509 Newark Road, Lincoln

£1,250,000
For Sale
1/66
£1,250,000
For Sale
William Downing
BSc (Hons) MRICS FNAEA MARLA
Director
03301280939
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Property summary

For Sale
Substantial Family Home
9 bedrooms 2826 sqft (262.5 sqm)
Former Coach House 4 bed
Coach House 1113 sqft (103.4 sqm)
Potential for commercial
Health Care, Educational
0.776 acres (0.314 ha)
EPC D

Get in touch

William Downing
BSc (Hons) MRICS FNAEA MARLA
Director
03301280939

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.  

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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 colleges which has led to the expansion if the city in the last 20 years.

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:

Main House 2826 sqft (262.5 sqm)

Ground floor with Attractive Entrance Hall, Lounge, games room, clinic, Large kitchen/diner, pantry, various stores and utility room, laundry, stores and independent separately accessed clinic, with waiting room and WC with steps and disabled ramp from outside to the rear of the main house. 

First Floor, Large landing, with 9 bedrooms with 3 double and ensuites and 6 bedrooms with 2 family bathroom and storage. 

Former Coach House 1113 sqft (103.4 sqm)

Ground Floor

Entrance hall with Kitchen, Lounge, conservatory, Dining Room, bedroom 4 with ensuite

First Floor with landing and 3 bedrooms with family bathroom

The property has a rear vehicle access in addition to the main front entrance 

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

Energy Performance Certificate
The property has an EPC rating of D
LEGAL COSTS
Each party are responsible for their own legal costs
VAT
The price is exclusive of VAT which is not chargeable.
LOCAL AUTHORITY
Lincoln City Council

City Hall 

Beaumont Fee

Lincoln 

LN1 1DD 

Tel 01522 881188

VIEWINGS
Contact Pygott & Crone Commercial 

36a Silver Street 

Lincoln 

LN2 1EW

Tel 01522 536777

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