40 St Catherine's, Lincoln

Guide Price
£180,000
For Sale
1/22
Guide Price
£180,000
For Sale
Matthew Dean
Sales Negotiator
01522 568822
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Property summary

Freehold
FOR SALE BY THE MODERN METHOD OF AUCTION
Attention Investors
Spacious Character Property
Bay Fronted Semi Detached Home
12 Potential Bedrooms
Modernisation Required
Sought After Location
EPC Rating - E
Council Tax Band - D

Get in touch

Matthew Dean
Sales Negotiator
01522 568822

More about the property

FOR SALE BY THE MODERN METHOD OF AUCTION – TERMS AND CONDITIONS APPLY

Investment opportunity – Huge 12 Bedroom property with a Certificate of Lawfulness of continued use as a Class 4 HMO (3-6 people) with excellent rental and vacant possession.

Pygott and Crone are delighted to offer for sale this spacious Bay Fronted Semi Detached property in this very sought after location. St Catherine’s is Situated just a short distance from the High Street to the South of Lincoln.

The property itself offers large and flexible living accommodation, a great investment as a C4 HMO, whilst also lending itself to potentially becoming a lovely Family Home.

Internal viewing is highly recommended.

Agent’s Note: The Owner has made us aware the property has been granted the certificate of lawfulness for HMO Cl;ass C4 use however doesn’t currently have the environmental health certificate. To let all 12 bedrooms indivually planning permission would need to be granted to change the use to a large HMO.

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Further Information - tap an option below

Your mortgage could be £620 per month*
Mortgage
Rate
Term
Adjust the options above to calculate a monthly payment
* Our mortgage calculator is only intended as a guide to help you calculate monthly mortgage payments based on the variable details entered (mortgage amount, interest rate, term). Buying a property is a significant event in any person’s life and it always makes sense to take some mortgage advice. Pygott & Crone offer a free initial consultation on a very personal basis, and can help you through the process of getting a mortgage, arranging insurance for your property and setting out other important options for consideration. Talk to us about your options

Property documents

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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: 11 Mbps / Upload: 1 Mbps or less
Superfast: Download: 40 Mbps / Upload: 9 Mbps
Ultrafast: Download: 600 Mbps / Upload: 50 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.

You would need to pay £1100 in stamp duty on purchasing this property, assuming that you are a) purchasing freehold, b) purchasing as an individual or jointly with someone else, and c) that this will be your only property.

First Time Buyers may claim a discount (relief) on purchases of £500,000 and under.

The stamp duty for first time buyers would therefore be £0.

Accommodation

ENTRANCE HALL
RECEPTION ROOM 1
5.92m x 4.04m
BEDROOM 12
4.57m MX 2.21m
KITCHEN
2.97m x 2.72m
GROUND FLOOR BATHROOM
3.20m x 1.85m
RECEPTION ROOM 2
4.95m x 4.04m max x max
BEDROOM 11
4.57m x 2.49m
BEDROOM 10
4.57m x 2.26m
BEDROOM 8
4.37m x 2.18m into bay x max
BEDROOM 9
5.33m x 3.00m into bay x max
FIRST FLOOR LANDING
BEDROOM 1
3.96m x 2.95m
BEDROOM 2
4.60m x 2.29m
BEDROOM 3
4.60m x 2.08m min
FIRST FLOOR BATHROOM
2.06m x 1.98m
SEPARATE WC
BEDROOM 4
4.55m x 2.21m
BEDROOM 5
4.55m x 2.13m max x max
BEDROOM 6
4.24m x 2.69m
BEDROOM 7
3.05m x 1.91m
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