1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (107 years remaining)
- Investment Opportunity Net Yield 6.5%
- Allocated Parking
- Modern Property
- Open Plan Living
- Situated Close to City Centre
- No Onward Chain
- Tenure Leasehold, 107 Years Remaining
- Service Charge £1,443.64 PA
- Ground Rent £134.89
- EPC Rating C / Council Tax Band A
*INVESTMENT ONLY - CURRENT 6.5% NET YIELD* One bedroom second floor apartment situated within walking distance to the city centre and benefitting from allocated parking for one vehicle. Comprising internally of an entrance hall, open plan living / kitchen, one bedroom and a bathroom. Sold with no onward chain.
The Anchor Quay development is well situated being within walking distance to the Lincoln University and the High Street for a variety of amenities.
EPC Rating - C
Council Tax Band - A
Tenure - Leasehold
Investment Opportunity - Investment Opportunity - This property is available as an investment only purchase with a tenant situ on a fixed term AST until February 2025 paying £675pcm.
Entrance Hall - Carpet flooring with matwell, pendant fitting, wall mounted heater, intercom phone, wall mounted Dimplex heating controls and fuse box, plus storage cupboard housing the water cylinder.
Bathroom - 2.295 x 2.114 (7'6" x 6'11") - Low level WC, pedestal wash basin and a panel bath with head and hose attachment. Vinyl flooring, partial wall tiling, wall heater, light fitting and extractor.
Bedroom - 3.460 x 3.849 (11'4" x 12'7" ) - PVC window to the rear aspect, pendant fitting, carpet flooring, wall mounted heater and fitted wardrobe.
Open Plan Kitchen / Living Area - 7.106 x 3.852 max measurements (23'3" x 12'7" max - Base and eye level units with roll edge work surfaces, tiled splash backs and an inset stainless steel sink and drainer. Fitted Zanussi oven, hob with extractor over, integrated fridge freezer plus a washing machine. Ceiling lighting, Dimplex heating control, carpet and vinyl flooring, electric heater and PVC French doors.
Outside - Allocated parking space for one vehicle.
Fixtures & Fittings. - Please Note : Items described in these particulars are included in the sale, all other items are specifically excluded. We cannot verify that they are in working order, or fit for their purpose. The buyer is advised to obtain verification from their solicitor or surveyor. Measurements shown in these particulars are approximate and as room guides only. They must not be relied upon or taken as accurate. Purchasers must satisfy themselves in this respect.
Leasehold Information - Lease Remaining - 107 Years
Ground Rent - £134.89 per annum
Service Charge - £1,443.64 per annum
Review Period - annually
This information has been provided by the vendor and must not be relied upon or taken as accurate. Purchasers must satisfy themselves in this respect.
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Broadband availability and predicted speed: obtained from Ofcom on December 20, 2021
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 10, 2022
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Energy Performance data and Internal floor area: obtained on November 19, 2019 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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