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Carholme Road, Lincoln, Lincoln, LN1

Key features

  • For Sale by Modern Auction – T & C’s apply
  • Subject to Reserve Price
  • Buyers fees apply
  • The Modern Method of Auction
  • 2 Bedroom Flat
  • Shop
  • Ideal investment
  • Rear Courtyard

Description

For Sale By Modern Method of Auction - T & Cs Apply

For sale is this end of terrace commercial flat on Carholme Road, Lincoln, situated in a vibrant urban area known for its access to a range of local amenities. The property features a private entrance and includes both a flat and a shop, presenting an appealing investment opportunity.

The flat has its own private access, and comprises two double bedrooms, with the master located on the main floor and an additional double bedroom in the loft space. The reception room and kitchen are neutrally decorated, making the spaces adaptable for a variety of needs. There is also a bathroom. The property benefits from an outbuilding, and a courtyard, offering flexibility suited to both residential and commercial purposes.

The shop is accessed via a private entrance, and has access to the courtyard. Providing 2 good size spaces, along with a kitchen area and W/C.

Carholme Road is well-positioned for access to local parks, including the nearby West Common and the picturesque Fossdyke Canal walk, both popular with residents for leisure and walking routes. The location also provides numerous urban conveniences, with the high street, independent cafés, shops, and restaurants close by.

Public transport links are robust, with Lincoln Central railway station a short walk away. This station provides regular direct services to destinations such as Nottingham in under an hour and Sheffield in just over an hour. Several local bus routes operate along Carholme Road, offering efficient connections across the city.

This property would suit investors seeking a flexible space with commercial and residential potential in a sought after Lincoln location. EPC Rating: E. Viewing by appointment.

The flat is under a Council Tax Band A, and the ground floor flat will be subject to business rates.

Subject to obtaining the relevant planning approvals, the shop could be converted into residential.

Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent
information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.

EPC rating: E. Tenure: Freehold,
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.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Private garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Carholme Road, Lincoln, Lincoln, LN1

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About Northwood Lincoln, Lincoln

25-26, Silver Street, Lincoln, LN2 1EW

Northwood Lincoln is a family run business, with the head office support of the UK's largest property management franchise company behind it. We have over 25 years' industry experience in Lettings, Sales and Financial Services. Given we regularly have the Red Arrows flying overhead; it's no wonder that Northwood Lincoln always delivers sky high results for its customers!

To help provide market leading service, we have heavily invested in new technologies to deliver fast information updates and property maintenance resolution, helping preventing costly repair bills. We are also extremely proud to welcome Walter's Lincoln to the family, Established in 1790, Walter's is one of Lincolnshire's longest established estate agents, started as and still an independent family firm built on customer loyalty, premium service and a great reputation.

We offer a full range of both sales and lettings services alongside our very popular Guaranteed Rent Service - ideal for busy landlords who are looking for a reliable, fixed income each and every month.

If you require and advice or a legislation update, pop in for a coffee and an impartial chat with absolutely no commitment unless you feel you could benefit from a long lasting mutually convenient business partnership.

Your mortgage

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£890
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Disclaimer - Property reference P679. 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 Northwood Lincoln, 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.

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 Northwood Lincoln, Lincoln on 0151 453 6158.

*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.”

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