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Leasehold

£93,000

1 bed flat for sale

Clasketgate, Lincoln LN2
1 bed
1 bath
1 reception
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£93,000

1 bed flat for sale
Clasketgate, Lincoln LN2

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: D

Leasehold

About this property

  • Second Floor Apartment

  • 1 Bedrooms

  • Open Plan Living

  • 3 Piece Bathroom Suite

  • City Centre Location

  • Tenants In Situ

  • £7,800pa / 8.38% Gross Yield Per Annum

  • Approx £500 Annual Charges

Lincoln City Centre Investment Opportunity with a 8.38% gross yield per annum or £7,800pa. With a proven track record of consistent tenancies, this spacious 1 bedroom apartment is an ideal buy to let or alternatively has potential for those with interests in serviced accommodation or city centre living. The accommodation includes 1 double bedroom, 3 piece bathroom suite and an open plan living area with fitted kitchen. There is a large period bay window which overlooks Clasketgate, a street which sits within the main retail, bars and restaurant area of Lincoln city centre and nearby to the historic Lincoln Cathedral. Further benefits to the property include low service charge & ground rent, 125 year lease and within walking distance to the University of Lincoln and Lincoln County Hospital. For further details on lease and investment returns please contact Starkey&Brown for further information. Council tax band: A. Leasehold.

Agents Note

Please be aware marketing photos were taken in 2023 and there may be some differences to the current condition of the property. Buyers are advised to view the property before proceeding with a purchase.

More information

  • Tenure

    Leasehold (125 years)

  • Service charge

    £500 per year

  • Council tax band

    A

  • Ground rent

  • Ground rent date of next review

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Starkey & Brown

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