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Lincoln, LN2

£120,000|Apartment | 2 bedroom | Leasehold|↓0% compared to last sold price
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Approximate area: LN2
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Added on 15th April 2023 by William H. Brown, Lincoln
On the market for 3 years, 4 months
Summary
**IDEAL INVESTMENT PROPERTY** Situated in a popular and sought after area within the cathedral city of Lincoln is this well appointed ground floor apartment benefiting from an ensuite to the master, open plan kitchen/lounge with fitted appliances and a variety of local amenities and transport links.
Price history
2007 £120,000
£100k£110k£120k£130k£140k20072012201720222026Asking £120,000
Sold pricesAsking price since listing
EPC data
Date of EPC: 22nd February 2019 - Valid
EPC rating: D
Property age: 2003-2006
EPC energy efficiency rating: current 66, potential 81
Rent data
20 properties with the same number of bedrooms and style in the same area to let
The asking rent ranges from £775 to £1,250 which represents a yield of between 7.8% and 12.5% if buying at the asking price
A yield of 8.6% to 13.9% if purchased for 90% of the asking price (£108,000)
A yield of 9.7% to 15.6% if purchased for 80% of the asking price (£96,000)
Stamp duty
£
Main and only residence: £0.00
First-time buyer: £0.00
Buy-to-let: £6,000.00
Planning applications
Checking for planning applications…
Changes to property since tracking began
None