This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
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£90,000
2 bedroom Flat for sale, Gaunt Street, Lincoln, LN5
Features and Description
- Ground Floor Apartment
- Central Location
- Tenant in Situ
- EPC Grade TBC
- City of Lincoln Council
- Council Tax Band A
- No Onward Chain
- Superb Investment Opportunity
***INVESTMENT OPPORTUNITY. TENANT IN SITU***A centrally located Two bedroom Ground Floor Apartment which would make a perfect addition to the investment portfolio. Current yield of 6.9% per annum City of Lincoln Council-Band A.
Location
Centrally located off Lincoln's High Street within walking distance to the City Centre. All local amenities on the properties doorstep.
Kitchen / Living / Dining Area
15'10" x 15'8" (4.83m x 4.78m)
Bedroom 1
16'10" x 12'12" (5.13m x 3.96m)
Bedroom 2
11'4" x 10'5" (3.46m x 3.18m)
Bathroom
7'3" x 6'1" (2.20m x 1.86m)
Parking
Permit for on street parking must be purchased through City of Lincoln Council.
Tenure
Leasehold. 999 years from new. 983 years remaining.
Local Authority
City of Lincoln Council.
Note to Investors
The Property currently achieves 6.9% yield per annum. If you were to be successful in winning the auction this could be raised to a gross yield of circa 9.7%.
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.
Gaunt Street, Lincoln, LN5
Additional Information
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Property refLIN240113
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TenureLeasehold
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Lease length983 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 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
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Monthly payment
£
Borrowing £81,000 and repaying over 25 years with a 2.5% interest rate.
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Nearby locations
Photos
Floorplan
Map view
Street view
Kitchen / Living / Dining Area
15'10" x 15'8" (4.83m x 4.78m)
Bedroom 1
16'10" x 12'12" (5.13m x 3.96m)
Bedroom 2
11'4" x 10'5" (3.46m x 3.18m)
Bathroom
7'3" x 6'1" (2.20m x 1.86m)
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
N/APotential
N/ACO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs