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2 Bed Flat, Single Let, Lincoln, LN5 7WA £89,950

31 Grantavon House, Brayford Wharf East, Lincoln, LN5 7WA - 9 months ago
  1. Deal Search
  2. Lincoln
  3. LN5
  4. LN5 7WA
Leasehold
BTL
ROI: 9%
48 m²

ValuationUndervalued

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Property History

Listed for £89,950

March 27, 2025

Floor Plans

Description

  • Two Bedroom 3rd Floor Apartment +
  • Lounge With Views Over The Brayford +
  • Communal Entrance Area & Lift To All Floors +
  • City Centre Location +
  • Investment Opportunity +
  • EPC Energy Rating - B +
  • Council Tax Band - A +

A Third Floor, two Bedroom Apartment within the heart of the Historic Cathedral and University City of Lincoln. The Apartment Block has a communal Entrance Area and a lift to all floors. The internal accommodation of the Apartment briefly comprises of an Entrance Hall, Lounge, Kitchen, two Bedrooms and a Bathroom. The Apartment is currently let generating an income of £626 per calendar month and is being sold with the tenant in situ. 

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 Length of Lease - TBC
Years Remaining on Lease - 974 years
Annual Ground Rent - £TBC
Ground Rent Reviewed - Annually in TBC
Annual Service Charge Amount - £TBC
Service Charge Reviewed - Annually in TBC

All figures should be checked with the Vendor/Solicitor prior to Exchange of Contracts and completion of the sale. 

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

ENTRANCE HALL With intercom unit, electric heater and airing cupboard. 

LOUNGE 12' 11" x 9' 8" (3.95m x 2.97m) With two double glazed windows enjoying views over the Brayford and electric heater.  

KITCHEN 9' 0" x 6' 10" (2.75m x 2.10m) Fitted with a range of wall and base units with work surfaces over, stainless steel sink with side drainer and mixer tap over, electric oven and hob and spaces for fridge and washing machine. 

BEDROOM 1 12' 11" x 9' 6" (3.95m x 2.91m) With double glazed window overlooking the Brayford and electric heater. 

BEDROOM 2 9' 2" x 6' 8" (2.81m x 2.04m) With double glazed window and electric heater. 

BATHROOM 6' 2" x 5' 5" (1.89m x 1.67m) Fitted with a three piece suite comprising of panelled bath with shower over, close coupled WC and pedestal wash hand basin, towel radiator and splashbacks.

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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