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Lot - Flat 11 Monson Mews, Monson Street, Lincoln, LN5 7RH Auction Lot £92,000+ - Auction Estates

Monson Street, Lincoln, LN5 7RH

Guide Price: £92,000+


Key Features

  • Long leasehold two bedroom apartment
  • Located a short walk from Lincoln City Centre
  • Ideal opportunity for investors
Draft Details Only

Long leasehold first floor two bedroom apartment close to Lincoln City Centre. Currently let and producing £6000 p/a.

• First floor two bedroom apartment
• Within a two minute walk from the City Centre
• Close to Lincoln City train station
• Entrance lobby via secured entry system
• Open plan lounge/kitchen/diner
• Two double bedrooms
• Family bathroom with shower over bath
• Allocated car parking space
• Currently let at £500 pcm
• Service Charge and Ground Rent - £385 p/a
• An ideal opportunity for investors


Please contact Auction Estates on 0115 7844 600

Important Notices


A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased.

The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Long Leasehold subject to an AST at a rent of £500 pcm (£6000 p/a)

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