2 bed flat for sale

Brayford Wharf North, Lincoln, Lincolnshire LN1

Apartment 106, One The Brayford, Lincoln, LN1 1BN

Guide Price £180,000 | Modern Method of Auction

A contemporary first-floor apartment situated within the highly sought-after One The Brayford development, enjoying a prime city centre location close to Lincoln Marina, the University of Lincoln, and an excellent range of local amenities.

The property is offered for sale with a tenant in situ, currently achieving £1,200 per calendar month, making this an attractive buy-to-let investment opportunity with immediate income.

The accommodation is arranged around a modern open-plan layout, designed for low-maintenance living and strong rental appeal. The apartment benefits from a stylish, contemporary finish throughout, well suited to professional tenants seeking city-centre convenience.

Located in the heart of Lincoln, One The Brayford is ideally positioned for access to the university, train station, shops, restaurants, and waterfront leisure facilities, ensuring continued demand from tenants and investors alike.

Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

LIN220920/8

Auctioneer Comments

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the (truncated)

Location

One The Brayford has quickly become one of Lincoln's well known addresses, situated in the heart of Lincoln, locations don't come much better than this. Walking distance to everything you could possibly need!

Communal Entrance

Concierge service, lifts leading to all floors.

Hall

Open Plan Kitchen/Living/Diner (6.07m x 5.57m)

Bedroom 1 (4.8m x 3.4m)

Bedroom 2 (3.8m x 3.2m)

Ensuite (2.4m x 1.81m)

Bathroom (2.46m x 2.21m)

Parking

One allocated car parking space.

Tenure

Leasehold. 999 years from 01/01/2017.

Charges

Service Charge approximately £6155 per annum.
Ground rent £350 per annum.

Local Authority

City of Lincoln Council.

Note To Investors

The property is currently rented out at £1200 per calendar month resulting in an annual income of £14,400.