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1 bed flat for sale

£59,999 From

1A Fitzwilliam Place, High Street, Lincoln LN5

1 1 1
Interested in this property? Call +44 1844 340137 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Off-Street Parking
  • Fully Furnished
  • Short walk from the University of Lincoln
  • Completion August 2017
  • Free Legal Fees
  • No Stamp Duty
  • 9%+ Rental yield
  • Proven Investment Model!

Property description

Reference: 99089

*This is an Investment Opportunity for cash buyers*

Luxury brand new fully furnished apartment. Located on the High Street, Fitzwilliam Place is less than 1 mile from the University of Lincoln providing students high-spec living only a short walk from their studies. All apartments are fully self contained too meaning tenants do not have to share any facilities.

Fitzwilliam Place is due for completion this August so it will be ready for the intake of students meaning this property is expected to be tenanted from day 1!

With the demand of student property completely out weighing the supply and with more and more overseas students coming to the UK to study, this is genuinely a perfect opportunity for investors to purchase at a very low entry price.

Construction is working two weeks ahead of schedule and the yield is expected at 9.6%

For further information such as a brochure, floor plans and availability then please contact The Property Supplier.

Student investment.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Market activity
Average price paid £180,193 Sales 483 Current average value £179,756 (Zoopla Zed-Index) Value change £1,226 ▲ 0.69%

Property value data/graphs for LN5

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £265,594 £192 3.6 £256,178
Semi-detached £164,136 £184 3.0 £166,957
Terraced £116,500 £152 2.7 £117,551
Flats £142,131 £194 1.7 £179,158

Current asking prices in LN5

Average: £206,089
Avg. current asking prices in LN5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £60,000
(1)
£108,744
(45)
£169,762
(64)
£335,229
(21)
£466,656
(9)
Flats £80,862
(12)
£246,807
(7)
£150,000
(1)
- -
All £79,258
(13)
£127,330
(52)
£169,458
(65)
£335,229
(21)
£466,656
(9)

Current asking rents in LN5

Average: £790 pcm
Avg. current asking prices in LN5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £380 pcm
(32)
£629 pcm
(21)
£694 pcm
(13)
£1,574 pcm
(28)
£928 pcm
(4)
Flats £449 pcm
(45)
£686 pcm
(9)
£529 pcm
(2)
- -
All £421 pcm
(77)
£646 pcm
(30)
£672 pcm
(15)
£1,574 pcm
(28)
£928 pcm
(4)

Fun facts for LN5

Highest value in LN5
Highest value streets Zed-Index
Barnes Lane £457,087
Mill Fields £435,125
Stragglethorpe, Lincoln LN5 £426,867
Village Farm £402,126
Sleaford Road £394,610
Highest turnover in LN5
Highest turnover streets Turnover
Heritage Court 73.3%
Coach Mews 70.0%
Lonsdale Place 61.5%
Blind Lane 60.0%
Crossfield Road 58.3%

What Zoopla users think of Lincoln

Overall rating:

  • currently 4 stars
Very good - 78% (198 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Lincoln:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Lincoln (0.8 miles)
  • Hykeham (2.6 miles)
  • Saxilby (6.0 miles)
  • Robin Hood Airport (26.1 miles)
  • Humberside Airport (26.1 miles)
  • East Midlands Airport (42.0 miles)
  • Hull Ferry Terminal (38.2 miles)
  • West Lynn Ferry Landing (50.3 miles)
  • King's Lynn Ferry Landing (50.4 miles)

Nearby schools

View all schools in Lincoln
  • The Lincoln St Peter at Gowts Church of England Primary School (0.4 miles)
  • The Lincoln Bishop King Church of England Primary School (0.5 miles)
  • Sir Francis Hill Community Primary School (0.5 miles)
  • Lincoln College (1.2 miles)
  • Lincoln UTC (1.3 miles)
  • Broughton House College (10.5 miles)
  • Lincoln The Sincil School (0.4 miles)
  • The Priory Academy LSST (0.5 miles)
  • St Peter and St Paul, Catholic Voluntary Academy (0.8 miles)
Note: Distances are straight line measurements

Local info for Lincoln

About the neighbours in LN5

AskMe Q&A for Lincoln

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For more information about this property, please contact
The Property Supplier, OX49 on +44 1844 340137 * (local rate)

Monthly running costs Beta

£385 Monthly total
Mortgage
Purchase price
Deposit (10%) 5,999
Repayment term 25
Interest rate 1.5
Your payment £215 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Energy Gas £19 Electricity £23 Estimated energy cost £42/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 5900 kWh/year
Electricity: 1700 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Lincoln

Estimated tax band A Council tax cost £102 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £10 Sewerage £16 Estimated water cost £26 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact The Property Supplier about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by The Property Supplier, and do not constitute property particulars. Please contact The Property Supplier for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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