Buy to Let

Flat in LN2 East Midlands - Apartment

£ 130,000

Added: 06/09/2025

Key info

2Bedrooms

1Bathrooms

0 sqmSize

Property description

Strategy: Buy to Let

The Property
A spacious and well presented ground floor flat/apartment situated within a desirable uphill location within the City of Lincoln.

Leasehold information: 125 years from 1 January 2015 expiring on 31 December 2139

Internally, the accommodation briefly comprises of a Lounge/Diner, Inner Hall, Modern Fitted Kitchen, Two Double Bedrooms and a Modern Fitted Shower Room.

Externally, the property has a single garage in block to the rear. The property is situated on the edge of the historic Bailgate area of Lincoln, a popular part of the city with picturesque streets and historic interest, as well as having a superb selection of amenities, schools and excellent transport links.

The property could appeal to a variety of purchasers from first time buyers, professional couples, those looking for one level living or buy to let investors.

Visit Purplebricks.co.uk to arrange a viewing or via the PB App.

Material information:
The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.


Property Description
Being sold using the Reservation fee process. Reservation fee is a new, innovative and pioneering process for buying and selling property. It significantly reduces the risk of gazumping or double-selling by offering security to both parties by gaining a commitment from both parties to buy and sell. This property is offered for sale using the Reservation fee process. When an offer is accepted, the buyer will be required to pay a non-refundable Reservation fee of £2,916.00 including VAT (in addition to the final negotiated selling price), sign the Reservation Form and agree the Terms and Conditions prior to solicitors being instructed. If you require a copy of these documents, or for further information, please contact the Reservation fee team at GOTO Group. This will secure the transaction and the property will be taken off the market. The Buyer’s Premium and administration charge are in addition to the final negotiated selling price. Buyer's Administration Charge If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay £396.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale. Buyer Fees • Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.

Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 31/12/2139

Property Description DisclaimerThis is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Sourced reference: 162129251

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Sales Agent

Purplebricks

Covering Lincoln

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Location

Disclaimer

Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.

... See more

Sales Agent

Purplebricks

Covering Lincoln

Smart support to move your deal forward

Fund it right

Explore investor friendly mortgages and funding options tailored to your goals.

Find Finance

Line up management

Find a trusted property management company to help keep your investment running smoothly.

Find Management

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