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Chain free
Leasehold

£85,000

1 bed flat for sale

Aldergrove Crescent, Lincoln LN6
1 bed
1 bath
1 reception
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£85,000

1 bed flat for sale
Aldergrove Crescent, Lincoln LN6

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: D

Chain free
Leasehold

About this property

  • No onward chain

  • First Floor Apartment

  • 1 Bedroom, Living Room & Kitchen

  • Driveway & Garden

  • Rental Yield Gross 7.7%

  • 159 Year Lease

  • Low Service Charge Of Approx £5.00 pcm

  • Long Term Tenant Paying £550 pcm/ £6,600 pa

Offered for sale with no onward chain is this first floor 1 bedroom apartment located within the Doddington Park area of Lincoln. Accommodation benefits from a 12'4" x 12'6" living room, 13'0" kitchen with a range of fitted units and space and plumbing for appliances and a bedroom measuring 8'3" x 9'7" with a built-in wardrobe, a 3 piece bathroom suite with bath and electric shower over. Externally the property comes with a separate garden and 2 allocated parking spaces. Currently the apartment is rented to a long term tenant paying £550 per calendar month or £6,600 per annum and comes with 159 year lease with low service charges of approximately £5 per calendar month and no ground rent. An ideal investment opportunity making for a higher than average yield. For further details and viewing requests contact Starkey&Brown. Council tax band: A. Leasehold.

Entrance To Property On The Ground Floor

Stairway leading to first floor access. Upon entering the property through the entrance hall.

Hallway

Having storage cupboard, radiator and loft access. Access to living accommodation.

Lounge (12' 4'' x 12' 6'' (3.76m x 3.81m))

Having 2 wood framed windows to front aspect, radiator and wood laminate flooring.

Kitchen (13' 0'' x 6' 0'' (3.96m x 1.83m))

Having wood framed window to rear aspect, a range of base and eye level units with counter worktops, oven with 4 ring hob and extractor hood over, space and plumbing for further appliances, wall mounted gas central heating boiler and a radiator.

Bedroom 1 (9' 7'' x 8' 3'' (2.92m x 2.51m))

Having wood framed window to rear aspect, radiator and built-in wardrobe with sliding doors.

Bathroom (5' 2'' x 9' 6'' (1.57m x 2.89m))

Having low level WC, pedestal hand wash basin unit, radiator, bath with electric shower head over, tiled floor and double glazed window to side aspect.

Outside Rear

Having an allocated garden enclosed with fenced perimeters.

Outside Front

Having allocated paved parking for 2 vehicles.

More information

  • Tenure

    Leasehold (159 years)

  • Service charge

    £5 per year

  • Council tax band

    A

  • Ground rent

    £5

  • Ground rent date of next review

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Starkey & Brown

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