- Two Bedroom Ground Floor Flat
- Self Contained
- Converted Property
- Electric Heating
- Rear Garden
- No Onward Chain
- Tenure - Leasehold, 999 Years, Peppercorn Ground Rent, Service Charge TBC
- Council Tax Band - A / EPC Rating - D
Two bedroom ground floor flat within this converted character terraced home. Having been separated into two self contained dwellings, this property comprises internally of an entrance, living room, kitchen, shower room and two bedrooms. Externally benefitting from a rear garden. Property would make for an ideal FTB or Investment Purchase with a projected gross yield of 7.8%. No onward chain.
Lincoln City Centre is a short walk away which offers many amenities to include shops, public houses and schooling of all ages to include the Outstanding Ofsted Rated LSST Priory.
EPC Rating - D
Council Tax Band - A
Tenure - Leasehold
Entrance
PVC entrance door to the side, tiled flooring, PVC window, two pendant fittings and an electric radiator.
Utility Area (1.368 x 1.186)
Space and plumbing for a washing machine, storage cupboards housing the water heater, spot light and tiled flooring.
Shower Room (1.880 x 1.174)
Fully tiled room with low level WC, pedestal wash basin and a double cubicle with electric shower. Spot lit ceiling, extractor and wall heater.
Bedroom (3.163 x 2.060)
PVC side windows and door, carpet flooring, pendant fitting and an electric radiator.
Kitchen (3.525 x 2.213)
Base and eye level units with roll edge work surfaces, tiled splash backs and an inset stainless steel sink and drainer. Fitted oven, hob with extractor over, space for a fridge freezer. Tiled flooring, PVC side window, electric radiator and a light fitting.
Living Room (3.799 x 3.548 (max measurements).)
PVC window to the rear, carpet flooring, pendant fitting and an electric radiator.
Hallway
Carpet flooring, spot light and a storage cupboard. Split level floor between living room and bedroom.
Bedroom (3.987 x 3.515 (max measurements).)
PVC bay window to the front, carpet flooring, pendant fitting and an electric radiator. Small storage cupboard houses the consumer unit.
Outside
Accessed via a shared passage way with a PVC door to the front, two further doors leading to the rear and lighting. The rear offers an enclosed South Facing garden with raised beds and a patio area.
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
This property has been separated into two self contained dwellings (including utilities), being individually sold with the title register to be split during the sale.
When both leases have been granted, the freehold will be transferred to each leaseholder. The consideration for the freehold has yet to be agreed but this should be a nominal amount. Each leaseholder will own the freehold on a 50:50 basis.
Once the freehold has been transferred, each leaseholder will have their Lease, a 50% joint freeholder and as such a stake in looking after the common areas.
Buildings insurance will be the responsibility of the freeholder to cover all the building. Each flat will pay a proportion of the premium payable.
Lease Remaining - 999 Years
Ground Rent - Peppercorn
Service Charge - TBC for ongoing maintenance of communal areas (detail to be confirmed via solicitor)
Review Period - Annual
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.
- Lease Years Remaining: 999
- Council Tax Band: A
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