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See how verdicts work2-bedroom flat · LN2 4FT
Listing removedListed 313 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern Two Bedroom Duplex Apartment, offered with no onward chain and situated within the popular Carlton Centre development.
Well positioned for a range of local amenities, transport links and convenient access into Lincoln City Centre, the property presents an excellent opportunity for first-time buyers or investors alike.
The accommodation comprises of an Entrance Hallway, Two Double Bedrooms, Bathroom and stairs rising to the First Floor living accommodation.
A modern Two Bedroom Duplex Apartment, offered with no onward chain and situated within the popular Carlton Centre development.
Well positioned for a range of local amenities, transport links and convenient access into Lincoln City Centre, the property presents an excellent opportunity for first-time buyers or investors alike.
The accommodation comprises of an Entrance Hallway, Two Double Bedrooms, Bathroom and stairs rising to the First Floor living accommodation.
Location The historic Cathedral and University City of Lincoln has the usual High Street shops and department stores, plus banking and allied facilities, multiplex cinema, Marina and Art Gallery.
The famous Steep Hill leads to the Uphill area of Lincoln and the Bailgate, with its quaint boutiques and bistros, the Castle, Cathedral and renowned Lincoln Bishop University.
Leasehold information Length of Lease - 125 years Years Remaining on Lease - 109 years Annual Ground Rent - £3,303.30 pa Ground Rent Reviewed - Annually Annual Service Charge Amount - £140.00 pa Service Charge Reviewed - Annually in All figures should be checked with the Vendor/Solicitor prior to Exchange of Contracts and completion of the sale.
Entrance hall Providing access to both bedrooms and the bathroom, with stairs leading to the First Floor Landing and radiator.
Open plan living 19' 2" x 14' 6" (5.84m x 4.42m) A bright and spacious open plan living area, incorporating a modern fitted kitchen with built-in cupboard storage, complementary worktops and a sink with hot and cold mixer tap.
The kitchen is equipped with an electric hob and oven while the living space benefits from two radiators, spotlights and laminate flooring flowing throughout.
Windows to both the front and rear aspects flood the room with natural light, further enhanced by impressive vaulted, double height ceilings which add a real sense of space and character.
Bedroom 1 9' 8" x 10' 2 max" (2.95m x 3.1m) A double bedroom with UPVC double glazed window and radiator bedroom 2 9' 3" x 8' (2.82m x 2.44m) A second double bedroom with UPVC double glazed window and radiator.
Bathroom Three piece suite comprising of a shower tray, WC, pedestal sink, tiled wall splashbacks, frosted UPVC double glazed window and lino flooring.
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
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FAQ
About 19, Pitcairn Avenue, Lincoln
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