2 bedroom Flat for sale,

Tanners Court, Lincoln, Lincolnshire, LN5

Communal Entrance

Secure gated entry system.

Hall

Internal entrance door, electric heater, airing cupboard off.

Open Plan Kitchen / Living / Dining Area

19'6" x 12'9" (5.94m x 3.89m)

Kitchen 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 stainless steel extractor hood over, stainless steel sink unit with drainer and mixer taps over, space for fridge freezer, space and plumbing for appliances, uPVC sliding doors to rear aspect, electric heater.

Bedroom 1

13'2" x 8'6" (4.01m x 2.60m)

Double glazed window to rear aspect, fitted wardrobes, electric heater.

Bedroom 2

9'8" x 9'6" (2.95m x 2.90m)

Double glazed window to rear aspect, electric heater.

Bathroom

7'1" x 5'7" (2.15m x 1.70m)

Three piece suite comprising of panelled bath with shower fitted over, low level WC, pedestal wash hand basin, tiled splashback, electric heater.

Outside Rear

The property benefits from it's own private garden to the rear which is laid to patio to provide easy low maintenance and is fully enclosed by fencing.

Allocated Parking

The current vendor rents a car parking space which they pay a fee of £50pcm for and this can be transferred to the new vendor. This is optional.

Note to Investors

We believe this property could receive a monthly rent of £750 resulting in an annual return of £9000. If you were to purchase the property for the asking price of £125,000 you would receive a gross rental yield of 7.2%.

Tenure

Leasehold. 106 years remaining.

Local Authority

City of Lincoln Council.

Charges

Combined ground rent & service charge is currently set at £1205 per annum and can be paid monthly.