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Guide price

£125,000

2 bed terraced house for sale
7 Belle Vue Terrace, Lincoln, Lincolnshire LN1

    • 2 beds

  • EPC Rating: C

  • Auction

Auction House Lincolnshire, North Notts & South Yorks

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About this property

    For sale by online auction on Tuesday, 29 Jul 2025 ending at 13:00

    *online Unconditional Auction Opening 28 July 2025*

    To register for the legal pack and bidding, please visit our website:



    Situation:

    The property is situate in the highly desirable and sought after, up hills area of Lincoln, on Belle View Terrace, within close proximity of both Lincoln Castle, and Lincoln Cathedral. The area is less than a mile from the popular Bailgate area of the City, with its wide range of bars, restaurants, deli’s, shops and historic attractions. Lincoln is a highly desirable and well-located City, with good access to the surrounding towns and villages.

    Description:

    A traditionally constructed terrace house, offered for sale having been renovated and improved by the current owners.

    The property is currently being run as a serviced accommodation (which can be terminated on completion if required) believed to be generating approximately £27,000 with the potential to achieve £30,000 per annum. The property could also be run as a single let at circa £1250+pcm (£15,000 per annum) providing and excellent opportunity for both owner occupiers and investors.

    Accommodation

    Lower Ground Floor:

    Cellar

    Ground Floor:

    Lounge

    Dining Room

    Kitchen

    First Floor:

    Bedroom 1

    Bedroom 2

    Bathroom

    Outside:

    Front and rear gardens.
    Material Information


    Tenure: The property is freehold. All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, by inspecting the legal pack.

    Council Tax:

    The property falls within Lincoln Council – band A

    Possession:

    Vacant possession will be given upon completion.

    Viewing:

    Strictly by appointment with Auction House.

    Services:

    Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. Nb: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor.

    These particulars are believed to be correct but their accuracy is not guaranteed and they do not form a

    EPC Rating: C

    Additional Fees
    Administration Charge - Non-refundable £3,600 inc VAT payable on the fall of the virtual gavel.

    Disbursments - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

    Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

    Price Information
    * Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

    Additional Fees Information
    Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.

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    Property descriptions and related information displayed on this page are marketing materials provided by - Auction House Lincolnshire, North Notts & South Yorks. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Auction House Lincolnshire, North Notts & South Yorks for full details and further information.