This property has been taken off the market.

2 Bed Flat For Sale Park Lane, Lincoln, LN5

£105,000- Flat

1 of 9
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 24th March 2024

Description

A First floor 2 bedroom apartment, comprising of a double master bedroom with en-suite, 2nd medium size, lounge/diner and a fitted kitchen. Benefitting from views of the River Witham. Perfect investment opportunity or ideal first time buy. NO ONWARD CHAIN

A First floor 2 bedroom apartment, comprising of a double master bedroom with en-suite, 2nd medium size, lounge/diner and a fitted kitchen. Benefitting from views of the River Witham. Perfect investment opportunity or ideal first time buy. NO ONWARD CHAIN.

Entrance Hall - Entering via the secure communal hallway onto carpet flooring. A radiator, light fitting, phone intercom, fire alarm, fuse box and water tank cupboard with heating controls.

Living Room - PVC window and French doors to the rear aspect. Carpet flooring, light fitting and electric heater.

Kitchen - Open plan to the lounge diner with base and eye level units, roll edge worktops and tile splash back, electric oven and induction hob, with an extractor over. Space and plumbing for a washing machine and space for a undercounter fridge; white good included. Stainless steel sink and drainer, vinyl flooring and a pendant fitting.

Bedroom - PVC window to the front aspect, electric heater, light fitting, carpet flooring and access into the ensuite.

Ensuite - Low level WC, sink and pedestal plus shower cubicle. PVC window to the front aspect, vinyl flooring, fan heater, light fitting and extractor.

Bedroom. - PVC window to the rear aspect, electric heater, pendant fitting and carpet flooring.

Bathroom - Low level WC, pedestal wash basin plus a bath with tile surround. Vinyl flooring, electric wall fan heater, light and extractor.

Leasehold Information - Lease Remaining - 983 Years
Ground Rent - £100 per annum
Service Charge - £979.52 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.

Fixture & 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.
Agent Details
Martin & Co
Unit 33 The Forum North Hykeham Lincoln LN6 8HW

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 2 bedroom property. See more properties like this.

£220,000
Lincoln, LN5
Detached
9.9
£220,000
Lincoln, LN5
Semi Detached
9.9
£90,000
Lincoln, LN5
Apartment
9.8
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested