2 Bed Apartment For Sale

Offered for sale with no onward chain is this 2 bedroom basement apartment with open plan living situated in Lincoln city centre. Having an EPC rating of 76C the property makes for an ideal investment opportunity or first time buy. Projected rental income on the property would be in the region of £650 pcm or 7.8% gross yield per annum. Situated on the lower floor the property comes with an open plan living space which includes a range of kitchen units featuring integral appliances and having space and plumbing for a washer/dryer. Both bedrooms come with built in wardrobes and benefit from the use of a shower room. Further benefits of the property includes communal bin store, bike storage space and allocated parking. There are leasehold charges of approximately £1,357.38pa, with council tax band of A and new lease of approximately 150 years to be offered upon completion. Due to the property's position it is located within a 20 minute walk to the heart of Lincoln city centre. The city has an array of amenities such as University of Lincoln, historic Norman Castle and renowned Cathedral of Lincoln, access to a well serviced and connecting railway and bus station making the apartment an attractive purchase for any buyer. For further details contact Starkey&Brown. Council tax band: A. Leasehold.