1 bedroom apartment for sale

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1 bedroom apartment for sale

Riverside Drive, Lincoln LN5
£100,000

Our Summary

  • Investment Opportunity
  • Investment Opportunity - This property is available as an investment only purchase with a tenant situ on a fixed term AST until February 2025 paying £675pcm

Description

This investment-only property is a one-bedroom second-floor apartment located within walking distance to the city center and Lincoln University. The apartment benefits from allocated parking for one vehicle and features an entrance hall, open-plan living/kitchen, one bedroom, and a bathroom. The property is currently rented out on a fixed-term AST until February 2025, generating a 6.5% net yield. The apartment is situated in the Anchor Quay development, close to the city center and amenities, and is available with no onward chain. The property has a C EPC rating, Council Tax Band A, and is sold as a leasehold.
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