2 bedroom apartment for sale
Lincoln Road, The Mews
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Modern Top floor apartment
- Two double bedrooms
- Turn-key, income-producing asset from day one
- Gross Yield: 6.48%
- Gated car park with 1 allocated parking space
- Popular North Hykeham location
- Council tax band - B
- EPC grade C
- Tenure - Leasehold
- Ground Rent - Peppercorn Service £600 per annum
Description
An excellent opportunity to acquire a well-presented second-floor apartment in the ever popular North Hykeham area, ideal for investors seeking a low-maintenance property with immediate rental income. Located within a secure, gated development, this property benefits from allocated parking, modern safety features, and an established tenant already in place.
Description - Investment Opportunity – Modern 2-Bedroom Apartment with Secure Parking
An excellent opportunity to acquire a well-presented second-floor apartment in the ever popular North Hykeham area, ideal for investors seeking a low-maintenance property with immediate rental income. Located within a secure, gated development, this property benefits from allocated parking, modern safety features, and an established tenant already in place.
Investment Details - This property is available for an investment with tenants in situ on a fixed term AST until September 2026 paying £675pcm.
Leasehold Information - Lease Term - 125 years from January 2007
Lease Remaining - 108 Years
Ground Rent - N/A
Service Charge - £600 per annum
Review Period - annually
This information has been provided by the vendor and must not be relied upon or taken as accurate. Purchasers must satisfy themselves in this respect.
Entrance Hall - Entrance hall with carpet flooring, radiator, loft hatch access, smoke alarm, pendant lighting, consumer unit and a fire-rated glazed door.
Kitchen / Living Room - 5.39 x 3.45 (17'8" x 11'3") - Open Plan Kitchen and Living Room.
Bright and comfortable living space featuring carpet flooring, radiator, ceiling spotlights and a front-facing window.
The Kitchen is fitted with both base and eye-level units, tiled work surfaces, vinyl flooring, ceiling spotlights, wall-mounted thermostat, electric cooker with gas hob and overhead extractor. The Eco Compact Combi Boiler is neatly housed within a cupboard. Fire-rated self-closing door fitted.
Bedroom - 4.46 x 2.11 (14'7" x 6'11") - Double bedroom with carpet flooring, radiator, pendant lighting and front-facing window. Fire-rated self-closing door installed.
Bedroom - 4.24 x 2.56 (13'10" x 8'4") - Second well-proportioned bedroom with carpet flooring, radiator, pendant lighting and rear-facing window. Fire-rated self-closing door installed.
Bathroom - 2.02 x 1.92 (6'7" x 6'3") - Bathroom suite comprising vinyl flooring, radiator, globe light fitting, Manrose extractor fan, pedestal basin, and a P-shaped bath with mixer taps, mixer shower, and hinged shower screen.
Outside - Secure gated parking with 1 allocated parking Space
Fixtures & Fittings - Please Note : Items described in these particulars are included in the sale, all other items are specifically excluded. We cannot verify that they are in working order, or fit for their purpose. The buyer is advised to obtain verification from their solicitor or surveyor. Measurements shown in these particulars are approximate and as room guides only. They must not be relied upon or taken as accurate. Purchasers must satisfy themselves in this respect.
Brochures
Lincoln Road, The MewsMaterial Information- 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: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Communal
- 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
Lincoln Road, The Mews
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Visit our security centre to find out moreDisclaimer - Property reference 34438376. 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 Martin & Co, 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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