Well-located 2-bed investment with tenant, two parking spaces and long lease.
Two-bedroom first-floor apartment, 654 sq ft
A practical two-bedroom first-floor apartment in Witham St Hughs, offered with a tenant in situ and no onward chain. The dual-aspect open-plan living/kitchen/diner makes efficient use of the 654 sq ft footprint and benefits from good natural light and modern fitted appliances. Two allocated parking spaces are included — a useful asset in this village location.
This is a clear investment opportunity: tenants pay £775 pcm on a periodic AST from June 2025, providing immediate rental income. The property sits on a long lease (125-year term with 105 years remaining) and an EPC rating of C, supporting lettings and resale prospects in a very affluent, low-crime area with good primary schooling and easy A46 access to Lincoln and Newark.
Buyers should note the relatively high annual service charge (£3,128.68) and ground rent (£150). Broadband speeds are listed as slow and communal management is by an agent (FirstPort). Internal heating notes vary between a mains-gas boiler/radiators and electric panel heaters in individual rooms—prospective purchasers should verify the heating arrangement and any service obligations before purchase.
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