Stamp End, Lincoln, Lincolnshire, LN2
- PROPERTY TYPE
Maisonette
- BEDROOMS
3
- BATHROOMS
1
- SIZE
Ask agent
Key features
- First Floor Maisonette
- Three Double Bedrooms
- Potential Yield of 7.68%
- EPC Grade TBC
- City of Lincoln Council
- Council Tax Band A
- Ideal First Time Buy
- No Onward Chain
Description
***A PROPERTY THAT WILL COMPLETELY SURPRISE YOU*** An extremely spacious First floor Maisonette situated close to Lincoln City Centre spread across two floors and boasting Three DOUBLE bedrooms. The property would make a fantastic first time buy or investment. A potential yield of 7.68% is up for grabs.
Briefly comprising; Hall, Lounge-Diner, Kitchen, Three Double Bedrooms, Shower Room, WC. Externally the property benefits from a brick outbuilding which is useful for storage.
Leasehold/City of Lincoln Council-Band A/EPC Grade TBC.
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.
LIN240515/2
Hall
Entrance door, stairs rising to first floor, double glazed window to rear aspect, under stairs storage cupboard, radiator.
Lounge-Diner
3.75m x 6.98m
Two double glazed windows to front aspect, two radiators.
Kitchen
2.83m x 2.53m
Being fitted with a range of eye level wall and base units with contrasting work surfaces fitted over, space for cooker, double glazed window to rear aspect, space for fridge freezer, space and plumbing for washing machine, sink with drainer and mixer tap over, wall mounted gas combination boiler.
Landing
Having loft access, storage cupboard.
Bedroom 1
2.88m x 3.56m
Double glazed window to front aspect, radiator, fitted wardrobes.
Bedroom 2
3.78m x 2.46m
Double glazed window to front aspect, radiator.
Bedroom 3
2.77m x 3.26m
Double glazed window to front aspect, radiator.
Shower Room
2.19m x 1.83m
Comprising of walk in shower cubicle with Rainfall shower unit over, vanity wash hand basin, double glazed frosted window to rear aspect, stainless steel heated towel rail.
Toilet
Having low level WC, double glazed frosted window to rear aspect.
Outbuilding
Externally to the rear there is a brick outbuilding with power and light ideal for storage.
Tenure
Leasehold. 125 years from 2002. 102 years remaining.
Local Authority
City of Lincoln Council.
Charges
We believe the current combined ground rent and service charge comes to £368 and is paid quarterly by the current owners.
Note to Investors
We believe the property could achieve a monthly rent of £800 resulting in an annual return of £9600. If you were to purchase the property at the current asking price you would receive a gross rental yield of 7.68%.
Brochures
Web DetailsFull Brochure PDF- 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
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- 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
Stamp End, Lincoln, Lincolnshire, LN2
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Visit our security centre to find out moreDisclaimer - Property reference LIN240515. 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 Your Move, 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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