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

This studio apartment is offered for cash buying investors only and is located in the Fitzwilliam Place development, a gated student complex 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, providing easy access to bus routes and the university. The development consists of 36 boutique student homes, and the studio apartment is one of the available units. 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 should consult with their legal adviser and accountant to understand the implications of purchasing a property at auction and the impact of VAT on the sale price.