1 bed Flat For Sale £60,750
Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.
LIN220753/8
Description
***for sale via modern method of auction*** An opportunity for investors to add to their investment portfolio with this spacious one bedroom first floor apartment. The property is in need of some modernisation and refurbishment but would offer a fantastic rental return making this a superb purchase. Briefly comprising; Communal Entrance, Hall, Lounge, Kitchen, One Bedroom, Bathroom. Parking is available via a Permit which is purchased through Lincoln City Council. EPC grade E.
Location
Hermit Street is sat within walking distance of Lincoln City Centre close to local shops, public houses, restaurants and much more.
Auction Terms
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase (truncated)
Communal Entrance
Entrance via key access.
Hall
Internal entrance door, storage cupboard and airing cupboard off.
Lounge (4.55m x 3.5m)
Double glazed window to side aspect, radiator.
Kitchen (3.5m x 2.45m)
Being fitted with a range of base units and work surfaces over, double glazed window to side aspect, stainless steel sink unit with drainer and mixer taps over, space and plumbing for appliances, cupboard housing gas boiler, radiator.
Bedroom (3.35m x 3.25m)
Double glazed window to side aspect, radiator.
Bathroom (2.4m x 1.85m)
Double glazed to side aspect, panelled bath with shower fitted over, low level WC, pedestal wash hand basin, radiator.
Parking
Available via permit through Lincoln City Council.
Tenure
Leasehold. 125 years from 22nd June 1998.
Council Tax
Lincoln City-Band A.
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.
LIN220753/8
Description
***for sale via modern method of auction*** An opportunity for investors to add to their investment portfolio with this spacious one bedroom first floor apartment. The property is in need of some modernisation and refurbishment but would offer a fantastic rental return making this a superb purchase. Briefly comprising; Communal Entrance, Hall, Lounge, Kitchen, One Bedroom, Bathroom. Parking is available via a Permit which is purchased through Lincoln City Council. EPC grade E.
Location
Hermit Street is sat within walking distance of Lincoln City Centre close to local shops, public houses, restaurants and much more.
Auction Terms
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase (truncated)
Communal Entrance
Entrance via key access.
Hall
Internal entrance door, storage cupboard and airing cupboard off.
Lounge (4.55m x 3.5m)
Double glazed window to side aspect, radiator.
Kitchen (3.5m x 2.45m)
Being fitted with a range of base units and work surfaces over, double glazed window to side aspect, stainless steel sink unit with drainer and mixer taps over, space and plumbing for appliances, cupboard housing gas boiler, radiator.
Bedroom (3.35m x 3.25m)
Double glazed window to side aspect, radiator.
Bathroom (2.4m x 1.85m)
Double glazed to side aspect, panelled bath with shower fitted over, low level WC, pedestal wash hand basin, radiator.
Parking
Available via permit through Lincoln City Council.
Tenure
Leasehold. 125 years from 22nd June 1998.
Council Tax
Lincoln City-Band A.
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