2-bedroom flat · LN1 1BN
For saleListed 397 days
Opportunity summary
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About
Two bedroom sixth floor penthouse collection apartment overlooking the desirable Brayford Pool Marina, within the popular One The Brayford development. Sold with no onward chain.
Two bedroom sixth floor penthouse collection apartment overlooking the desirable Brayford Pool Marina, within the popular One The Brayford development. Sold with no onward chain.
Comprising internally of an entrance hall, two bedrooms, luxury bathroom and an open plan living kitchen diner, fully fitted with a range of integrated appliances.
The One offers a concierge service with lift access to each floor and a secure gated car park enclosing the single allocated bay.
The penthouse collection includes stylish fit out items, premium kitchens and fitted wardrobes.
The One development is located in the heart of the city within walking distance to local amenities and regular transport links.
Tenure - Leasehold EPC Rating - B Council Tax Band - D Investment Opportunity This property is available for an investment with tenants in situ on a fixed term AST until April 2026 paying £1150pcm.
Leasehold Information Lease Remaining - 991 Years Ground Rent - £350 per annum Service Charge - £2,700 per annum Review Period - annually This information has been provided by the vendor and must not be relied upon or taken as accurate.
Purchasers must satisfy themselves in this respect. Hallway Carpet flooring, spot lit ceiling, radiator, mains consumer unit and lit cupboard housing the Worcester boiler and hot water cylinder.
Open Plan Living Kitchen Diner (4.880 x 4.023 (16'0" x 13'2")) Base and eye level units with a quartz work surface, tiled splash backs and an inset sink and drainer grooves.
Fully fitted with a range of appliances to include a double oven, induction hob with extractor over, integrated fridge freezer, microwave, dishwasher and washer dryer.
Wood effect laminate flooring, Nest thermostat, spot lit ceiling, double glazed window and a radiator. Bedroom (3.728 x 2.961 (max measurements).
(12'2" x 9'8" (m) Double glazed window, carpet flooring, radiator, spot lit ceiling and a fitted wardrobe.
Bathroom (2.382 x 1.387 (7'9" x 4'6")) Fully tiled room with a three piece suite comprising of a concealed cistern WC, vanity wash basin and a panel bath with thermostatic shower over.
Spot lit ceiling with extractor and a heated towel rail. Bedroom (2.749 x 2.537 (9'0" x 8'3")) Double glazed window, carpet flooring, radiator and a spot lit ceiling.
Fitted wardrobe and dressing table. Outside The property benefits from an allocated parking bay for one vehicle. Fixtures & Fittings.
Please Note : Items described in these particulars are included in the sale, all other items are specifically excluded. We cannot verify that they are in working order, or fit for their purpose.
The buyer is advised to obtain verification from their solicitor or surveyor. Measurements shown in these particulars are approximate and as room guides only.
They must not be relied upon or taken as accurate. Purchasers must satisfy themselves in this respect.
Value & comps
No previous sales on record.
Returns
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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 616, One The Brayford, Lincoln
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