Situation: The property is situate in the highly desirable and sought after, up hills area of Lincoln, on Belle View Terrace, within close proximity of both Lincoln Castle, and Lincoln Cathedral. The area is less than a mile from the popular Bailgate area of the City, with its wide range of bars, restaurants, deli’s, shops and historic attractions. Lincoln is a highly desirable and well-located City, with good access to the surrounding towns and villages. Description: A traditionally constructed terrace house, offered for sale having been renovated and improved by the current owners. The property is currently being run as a serviced accommodation (which can be terminated on completion if required) believed to be generating approximately £27,000 with the potential to achieve £30,000 per annum. The property could also be run as a single let at circa £1250+pcm (£15,000 per annum) providing and excellent opportunity for both owner occupiers and investors. Accommodation Lower Ground Floor: Cellar Ground Floor: Lounge Dining Room Kitchen First Floor: Bedroom 1 Bedroom 2 Bathroom Outside: Front and rear gardens. Material Information Tenure: The property is freehold, with a flying freehold. All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, 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. Information relating to Phone & Broadband can be found by visiting Ofcom. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them. C Non-refundable £3,600 inc VAT payable on the fall of the virtual gavel. Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Auction House Lincolnshire, North Notts & South Yorks
