High Street, LINCOLN 1 bed apartment for sale

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High Street, LINCOLN 1 bed apartment for sale

High Street, LINCOLN
£35,000

Our Summary

  • For sale by public auction on Monday 21st October 2024 at 6
  • Please contact the auction team on[use Contact Agent Button] for further information
  • Register to bid here;Find the Legal Pack here;Common Auction Conditions This property is sold subject to our Common Auction Conditions (a copy is available on request)Buyers Administration FeeA buyer’s administration fee of £1,200 including VAT is applicable to this lot
  • The purchaser will pay the fee whether the property is bought before, at or following the auction dateLegal PackPurchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty

Description

This studio apartment is being offered for sale to cash-buying investors only and is located in the gated student development of Fitzwilliam Place, just a 17-minute walk from Lincoln University. The property generates a rental income of £575 per calendar month and is situated on the main high street in the vibrant city of Lincoln, with easy access to bus routes and a variety of shops and amenities. The development consists of 36 boutique student homes and is ideal for students attending Lincoln University, with the high street running from St. Catherines to Lincoln central train station. The property will be sold at public auction on October 21st, 2024, with remote bidding options available, and a buyer's administration fee of £1,200 including VAT applies. Potential buyers are advised to consult with their legal and financial advisors before bidding and to view the legal pack online or at the selling office.