2-bedroom flat · LN2 5PB
For saleReduced £5k (−5.3%) on 21 AugListed 105 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the second floor of the sought-after Elevation Court development, this well-presented two-bedroom apartment offers modern, low-maintenance living, making it an ideal purchase for first-time buyers, professionals, or investors.
The accommodation comprises a welcoming entrance hall leading to a bright and spacious open-plan living/dining area, providing plenty of room for both relaxing and entertaining.
The fitted kitchen is well-equipped with a range of wall and base units, generous worktop space, and integrated cooking appliances.
The property benefits from two well-proportioned bedrooms, with the principal bedroom offering ample space for wardrobes and additional furnishings.
A contemporary three-piece bathroom completes the accommodation.
Conveniently located within easy reach of local amenities, transport links, and Lincoln city centre, this apartment combines comfort with practicality.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 204, Elevation Court, Lincolnshire
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