1 bed flat for sale

Riverside Drive, Lincoln LN5

*investment only - current 5.9% net yield* One bedroom ground 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 kitchen/living area, one bedroom and a bathroom. No chain.

*investment only* One bedroom ground 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 kitchen/living area, one bedroom and a bathroom. Presently generating a 5.9% Net Yield. 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 - B
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 December 2024 paying £625pcm.

Entrance Hall

Carpet flooring with fitted mat well, pendant fitting, electric heater, telephone entry system and two storage cupboards, one housing the hot water cylinder and the other for storage with the mains consumer unit.

Bathroom (2.158 x 2.101 (7'0" x 6'10"))

Low level WC, pedestal wash basin and a panel bath with shower head and hose attachment. Tiled flooring, electric towel rail, light and extractor.

Bedroom (4.145 x 3.429 (13'7" x 11'2"))

PVC window, carpet flooring, pendant fitting and an electric heater plus built in wardrobes.

Open Plan Kitchen / Living Area (6.235 x 4.800 (max measurements). (20'5" x 15'8" ()

Open Plan Kitchen / Living Area 6.235 x 4.800 (max measurements).
Base and eye level units with roll edge work surfaces, tiled splash backs and an inset stainless steel sink and drainer. Fitted oven, hob with extractor over, integrated fridge freezer plus a freestanding Beko washing machine. Ceiling lighting, Dimplex heating control, carpet and tiled flooring, electric heater and PVC French doors with a Juliette balcony railing.

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 - 106 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.