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.
1/20
£200,000
1 bedroom Flat for sale, Hungate, Lincoln, Lincolnshire, LN1
Features and Description
- First Floor Apartment
- One Double Bedroom
- Open Plan Kitchen/Living/Dining Area
- EPC Grade B
- City of Lincoln Council
- Council Tax Band A
- Triple Glazed
- City Centre Location
***HIGH SPECIFICATION FIRST FLOOR APARTMENT IN THE HEART OF THE CITY CENTRE***
Welcome to Apartment G, 19 Hungate. This STUNNING One bedroom First Floor apartment comes to market offering itself as an incredible first time buy, second home or investment. With it's central location in the heart of Lincoln City Centre and close to the prestigious Cathedral/Bailgate quarter. Having CCTV footage on each floor and a secure video intercom system this property is ideal for buyers looking for a second home or even them buyers looking to explore the Air B n B rental route.
With a much more attractive service charge compared to a number of purpose built, modern blocks in the City which currently stands at £475 per annum making this very attractive for first time buyers and also investors who are seeking a healthy return.
With a potential eye catching £950pcm on offer for investors making this a superb option to add to the portfolio.
Briefly comprising; Communal Entrance, Hall, Open Plan Kitchen/Living/Dining Area, Double Bedroom, Utility, Shower Room. There is also a secure communal outside area which also has bike sheds ensuring owners or tenants have a place to socialise in the summer months.
Leasehold/City of Lincoln Council-Band A/EPC Grade B.
Communal Entrance
Entrance via a secure video intercom system, stairs rising to all floor, CCTV.
Hall
Entrance door, fitted storage cupboards.
Open Plan Kitchen / Living / Dining Area
22'5" x 10'7" (6.84m x 3.23m)
Kitchen being fitted with a range of eye level wall and base units with contrasting work surfaces fitted over which incorporates a breakfast bar, electric oven with 4 ring induction hob and stainless steel extractor hood over, stainless steel sink with three way tap and water softener, integrated fridge freezer & dishwasher. Triple glazed window to front aspect, electric heater.
Utility
6'12" x 4'6" (2.13m x 1.37m)
Having space and plumbing for a washing machine.
Bedroom
12'3" x 10'4" (3.74m x 3.14m)
Triple glazed window to front aspect with fitted electric black out blind, fitted wardrobes, electric heater.
Shower Room
4'6" x 6'12" (1.37m x 2.13m)
Comprising of large walk in shower cubicle, low level WC, vanity wash hand basin, heated towel rail.
Outside
There is a communal garden which also has secure sheds for storing bikes.
Parking
The vendors currently purchase an annual pass for the NCP car park which is located opposite the building.
Tenure & Charges
999 years from new with 991 years remaining. Current combined ground rent and service charge is set at £625 per annum.
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.
Hungate, Lincoln, Lincolnshire, LN1
Additional Information
-
Property refLIN250293
-
EPCB
-
TenureLeasehold
-
Lease length991 years
-
Council TaxA
-
Local authorityCity Of Lincoln Council
-
Ground Rent£100
-
Ground Rent ReviewContact the branch
-
Service Charge£525
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
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Borrowing £180,000 and repaying over 25 years with a 2.5% interest rate.
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Nearby locations
Photos
Floorplan
Map view
Street view
Hall
Entrance door, fitted storage cupboards.
Utility
6'12" x 4'6" (2.13m x 1.37m)
Having space and plumbing for a washing machine.
Bedroom
12'3" x 10'4" (3.74m x 3.14m)
Triple glazed window to front aspect with fitted electric black out blind, fitted wardrobes, electric heater.
Shower Room
4'6" x 6'12" (1.37m x 2.13m)
Comprising of large walk in shower cubicle, low level WC, vanity wash hand basin, heated towel rail.
Outside
There is a communal garden which also has secure sheds for storing bikes.
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
87Potential
87CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs