall and base units with contrasting work surfaces fitted over, integrated electric oven with 4 ring electric hob and extractor hood over, one and a half bowl stainless steel sink unit with drainer and mixer taps over, space for fridge freezer, space and plumbing for washing machine. Composite side entrance door, two double glazed windows to front aspect & one to rear aspect, electric heater.
Double glazed window to front aspect, electric heater, fitted wardrobes.
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, heated towel rail.
One allocated car parking space.
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
69Potential
74CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs