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2 Bed Flat, Single Let, Lincoln, LN5 7WA £80,000

34 Brayford Wharf East, Lincoln, LN5 7WA - 2 views - 4 years ago
  1. Deal Search
  2. Lincoln
  3. LN5
  4. LN5 7WA
Sold STC
Leasehold
BTL
ROI: 8%
52 m²

ValuationUndervalued

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Links

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Property History

Price changed to £80,000

March 16, 2025

Listed for £85,000

March 28, 2022

Floor Plans

Description

  • 2 Bedroomed 4th Floor Apartment +
  • Open Plan Kitchen and Lounge +
  • City Location +
  • Views Over the City +
  • Currently Let at £550 pcm +
  • EPC Energy Rating - C +

This a fourth floor, two bedroomed, City Centre Apartment with views over the Historic Cathedral and University City of Lincoln. The Apartment Block has a Communal Entrance Area and lift to all floors. The internal accommodation of the Apartment briefly comprises of an Entrance Hallway, Bathroom, Open Plan Lounge and Kitchen and two Bedrooms. The Apartment is currently let generating an income of £550 per calendar month and is ideally suited to a First Time Buyer or an Investor. 

LOCATION The historic Cathedral and University City of Lincoln has the usual High Street shops and department stores, plus banking and allied facilities, multiplex cinema, Marina and Art Gallery. The famous Steep Hill leads to the Uphill area of Lincoln and the Bailgate, with its quaint boutiques and bistros, the Castle, Cathedral and renowned Bishop Grosseteste University.  

LEASEHOLD INFORMATION The Service and Management Fees are combined into one monthly payment at £220.54 pcm.

Term remaining on Lease - to be confirmed. 

SERVICES Mains electricity, water and drainage. Electric heating.  

COMMUNAL ENTRANCE With intercom entry system, postal boxes and lift and stairs to all floors. 

ENTRANCE HALLWAY With intercom unit, electric heater and doors to two Bedrooms, Bathroom, Lounge and airing cupboard. 

BATHROOM 5' 8" x 5' 11" (1.74m x 1.81m) With suite to comprise of bath with shower over, WC and wash hand basin, partly tiled walls and electric heater. 

BEDROOM 1 11' 3" x 10' 9" (3.43m x 3.29m) With two uPVC windows and electric heater. 

BEDROOM 2 9' 1" x 7' 2" (2.78m x 2.20m) With uPVC window and electric heater. 

LOUNGE AREA 13' 0" x 13' 5" (3.98m x 4.10m) With uPVC window enjoying views over the City and Cathedral and electric heater. 

KITCHEN AREA 7' 0" x 9' 8" (2.14m x 2.97m) Fitted with a range of wall, base units and drawers with work surfaces over and complementary tiling below, full height storage cupboard, stainless steel sink unit and drainer, integral oven and four ring electric hob with extractor fan over and spaces for a fridge and automatic washing machine.

Agent Details

Mundys, Lincoln

01522 459939

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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