Initial price	£50,000
19/09/24	£35,000
Price Change	-30.00%

This studio apartment is being offered to cash-buying investors only and is located in Fitzwilliam Place, a gated student development just a 17-minute walk from Lincoln University. The property generates a rental income of £650 per calendar month and is situated on the main high street in Lincoln, providing easy access to bus routes and amenities. The development is made up of 36 boutique student homes and is well-positioned for students to attend college on time every day. The property will be sold at a public auction on October 21st, 2024, with the option for remote bidding, and a buyer's administration fee of £1,200 inc VAT will be applicable. It's essential to consult with a legal adviser and accountant before bidding, as purchasing a property at auction carries the same legal implications as a signed contract by private treaty.