S. Margarets Lodge, 2 Upper Lindum Street
- PROPERTY TYPE
Apartment
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- EPC Ratings - C,C,D & E
- Investment Property For Sale
- 4 Luxury Boutique Apartments
- Within the Historic Cathedral Quarter
- Double Garage for Parking
- Extensive Lawned Garden
Description
Description Prestigious Residential Investment Property For Sale - Superb residential investment opportunity comprising Four Luxury Apartments - We are delighted to offer for sale this unique opportunity to purchase a most impressive Victorian residence which has been cleverly converted into four luxury apartments varying in sizes. All four apartments have, until recently, successfully operated as 'boutique' holiday lets, generating a healthy income, having their own dedicated holiday let website, which could, potentially, be transferred to the Purchaser. Further details are available on request. The property also benefits from a double garage and is located adjacent to Lincoln Minster School, within the historic Cathedral Quarter of Lincoln, close to the Cathedral, Castle and Bailgate retail area, all popular with tourists where an excellent range of independent boutiques, eateries and bars can be found.
Services Mains drainage, gas, electricity and water are connected with gas fired central heating systems serving all four apartments separately. Apartment 1 - EPC Rating - E, Apartment 2 - EPC Rating - C, Apartment 3 - EPC Rating - C and Apartment 4 - EPC Rating - D
Tenure The property is being offered for sale with Vacant Possession across all four apartments. Further details are available on request.
Rateable Values Given that the apartments have operated as holiday lets, they are registered for Business Rates with a current Rateable Value of £8,200. This means that the property could benefit from full Business Rates exemption dependent upon the nature of the Purchaser.
VAT The Vendor has informed us that VAT is not payable on the purchase price.
Legal Costs Each party are responsible for their own legal costs.
NOTE The aerial photograph with a red outline showing the boundary of the property is for indicative purposes only.
Brochures
Brochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Garage
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
S. Margarets Lodge, 2 Upper Lindum Street
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Explore area BETA
Lincoln
Get to know this area with AI-generated guides about local green spaces, transport links, restaurants and more.
Your mortgage
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference 102125031348. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Mundys, Lincoln. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
Map data ©OpenStreetMap contributors.