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£175,000

Lindum Road, Lincoln, LN2

  • 4 beds
Terraced house

£175,000

  • 4 beds
Terraced house
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Estimate monthly mortgage payment:

£799 per month

Minimum deposit amount:

£8,750
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**Currently utilised as an HMO, producing a rental income of ?20,640 per annum before bills.**

The accommodation briefly comprises a large kitchen/dining room with a tiled floor, a spacious living room with a fireplace, and four double bedrooms. Two of the bedrooms are located on the first floor, with the remaining two on the second floor.

The property features two bathrooms: one on the ground floor and another on the first floor. Both bathrooms are equipped with showers, basins, and toilets.

Externally, to the rear aspect, there is an enclosed, paved courtyard area, perfect for outdoor activities or relaxation.

Early and internal viewing is highly recommended to truly appreciate the accommodation this property has to offer.

Contact us today to arrange a viewing and avoid disappointment.

Being Sold via Secure Sale online bidding. Terms & Conditions apply.

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as `The Auctioneer`.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers` obligations and sellers` commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Council Tax
Lincoln City Council, Band C

Utilities
Electric: Mains Supply
Gas: Mains Supply
Water: Mains Supply
Sewerage: Mains Supply
Broadband: Unknown
Telephone: Unknown

Other Items
Heating: Not Specified
Garden/Outside Space: Yes
Parking: No
Garage: No
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£799 per month
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Stamp Duty tax
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£0
Mortgage and legal costs:
£999
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