S. Margarets Lodge, 2 Upper Lindum Street
- PROPERTY TYPE
Apartment
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- EPC Ratings - C,C,D & E
- Investment Property For Sale
- 4 Luxury Boutique Apartments
- Within the Historic Cathedral Quarter
- Double Garage for Parking
- Extensive Lawned Garden
Description
Description Prestigious Residential Investment Property For Sale - Superb residential investment opportunity comprising Four Luxury Apartments - We are delighted to offer for sale this unique opportunity to purchase a most impressive Victorian residence which has been cleverly converted into four luxury apartments varying in sizes. All four apartments have, until recently, successfully operated as 'boutique' holiday lets, generating a healthy income, having their own dedicated holiday let website, which could, potentially, be transferred to the Purchaser. Further details are available on request. The property also benefits from a double garage and is located adjacent to Lincoln Minster School, within the historic Cathedral Quarter of Lincoln, close to the Cathedral, Castle and Bailgate retail area, all popular with tourists where an excellent range of independent boutiques, eateries and bars can be found.
Services Mains drainage, gas, electricity and water are connected with gas fired central heating systems serving all four apartments separately. Apartment 1 - EPC Rating - E, Apartment 2 - EPC Rating - C, Apartment 3 - EPC Rating - C and Apartment 4 - EPC Rating - D
Tenure The property is being offered for sale with Vacant Possession across all four apartments. Further details are available on request.
Rateable Values Given that the apartments have operated as holiday lets, they are registered for Business Rates with a current Rateable Value of £8,200. This means that the property could benefit from full Business Rates exemption dependent upon the nature of the Purchaser.
VAT The Vendor has informed us that VAT is not payable on the purchase price.
Legal Costs Each party are responsible for their own legal costs.
NOTE The aerial photograph with a red outline showing the boundary of the property is for indicative purposes only.
Brochures
Brochure- 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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Garage
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
S. Margarets Lodge, 2 Upper Lindum Street
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About Mundys, Lincoln
29 Silver Street, Lincoln, LN2 1AS
Mundys are a multi practice independently owned Estate Agency specialising in house sales, residential letting and commercial property sales and lettings within Lincoln, Newark, Southwell and Market Rasen.
We are dedicated to offering our customers the highest quality service and strongly believe in helping you through the entire selling process from start to finish.
10 REASONS WHY TO SELL WITH MUNDYS1. 98% OF THE ASKING PRICE
Our Valuers, Simon Bentley MRICS, Phillip Derby AssocRICS, Chris Laughton and Tom Bell are very experienced and have extensive knowledge of the Lincoln property market. On average we have managed to achieve 98% of the asking price on our residential property sales (based on sales achieved during February 2024).
3. EYE CATCHING ADVERTISING
We advertise our customers' properties in a number of publications including our own glossy magazine, produced in conjunction with the Guild of Property Professionals - which ensures our marketing encompasses the whole of the East Midlands.
2. MAXIMISED WEB MARKETINGWe ensure all our properties reach the widest range of buyers. In addition to our website we also market all properties on Rightmove and Zoopla. We also have a strong Social Media presence including FaceBook and Instagram.
4. EXPERIENCED TEAMWe have an excellent sales team who are here to help. They are all Lincoln people and can offer you local knowledge and expert advice, whatever your requirements.
5. PROFESSIONALISMMundys is a Regulated Member of the RICS, a Member of The Property Ombudsman and also the National Association of Estate Agents. These Memberships provide buyers with an assurance that they will receive the highest level of customer service.
6. LONGER OPENING HOURSWe are open 7 days a week and are open until 7.00 pm on weekdays. We also offer weekday evening viewings until 7pm
7. OFFICES IN LINCOLNSHIRE & NOTTINGHAMSHIREWe have offices in Lincoln, Newark, Southwell and Market Rasen
8. HOME MOVE MANAGERSOnce a property purchase is agreed, our Home Move Managers, Vicki Wilkinson and Clare Fordyce
will keep you regularly updated throughout the whole process until completion and will be on hand to answer any questions you may have. A recent survey highlighted figures of 1 in 3 fall through rate. Our Home Move Managers have achieved a conversion rate of 80% of our agreed sales to completion.
9. ONWARD NEGOTIATION SERVICEFor all our vendors our Partners, Valuers and Negotiators assist vendors in their onward purchase from another Agent. This service has proved incredibly popular and is all about making the whole move work.
10. ALWAYS A TOP QUALITY SERVICEIt is testament to the hard work of all the Mundys Team that we have been awarded The ESTAS Best in Postcode in both 2023 and 2024
If you are a vendor considering selling your property Mundys are here to assist you. PLEASE CONTACT US TO ARRANGE YOUR FREE MARKETING APPRAISAL.
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Visit our security centre to find out moreDisclaimer - Property reference 102125031348. 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 Mundys, 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.
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