Steep Hill, Lincoln

Features

• Steep Hill Apartment
• Open Plan Living
• 1 Double Bedroom
• Views Over Castle Square
• Tenant in Situ: £750pcm 6 Month AST
• Gross Yield of 6.25%
• Ideal Holiday Let
• NO ONWARD CHAIN

Summary

This 1 bedroom apartment is located at the top of Lincoln's famous Steep Hill. Enjoying views over Castle Square, the apartment comes with open plan living, 1 double bedroom and a modern shower room. The property currently has a tenant in situ, with the 6 month AST due to start imminently with a rental income of £750pcm - representing a 6.25% gross yield. Situated within yards of the world renowned Lincoln Cathedral & Lincoln Castle, the property offers historic landmarks and amenities on your doorstep. Furthermore, the property is within easy access to Lincoln County Hospital and the University of Lincoln. Ground Rent & Service Charge is expected to total approx £500 combined per annum, with a lease of 125 years.



Agent Note - Due to being located above a commercial premises, mortgage applications can be complex. For further advice, please contact your financial advisor or contact Starkey&Brown.

Full Details

Entrance Hallway

Having door to side aspect and original flooring.

Open Plan Living Kitchen (10' 9'' max x 17' 4'' max (3.27m x 5.28m))

Having window to front aspect with view across Castle Square, a range of base and eye level units, electric hob with extractor over and electric oven, stainless steel sink and drainer unit with hot and cold mixer tap over, integral dishwasher, integral fridge, storage cupboard, original floorboards, spot lights and radiator.

Bedroom 1 (9' 1'' x 8' 0'' (2.77m x 2.44m))

Having window to front aspect and radiator.

Shower Room

Having low level wc, pedestal wash hand basin, shower cubicle, tiled floor and surround and chrome heated towel rail.

Agents Note

Starkey & Brown have not inspected a copy of the lease and therefore potential purchasers are advised to make their own enquiries with regards to this matter before proceeding with an offer.