Studio apartment for sale

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Studio apartment for sale

S. Margarets Lodge, 2 Upper Lindum Street
£1,250,000

Our Summary

  • Description Prestigious Residential Investment Property For Sale - Superb residential investment opportunity comprising Four Luxury Apartments - We are delighted to offer for sale this unique opportunity to purchase a most impressive Victorian residence which has been cleverly converted into four luxury apartments varying in sizes

Description

Located on Upper Lindum Street, this prestigious Victorian residence has been converted into four luxury apartments, each with its own unique character and charm. The property is situated in the historic Cathedral Quarter of Lincoln, within walking distance to Lincoln Minster Senior School, Lincoln Cathedral, Castle, and Bailgate retail area. The apartments have previously operated as boutique holiday lets, generating a healthy income, and could potentially be transferred to the buyer. The property also features a double garage and benefits from mains drainage, gas, electricity, and water connections, as well as gas-fired central heating systems serving each apartment separately. With a current Rateable Value of £8,200, the property could benefit from full Business Rates exemption, and VAT is not payable on the purchase price. The property is being offered for sale with vacant possession across all four apartments, providing a unique investment opportunity for the discerning buyer.
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