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5 bedroom end of terrace house for sale

Dixon Street, Lincoln, Lincolnshire

Sold STC £95,000

Property Description

Full description

For Sale by Auction November 23rd 2016 (unless sold prior) - Superb Investment Opportunity - Bay fronted mid terrace property - 5 rooms to let - Fully let at a £16,116 p/a - City Centre location

Description - A bay fronted mid terrace property currently let and achieving a yield of £16,116 per annum. The property is an ideal investment purchase situated just off the High Street and has 5 lettable rooms, kitchen, living room, shower rooms to both ground and first floors.

Directions - From South Park roundabout proceed on the High Street towards the City Centre until you reach a left hand turn onto Dixon Street at the traffic lights. The property can be found on your left hand side just before the bridge.

Accommodation -

Ground Floor -

Shower Room - 3.31m x 0.83m (10'10" x 2'9") - Shower cubicle with mains shower, pedestal wash hand basin, high flush W.C, underfloor heating and extractor.

Living Room - 3.69m x 3.58m (12'1" x 11'9") - Double glazed casement window to rear elevation, double radiator and under stairs storage.

Kitchen - 3.82m x 2.03m (12'6" x 6'8") - Double glazed casement window to side elevation, fitted wall and base units, single stainless steel drainer sink, built in oven with four ring electric hob, boiler, double radiator and double glazed door to side elevation.

Room One - 4.16m x 3.58m (13'8" x 11'9") - (Currently let at £60 per week) Double glazed bay window to front elevation and double radiator.

First Floor -

Landing - With loft access and single radiator.

Room Two - 3.42m x 2.37m (11'3" x 7'9") - (Currently let at £303 per month) Double glazed casement window to front elevation, double radiator and built in storage

Room Three - 3.20m x 2.76m (10'6" x 9'1") - (Currently let at £60 per week)Double glazed window to rear elevation and double radiator.

Room Four - 2.77m x 2.11m (9'1" x 6'11") - (Currently let at £60 per week) Double glazed casement window to rear elevation and single radiator.

Room Five - 2.91m x 2.06m (9'7" x 6'9") - (Currently let at £260 per month) Double glazed casement window to front elevation and double radiator.

Shower Room - 2.32m x 1.20m (7'7" x 3'11") - Large walk in shower cubicle, electric shower, low flush W.C, pedestal wash hand basin, airing cupboard, part tiled and extractor.

Outside - To the rear elevation is a yard with brick outbuilding.

Services - We understand the property has mains water, electric, gas and mains sewer connections however none of these utilities have been tested by the auctioneers.

Tenure & Possession - Freehold subject to the existing assured shorthold tenancies.

Completion Date - This lot will be sold with a 10% deposit (subject to a minimum of £5,000) and up to 4 weeks for completion.

Fixtures & Fittings - All carpets, curtains, fixtures, fittings and garden ornaments are not included in the sale unless mentioned in these particulars. However, certain items may be available for purchase by separate negotiation

Viewing - Please contact the Auctioneers for details of open viewing days. Tel: 01522 504360.

Agent - James Drabble or James Mulhall 01522 504304

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More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
19 October 2016

Map & Street View

Disclaimer - Property reference 26563720. 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 The County Property Auction, 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.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call The County Property Auction, Lincoln on 01522 504360.


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