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Steep Hill, Lincoln

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Steep Hill Apartment
  • Open Plan Living
  • 1 Double Bedroom
  • Views Over Castle Square
  • Tenant in Situ: £750pcm 6 Month AST
  • Gross Yield of 6.25%
  • Ideal Holiday Let
  • NO ONWARD CHAIN

Description

This 1 bedroom apartment is located at the top of Lincoln's famous Steep Hill. Enjoying views over Castle Square, the apartment comes with open plan living, 1 double bedroom and a modern shower room. The property currently has a tenant in situ, with the 6 month AST due to start imminently with a rental income of £750pcm - representing a 6.25% gross yield. Situated within yards of the world renowned Lincoln Cathedral & Lincoln Castle, the property offers historic landmarks and amenities on your doorstep. Furthermore, the property is within easy access to Lincoln County Hospital and the University of Lincoln. Ground Rent & Service Charge is expected to total approx £500 combined per annum, with a lease of 125 years.

Agent Note - Due to being located above a commercial premises, mortgage applications can be complex. For further advice, please contact your financial advisor or contact Starkey&Brown.

Entrance Hallway

Having door to side aspect and original flooring.

Open Plan Living Kitchen

10' 9'' max x 17' 4'' max (3.27m x 5.28m)

Having window to front aspect with view across Castle Square, a range of base and eye level units, electric hob with extractor over and electric oven, stainless steel sink and drainer unit with hot and cold mixer tap over, integral dishwasher, integral fridge, storage cupboard, original floorboards, spot lights and radiator.

Bedroom 1

9' 1'' x 8' 0'' (2.77m x 2.44m)

Having window to front aspect and radiator.

Shower Room

Having low level wc, pedestal wash hand basin, shower cubicle, tiled floor and surround and chrome heated towel rail.

Agents Note

Starkey & Brown have not inspected a copy of the lease and therefore potential purchasers are advised to make their own enquiries with regards to this matter before proceeding with an offer.

Brochures

Full Details

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

For details of the leasehold, including the length of lease, annual service charge and ground rent, please contact the agent

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: A

Steep Hill, Lincoln

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lincoln Central Station0.6 miles
  • Hykeham Station3.7 miles
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About the agent

Starkey & Brown, Lincoln

34 Silver Street, Lincoln, LN2 1EH

Starkey & Brown, Lincoln

Starkey&Brown is your local dedicated estate agents, committed to helping you sell your home with ease.

With offices in Lincoln and Scunthorpe, our consultants really do know what it takes when it comes to selling or buying property, whatever the weather.

Since our official opening of the Lincoln office in January 2006 and the Scunthorpe office in January 2013 by David Starkey and Michael Brown, Starkey&Brown has become one of Lincolnshire's fastest growing estate agents, with an

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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Disclaimer - Property reference 6670067. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Starkey & Brown, Lincoln. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.

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