1 bed flat for sale

The Park, Lincoln, Lincolnshire LN1

Top Floor One Bedroom Apartment – Close to Lincoln City Centre

Overview
This well-positioned top floor one bedroom flat presents an excellent opportunity as a first home or investment purchase. Ideally located within walking distance of Lincoln city centre, the property offers practical accommodation, electric heating and the flexibility to be sold with a tenant in situ if desired.

A significant advantage is that the owner will extend the lease to 999 years upon completion, providing long-term security and enhanced appeal for both owner-occupiers and investors.

Accommodation

The property is accessed via a communal entrance leading to the private hallway.

The lounge is well proportioned and offers a comfortable living space, ideal for relaxing or entertaining. The kitchen is fitted with a range of units and provides ample room for everyday cooking and dining.

The bedroom is a good-sized double room, offering plenty of space for furniture. The shower room is generously laid out and completes the internal accommodation.

The apartment benefits from electric heating and an elevated top floor position, providing additional privacy.

Lease & Charges

The property is leasehold, originally granted for 125 years from 1 February 1990, with approximately 90 years currently remaining. However, the owner will provide a new 999-year lease on purchase, offering substantial long-term peace of mind.

Location

Situated on The Park, the apartment is within easy walking distance of the wide range of shops, restaurants and amenities available in Lincoln city centre. It is also conveniently close to both rail and bus stations, making it well connected for commuting and travel.

Additional Information

Top floor flat

One double bedroom

Lounge and separate kitchen

Shower room

Electric heating

Close to city centre and transport links

Can be sold with tenant in situ

EPC Rating: D

Council Tax Band: A

Summary

With its central location, practical layout and the major benefit of a newly extended 999-year lease, this top floor apartment represents a strong and secure purchase. Whether as a first step onto the property ladder or a ready-made investment, it offers convenience, value and long-term reassurance in a sought-after city setting.

Viewing is highly recommended to fully appreciate the size and potential of this property.

Buyer Process: Our customers use British Homebuyers to either purchase or assist in selling properties quickly and reliably. Therefore any new applicants to purchase are subject to vetting to ensure they meet strict criteria.

Exclusivity Fee:

You can secure the purchase by paying an exclusivity fee of ?2,000. This grants the buyer exclusive rights to proceed with the purchase for the duration of the conveyancing process, during which time the seller agrees to remove the property from the market and not negotiate with other parties.

The exclusivity fee is returned to the buyer upon successful completion of the purchase.

A processing fee of ?200 is required in order to draw up an exclusive legally binding contract between the buyer and seller. This agreement sets out the terms of exclusivity and seller commitment but does not constitute an exchange of contracts.

This arrangement provides buyers with reassurance that the property is secured exclusively for them, reducing the risk of gazumping and unnecessary aborted costs.

Disclaimer

The particulars are set out as a general outline only for the guidance of intended purchasers and do not constitute, any part of a contract. Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise nor that any of the services, appliances, equipment or facilities are in good working order. Purchasers should satisfy themselves of this prior to purchasing. The photograph(s) depict only certain parts of the property. It should not be assumed that any contents/furniture etc. Photographed are included in the sale. It should not be assumed that the property remains as displayed in the photograph(s). No assumption should be made with regard to parts of the property that have not been photographed. Any areas, measurements, aspects or distances referred to are given as a guide only and are not precise. If such details are fundamental to a purchase, purchasers must rely on their own enquiries. Descriptions of the property are subjective and are used in good faith as an opinion and not as a statement of fact. Please make further inquiries to ensure that our descriptions are likely to match any expectations you may have.

Living Room (3.15m x 3.95m)

Kitchen (3.05m x 2.74m)

Bedroom (3.94m x 2.36m)

Bathroom (3.96m x 1.83m)