£98,950 O.I.E.O

Riverside Drive, Lincoln LN5

£98,950 O.I.E.O

1 Bedroom Apartment For Sale

Riverside Drive, Lincoln LN5


Key features

  • One Bedroom Apartment
  • No Onward Chain
  • Second Floor Apartment
  • Open Plan Living
  • Kitchen with Appliances
  • Intercom Entrance System
  • Popular Anchor Quay Development
  • Overlooking the River Witham
  • Council Tax: A

DESCRIPTION INVESTMENT OPPORTUNITY - TENANT IN SITU - 6.3% GROSS YIELD RETURN - NO ONWARD CHAIN - One Bedroom second floor apartment over looking the River Witham. Boasting an open plan living kitchen with appliances, bedroom with built in wardrobe and bathroom. Close to the city centre, university and amenities. 

DRAFT PARTICULARS DRAFT DETAILS PLEASE NOTE THESE ARE DRAFT PARTICULARS AWAITING FINAL APPROVAL FROM THE VENDOR, THEREFORE THE CONTENTS HEREIN MAY BE SUBJECT TO CHANGE AND MUST NOT BE RELIED UPON AS AN ENTIRELY ACCURATE DESCRIPTION OF THE PROPERTY.  

ENTRANCE HALL With fitted doormat, carpet flooring, electric heater, pendant light fitting, phone intercom, Dimplex heating controls and a cupboard housing the Dimplex water tank, fuse box and shelving storage. 

LIVING ROOM 19' 5" x 11' 11" (5.923m x 3.642m) Open plan living room with uPVC double glazed windows to the rear aspect over looking the river, two pendant light fittings, electric heater and carpet flooring. 

KITCHEN 8' 2" x 7' 11" (2.495m x 2.427m) With a range of base and eye level units, roll edge worktops, tiled splash back surround and a one and a half bowl stainless steel sink and drainer. Integrated Zanussi electric oven, hob with extractor over plus a fridge freezer. Free standing Indesit washer dryer, four point light fitting and vinyl flooring. 

BEDROOM 19' 5" x 10' 7" (5.925m x 3.231m) max measurements uPVC double glazed windows to the rear overlooking the river, carpet flooring, electric heater, pendant light fitting and a built in wardrobe. 

BATHROOM Three piece white suite with a low level WC, sink and pedestal plus a bath with shower head and hose. Part tiled walls, electric heater, three point light fitting and vinyl tile flooring. 

OUTSIDE To the rear is a private decking and paved area with communal use over looking the River Witham. 

LEASEHOLD INFORMATION The Service charge is £205.95 (not including the reserve fund of £25.52) per quarter which includes buildings insurance, window cleaning and the internal and external upkeep of hallways and grounds surrounding the buildings. Ground rent is paid in advance at £134.89 per year. 

INVESTMENT OPPORTUNITY This property is open for investment offers only with having a tenant in situ, currently on a fixed term tenancy until august 2022 paying £525pcm. 

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. 

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Contact Martin & Co Lincoln

  • 33 The Forum
  • North Hykeham
  • Lincoln
  • LN6 8HW

Call 01522 503727

lincoln@martinco.com

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