1 bedroom apartment for sale

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1 bedroom apartment for sale

High Street, LINCOLN
£33,000

Price History

Initial price £50,000
19/09/24 £35,000
06/11/24 £33,000
Price Change -34.00%

Description

This studio apartment is being offered 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 £563 per month and is situated on the main high street in Lincoln, making it easily accessible to public transportation and the university. The development, which consists of 36 boutique student homes, is an ideal location for students who want to be close to campus and the city's amenities. The property is being sold subject to the common auction conditions and a buyer's administration fee of £1,200 inc VAT is applicable. Potential buyers are advised to consult with their legal adviser and accountant before bidding, as purchasing a property at auction carries the same legal implications as a signed contract by private treaty.