£93,000
1 bed flat for saleClasketgate, 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.
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