509 Newark Road, Lincoln

£1,250,000
For Sale
1/35
£1,250,000
For Sale
Daniel Cook
CeMap
Senior Valuer
01522 568822
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Property summary

Freehold
Substantial Family Home
9 bedrooms 2826 sqft (262.5 sqm)
Additional 4-Bedroom Detached Coach House 1113 sqft (103.4 sqm)
Potential for commercial
Health Care, Educational
0.776 acres (0.314 ha)
EPC Rating - D (4-Bedroom House), Council Tax Band - C
EPC Rating - D (Main House), Council Tax Band - F
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Daniel Cook
CeMap
Senior Valuer
01522 568822

More about the property

An excellent opportunity to acquire this substantial detached 9 bedroom family home with separate former 4 bedroom coach house on a large site area of 0.776 acres (0.314 ha). The property has has a number of uses including residential. former care home, clinic. The agents believe the property would suit not only a superb substantial family home, but would also suit commercial, health, specialist care home, educational uses or residential redevelopment.

Location

The property is situated in an established and popular residential area of the city. It is close to all local amenities and is within 2 miles of the city centre to the North and 2 miles from the A46 to Newark and the A1 to the South. The property is close to all local amenities including the supermarkets of Asda, Sainsburys. There are a number of excellent local schools, leisure centres and it is also close to the North Hykeham train station with easy access to Lincoln City and Newark to the south with access links to the main network to London’s Kings Cross. Lincoln is a cathedral city and district in Lincolnshire, of which it is the county town. In the 2021 Census, the city’s district had a population of 103,813. The 2021 census gave the urban area of Lincoln, including Bracebridge Heath, North Hykeham, South Hykeham and Waddington, a recorded population of 127,540. The city is the home to many Hi-Tech defence and gaming companies. The city has an excellent university and several col

ACCOMMODATION

The property comprises a substantial attractive residential house built in 1908 with former coach house to the rear. The property sits on a substantial site area of 0.776 acres (0.314 ha). The property has an outside timber store/workshop, outside WC and a greenhouse. The property has an elevated patio and BBQ area. The gardens have well kept and landscaped mature gardens. The property also has a separate gated access to the Coach House if needed via the rear cul de sac. The whole plot is fully fenced with gated access to Newark Road.

The accommodation comprises a main house extending to approximately 2,826 sq ft (262.5 sq m). The ground floor features an attractive entrance hall, lounge, games room, clinic, a spacious kitchen/diner, pantry, various storage areas, utility room, and laundry facilities. There is also an independently accessed clinic with a waiting room and WC, which can be reached via steps or a disabled access ramp at the rear of the property.

The first floor offers a large landing leading to a family bathroom, separate shower room, and nine bedrooms, three of which benefit from en-suite facilities.

The coach house accommodation briefly comprises an entrance hallway, lounge opening into a conservatory, fitted kitchen, dining room, and a fourth bedroom with its own en-suite on the ground floor. The upper floor includes three further bedrooms and a family bathroom.

SERVICES

Mains Water, gas, electricity and drainage are connected to the property. The main house has been recently fitted with a 70 KW commercial gas boiler at a cost of in excess of £15000.

TENURE

The property is offered for sale with vacant possession or can be sold with the existing tenants and the users of the clinic. The Coach House is let at £1200 pcm and the Clinic at £1000 pcm. The property is also successfully used as an Air B and B.

RATES

Main house has a council tax band of F, The former Coach House has a council tax band of C

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Stonebow works with Pygott & Crone Estate Agents to provide their clients with expert mortgage and protection advice. Stonebow has access to over 12,000 mortgages from 90+ lenders, so we can find the right mortgage to suit your individual needs. The expert advice we offer, combined with the volume of mortgages that we arrange, places us in a very strong position to ensure that our clients have access to the latest deals available and receive a first-class service. We will take care of everything and handle the whole application process, from explaining all your options and helping you select the right mortgage, to choosing the most suitable protection for you and your family.

Stonebow works with Pygott & Crone Estate Agents to provide their clients with expert mortgage and protection advice. Stonebow has access to over 12,000 mortgages from 90+ lenders, so we can find the right mortgage to suit your individual needs. The expert advice we offer, combined with the volume of mortgages that we arrange, places us in a very strong position to ensure that our clients have access to the latest deals available and receive a first-class service. We will take care of everything and handle the whole application process, from explaining all your options and helping you select the right mortgage, to choosing the most suitable protection for you and your family.

Broadband

Below is an estimate of broadband speeds and availability at this property. This data has been sourced from Ofcom and should only be used as a guide. For more precise speeds and availability consult a broadband provider. NB: Mbps = Megabits (or "meg") per second.

Standard: Download: 4 Mbps / Upload: 1 Mbps or less
Superfast: Download: 30 Mbps / Upload: 6 Mbps
Ultrafast: Download: 1800 Mbps / Upload: 220 Mbps

Stamp Duty Land Tax

Below is an illustration of the Stamp Duty Land Tax ("Stamp Duty") that would be payable, based on a set of assumptions. You should always check your stamp duty liability and any other costs due with your solicitor or conveyancer.

£66250 would need to be paid in stamp duty on purchasing this property, assuming that you are purchasing freehold, purchasing as an individual (or jointly with someone else), and this will be your only property.

Accommodation

Entrance Porch
Entrance Hall
9.1 x 2.16m
Kitchen/Dining Room
8 x 4.57m
Pantry
4.22 x 2.29m
Lounge
6.65 x 5.72m
Games Room
6.05 x 5.74m
First Floor Landing
Bedroom 1
5.31 x 4.42m
En-Suite Shower Room
2.95 x 2.08m
Bedroom 2
4.14 x 4.11m
En-Suite Bathroom
2.9 x 1.8m
Bedroom 3
4.39 x 3.56m
Bedroom 4
4.32 x 3.51m
Bedroom 5
4.6 x 3.25m
Bedroom 6
4.32 x 3.33m
Bedroom 7
4.6 x 3.05m
Bedroom 8
3.56 x 3.1m
Bedroom 9
3.15 x 2.39m
Bathroom with WC off
3.12 x 2.31m
Bathroom
3.12 x 1.85m
Shower Room
3.28 x 2.74m
Clinic Area
Hall
2.97 x 2.21m
WC
2.13 x 1.68m
Clinic
4.14 x 4.09m
Utility
3.1 x 2.72m
Outside
Shed
5.99 x 4.17m
Coach House
Entrance
Kitchen
4.88 x 2.97m
Coach House Lounge
4.83 x 4.29m
Conservatory
3.43 x 2.79m
Dining Room
3.3 x 2.21m
Coach House Bedroom 4
3.3 x 3.07m
En-Suite Shower
3.15 x 1.35m
First Floor
Coach House Bedroom 1
4.7 x 2.97m
Coach House Bedroom 2
4.93 x 3.02m
Coach House Bedroom 3
4.67 x 1.8m
Family Bathroom
2.92 x 1.85m
Outside
Garage
4.65 x 3.05m
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