- Mid Terrace House +
- 3/4 Bedrooms +
- Popular Univeristy City +
- Previously Used as Student Let +
- Potential Investment Opportunity +
- Double Glazing & Gas Central Heating System +
- EPC Rating: C +
*ONLINE Unconditional Auction Opening 11 November 2024*
To register for the legal pack and bidding, please visit our website: auctionhouse.co.uk/lincolnshire
Situation:
The property is situate on Ripon Street, Lincoln, a popular and well positioned area of the City, close to a wide range of facilities and amenities, including the University and City centre. Lincoln is a vibrant and popular historic city, and has seen significant growth over the last decade, with the increasingly popular university, and continued development. The City also boasts a well connected rail station and good road access to the surrounding areas.
Description:
A traditionally constructed mid terrace house, arranged as a 4 bed property having previously been used as a student let and previously generating circa £20,000 per annum. The property is in good order throughout, having been well maintained by the current vendor, and essentially is ready to let, making this an ideal investment opportunity. The property benefits from double glazing, gas central heating and well proportioned rooms throughout. An internal viewing is highly recommended.
Accommodation Ground Floor:
Entrance Hallway
Lounge
Breakfasting Kitchen
Bedroom
First floor:
Bedroom
Bedroom
Bedroom
Bathroom
Outside:
To the rear of the property is a good sized garden area, with additional workshop.
Material Information Tenure:
The property is freehold. All prospective bidders should satisfy themselves of the tenure by inspecting the legal pack.
Council Tax:
The property falls within Lincoln Council – BAND A
Possession:
Vacant possession will be given upon completion.
Viewing:
Strictly by appointment with Auction House.
Services:
Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor.
These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating and Town and Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them.
Tenure: Freehold
EPC Rating: C
Administration Fee: £1800 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1800 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.