40 St Catherine's, Lincoln
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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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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.
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.
5.92m x 4.04m
4.57m MX 2.21m
2.97m x 2.72m
3.20m x 1.85m
4.95m x 4.04m max x max
4.57m x 2.49m
4.57m x 2.26m
4.37m x 2.18m into bay x max
5.33m x 3.00m into bay x max
3.96m x 2.95m
4.60m x 2.29m
4.60m x 2.08m min
2.06m x 1.98m
4.55m x 2.21m
4.55m x 2.13m max x max
4.24m x 2.69m
3.05m x 1.91m