1 bedroom Flat for sale in Riverside Drive Lincoln LN5

Sale Price: £115,000

175 Riverside Drive, Lincoln LN5

Flat
1 Bed(s)
1 Bath(s)
Available

 eXp World UK limited, 1 Northumberland Avenue, Trafalgar Square, WC2N 5BW
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Street Address

175 Riverside Drive, Lincoln LN5

Property description

Please quote DB0362 - A video tour is available for this property.

Darren Beckett - Bespoke Estate Agent brings to the market this fantastic investment property. This modern ground floor apartment currently achieves £515 per calendar month, giving a gross rental yield of 5.37%. The property is superbly presented throughout, and has a great tenant in situ. The property can also be offered with No Onward Chain.

The spacious accommodation comprising: Entrance hallway with intercom system, open plan living with fitted kitchen and lounge/diner with French doors, good sized double bedroom with fitted wardrobes and a modern bathroom with 3 piece suite. Outside there is a designated parking space located close by. The property benefits from having upvc double glazing throughout and electric heating.

In our opinion the property would make a perfect ongoing investment proposition, first time buy and suit professionals due to its close proximity to Lincoln city centre and Lincoln University.

Location

Situated in the popular Anchor Quay development and within walking distance from the High Street and the University of Lincoln. There is a fantastic range of amenities, bars, restaurants and a river walk into the city centre.

Tenure - Leasehold. 125 year lease from 2005. Our client pays a £90 direct debit each month that covers the service charge and ground rent. Please note that Darren Beckett Ltd has not inspected the lease, and you should consult your conveyancer/solicitor before proceeding with an offer.

Services - Mains water, electricity, and drainage are connected.

Council tax - This home is in Council Tax Band A according to the Lincoln Council website.

Agents note - Please be advised that their property details may be subject to change and must not be relied upon as an accurate description of this home. Although these details are thought to be materially correct, the accuracy cannot be guaranteed, and they do not form part of any contract. All services and appliances must be considered 'untested' and a buyer should ensure their appointed solicitor collates any relevant information or service/warranty documentation. Please note, all dimensions are approximate/maximums and should not be relied upon for the purposes of floor coverings. The tenants utility bills are included in the rent. Anti-money

laundering regulations - All clients offering on a property will be required to produce photograph proof of identification, proof of residence, and proof of the financial ability to proceed with the purchase at the agreed offer level. We understand it is not always easy to obtain the required documents and will assist you in any way we can.

To arrange your viewing please call us quoting DB0362.
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