No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Kitchen/Dining Room/Living
Kitchen/Dining Room/Living
Guide price£130,000
Added > 14 days

2 bedroom flat for sale

Riverside Drive, Lincoln
Chain-free
Save
Flat
2 bed
1 bath
EPC rating: B*
645 sq ft / 60 sq m

Key information

Tenure: Ask agent
Council tax: Ask agent
Broadband: Super-fast 80Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • *NO CHAIN*
  • Ideal Investment Property
  • Two Double Bedrooms
  • Juliet Balcony
  • Allocated Parking Space
  • Close to Town Centre
*AVAILABLE TO INVESTORS ONLY* with tenant in situ with rent of £670 per month " A First Floor 2 double bedroom apartment off the High Street being close to many shops, restaurants and other fantastic amenities.

The apartment consists briefly of: Open plan living/dining/kitchen area with a Juliet balcony and integrated appliances, both double bedrooms have built in wardrobes, hallway with two large storage cupboards, bathroom with shower over bath, electric heating, double glazing and one allocated parking space.

Leasehold property on a 125 year lease with rental yield before service charges of: 6.18%

Accommodation - The Apartment is located on the first floor and is accessed from a security controlled ground floor main door having door entry system and intercom linked to the apartment.

Hallway - Having entrance matting with the remainder of flooring laid to carpet, two large storage cupboards, one housing the hot water tank the other the electrical consumer unit, carpeted flooring, programmable room thermostat for Dimplex electric heaters and door entry phone.

Kitchen/Dining Room/Living - 6.07m x 3.59m (19'11" x 11'9") - Having UPVC double doors opening inwards with a Juliet balcony behind and additional side windows at the lounge end which has carpeted flooring and pendant lighting. The kitchen end is laid to vinyl flooring, with a range of gloss wall and base units, integrated fridge freezer, electric oven, 4 ring hob with extractor above, laminate worktops with tiled splash-back, one and half bowl stainless steel sink with a swan neck mixer tap, extractor fan and a 4 spot lighting unit on the ceiling.

Bedroom 1 - 3.68m x 3.23m (12'1" x 10'7") - Window to front elevation, fitted double wardrobes, dimplex electric heater, carpeted flooring and pendant lighting.

Bedroom 2 - 3.68m x 2.47m (12'1" x 8'1") - Window to front elevation fitted double wardrobes, dimplex electric heater, carpeted flooring and pendant lighting.

Bathroom - 2.27m x 2.07m (7'5" x 6'9") - Having a three piece suite comprising of paneled bath with mixer taps and shower over with fully tiled enclosure with shower screen, close coupled toilet, pedestal sink with separate hot and cold taps, mirror and shaver socket and wall light unit, extractor fan, vinyl flooring and fluorescent light unit on ceiling.

Service Charges - The annual service charges are through RMG Living which are £104.72 per month with additional water and sewerage charges invoiced quarterly (last invoice was £65.10) This water bill can be passed onto tenants as their metered usage.
There is also a quarterly reserve fund charge of £46.76 per quarterly or £15.58 per month.

Ground Rent & Lease Info - The lease is for 125 years from 29/09/2005 expiring 28/09/2130 The Annual ground rent is set at a fixed £150 per year. The freehold is owned by Allison Homes Eastern Ltd

Communal Bin Storage - All apartments have purpose built communal bin storage areas keeping the area well managed and clean.

Disclaimer 1 - 1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS. NEITHER BELVOIR NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Financial Services - Financial Services - As part of our continued commitment to providing the best advice to all of our clients we work closely with Mortgage Advice Bureau & part of our guaranteed commitment to our vendors is to establish the financial position of any offer received on their home. Whilst we offer FREE mortgage advice from any stage of the buying or selling process we operate a mandatory qualification process on all offers prior to submission of any offer to our vendors. The mortgage advice bureau are regulated by the financial ombudsman and operate on an independent basis within our premises at 71 Northgate, Sleaford, NG34 7BS.

Property information from this agent

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    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on December 20, 2021

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on January 10, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on May 26, 2020 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.