£80,000
Est. Mortgage £365 per month*

1 bedroom flat for sale

Lincolnshire, LN5
flat flat
bedroom 1 bedroom

Property description

* GREAT INVESTMENT OR FIRST TIME BUY OPPORTUNITY* This one-bedroom flat is situated in a quiet residential development just off Cross Street, within walking distance of Lincoln city centre. Built after 1980, the property is part of a well-maintained block comprising 16 flats, making it an ideal choice for first-time buyers or investors seeking a low-maintenance home with strong rental potential of £650 PCM, giving a fantastic 9% gross yield. The accommodation briefly comprises an open plan kitchen-living space, double bedroom and bathroom. You further benefit from secure gated access with a specific and spacious allocated car port space. Ideally located in the centre of the city, and just a short walk from Lincoln's well connected train station where you know benefit from a two hour direct train into central London. You further benefit from a range of popular local schools nearby and Lincoln's ever growing University is just a short walk away, ideal for both students and teachers alike. Vicarage Court presents an excellent opportunity for those seeking an affordable property in a convenient location with strong rental prospects. Agents Note - Please note - We have been advised that the property is Leasehold with 120 years left on the lease and that the cost per annum for ground rent and service charge is approximately £1666.

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First listed

Over a month ago

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Lincolnshire, LN5

Marketed by

Pygott & Crone - Lincoln 35-36 Silver Street Lincoln LN2 1EW
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