- Investment Opportunity
- Tenant in Situ - 6.5% Gross Yield
- Modern Apartment
- Allocated Parking for One Vehicle
- Popular Location
- No Onward Chain
- EPC - B
- COUNCIL TAX BAND - A
INVESTMENT OPPORTUNITY - 6.5% GROSS YIELD - TENANT IN SITU Modern first floor two bedroom apartment located within the popular Manor Farm estate in North Hykeham benefiting from access to a wide range of local amenities. Comprising internally of a hall, fitted kitchen, lounge diner, two bedrooms and a shower room. Allocated parking externally for one vehicle. Sold with no onward chain.
North Hykeham is situated to the south of Lincoln, benefitting from local schooling and amenities plus easy access to the A46 bypass.
INVESTMENT OPPORTUNITY
This property can be purchased for an investment with a tenant situ on a fixed term tenancy paying £625pcm until April 2024.
HALL
Carpet flooring, wall panel heater, pendant fitting, intercom phone and storage cupboard housing the mains consumer unit.
KITCHEN (3.018 x 1.877)
Base and eye level units with square edge worksurfaces, complimentary upstand and inset stainless steel sink and drainer. Fitted oven, electric hob and extractor over with space and plumbing for a washing machine, space for a fridge freezer. Tiled flooring, PVC window to the rear and a light fitting.
SHOWER ROOM (1.895 x 1.818)
Low level WC, pedestal wash basin and a mains fed walk in shower. Tiled flooring, PVC window to the rear aspect, Dimplex heater, light and extractor.
BEDROOM (3.097 x 2.141)
PVC window to the rear aspect, carpet flooring, pendant fitting, wall panel heater and an airing cupboard housing the cylinder.
BEDROOM (3.289 x 3.130)
PVC window to the front aspect, carpet flooring, pendant fitting and a wall panel heater.
LOUNGE/DINER (4.549 x 3.617)
PVC window to the front aspect, carpet flooring, pendant fitting, wall panel heater plus a fire hearth and surround.
OUTSIDE
Externally the property benefits from a marked, allocated bay for off road parking.
FIXTURES & FITTINGS
Please Note : Items described in these particulars are included in the sale, all other items are specifically excluded. We cannot verify that they are in working order, or fit for their purpose. The buyer is advised to obtain verification from their solicitor or surveyor. Measurements shown in these particulars are approximate and as room guides only. They must not be relied upon or taken as accurate. Purchasers must satisfy themselves in this respect.
LEASEHOLD INFORMATION
Lease Remaining - 139 Years
Ground Rent - £65 per annum
Service Charge - £967 half yearly
Review Period - annually
This information has been provided by the vendor and must not be relied upon or taken as accurate. Purchasers must satisfy themselves in this respect.
3.018m x 1.877m
1.895m x 1.818m
3.097m x 2.141m
3.289m x 3.130m
4.549m x 3.617m
Ground Rent - £65 per annum
Service Charge - £967 half yearly
Review Period - annually
This information has been provided by the vendor and must not be relied upon or taken as accurate. Purchasers must satisfy themselves in this respect.
Tax Band | % | Taxable Sum | Tax |
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