£125,000

2 bed flat for sale

  1.  Front Elevation
  2.  Garden
  3.  Kitchen
Leasehold

£125,000

2 bed flat for sale

Tanners Court, Lincoln, Lincolnshire LN5

2 beds
1 bath
1 reception
EPC rating: C

Key Information

Tenure:
Leasehold
Time remaining on lease:
106 years
Service charge:
£1,205 per year
Council tax band:
A
Ground rent:
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • The Lincoln St Peter at Gowts Church of England Primary School 0.2 miles
  • Springwell Lincoln City Academy 0.3 miles
  • Lincoln 0.3 miles
  • Hykeham 3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Lincoln to find out more about the local area.

Features and description

  • Leasehold
  • Ground Floor Apartment
  • Two Double Bedrooms
  • Private Rear Garden
  • EPC Grade C
  • City of Lincoln Council
  • Council Tax Band A
  • Parking Available
  • Ideal First Time Buy/Investment
Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

LIN240320/8

Description

***attention first time buyers & buy to let investors*** Welcome to Tanners Court. A modern & spacious Two bedroom Ground Floor Apartment located in a purpose built, gated development close to Lincoln City Centre. The property briefly comprises; Hall, Open Plan Kitchen/Living/Dining Area, Two Double Bedrooms, Bathroom. The property further benefits from it's own private Rear Garden and the current owner rents a Parking space for £50pcm which is transferrable to the new buyer. EPC grade C.

Location

Situated in the popular area just off Lincoln High Street. Benefiting from local amenities in the immediate area. A wider range of shopping facilities and services are available in Lincoln City Centre only a stones throw. Walking distance to both the bus and train station where all routes are available.

Communal Entrance

Secure gated entry system.

Hall

Internal entrance door, electric heater, airing cupboard off.

Open Plan Kitchen/Living/Dining Area (5.94m x 3.89m)

Kitchen being fitted with a range of eye level wall and base units with contrasting work surfaces fitted over, electric oven with 4 ring electric hob and stainless steel extractor hood over, stainless steel sink unit with drainer and mixer taps over, space for fridge freezer, space and plumbing for appliances, uPVC sliding doors to rear aspect, electric heater.

Bedroom 1 (4.01m x 2.6m)

Double glazed window to rear aspect, fitted wardrobes, electric heater.

Bedroom 2 (2.95m x 2.9m)

Double glazed window to rear aspect, electric heater.

Bathroom (2.15m x 1.7m)

Three piece suite comprising of panelled bath with shower fitted over, low level WC, pedestal wash hand basin, tiled splashback, electric heater.

Outside Rear

The property benefits from it's own private garden to the rear which is laid to patio to provide easy low maintenance and is fully enclosed by fencing.

Allocated Parking

The current vendor rents a car parking space which they pay a fee of £50pcm for and this can be transferred to the new vendor. This is optional.

Note To Investors

We believe this property could receive a monthly rent of £750 resulting in an annual return of £9000. If you were to purchase the property for the asking price of £125,000 you would receive a gross rental yield of 7.2%.

Tenure

Leasehold. 106 years remaining.

Local Authority

City of Lincoln Council.

Charges

Combined ground rent & service charge is currently set at £1205 per annum and can be paid monthly.

Floor plans and tours

Floor plans (1)

Floor plan 1

Tours

No virtual tour available

More information

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Your Move - Lincoln

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