Auction House / Lincolnshire

  • For Sale By Unconditional Online Auction
  • Guide Price* : £125,000 - £175,000
  • Bidding Opens 28/07/2025 13:00

7 Belle Vue Terrace, Lincoln, Lincolnshire, LN1 1HQ

*ONLINE Unconditional Auction Opening 28 July 2025*
To register for the legal pack and bidding, please visit our website: auctionhouse.co.uk/lincolnshire

Description

Situation:
The property is situate in the highly desirable and sought after, up hills area of Lincoln, on Belle View Terrace, within close proximity of both Lincoln Castle, and Lincoln Cathedral. The area is less than a mile from the popular Bailgate area of the City, with its wide range of bars, restaurants, deli’s, shops and historic attractions. Lincoln is a highly desirable and well-located City, with good access to the surrounding towns and villages.

Description:
A traditionally constructed terrace house, offered for sale having been renovated and improved by the current owners.
The property is currently being run as a serviced accommodation (which can be terminated on completion if required) believed to be generating approximately £27,000 with the potential to achieve £30,000 per annum. The property could also be run as a single let at circa £1250+pcm (£15,000 per annum) providing and excellent opportunity for both owner occupiers and investors.


Accommodation
Lower Ground Floor:
Cellar

Ground Floor:
Lounge
Dining Room
Kitchen

First Floor:
Bedroom 1
Bedroom 2
Bathroom

Outside:
Front and rear gardens.

Material Information

Tenure: The property is freehold. All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, by inspecting the legal pack.

Council Tax:
The property falls within Lincoln Council – BAND A

Possession:
Vacant possession will be given upon completion.

Viewing:
Strictly by appointment with Auction House.

Services:
Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor.

These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating and Town and Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. Information relating to Phone & Broadband can be found by visiting Ofcom. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them.

EPC Rating

C

Important Notice to Prospective Buyers

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Administration Charge

Non-refundable £3,600 inc VAT payable on the fall of the virtual gavel.

Disbursements

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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* Guide | £125,000 - £175,000
  • 2 Bedrooms
  • Unconditional (Immediate Exchange)

Call the team on 01427 616436 for more information

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.