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See how verdicts work1-bedroom flat · LN5 7NZ
For saleListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious one bedroom ground floor apartment in the sought after Anchor Quay development - Only a short walk away from the city centre.
Comprising of: Entrance hall, spacious open plan lounge/diner with fitted kitchen including a range of integrated appliances, double bedroom with built-in wardrobe and a bathroom.
Includes allocated parking space for one vehicle.
This property is available and makes for an excellent first time buyer or investment purchase Paragraph One bedroom larger than average ground floor apartment in the much sought after Anchor Quay development being only a short walk from the city centre.
Comprising; entrance hall, spacious open plan lounge/diner with fitted kitchen including a range of integrated appliances. Double bedroom with integral wardrobes and a bathroom.
Allocated parking space for one vehicle.
This property is available and makes for an excellent first time buyer or investment purchase EPC Rating - C Council Tax Band - A Tenure - Leasehold Entrance Hall (3.83 x 1.76 (12'6" x 5'9")) Carpet flooring, pendant light fitting, mains consumer unit, electric wall heater, entrance phone and wall mounted heating controls plus a large storage cupboard and an airing cupboard housing the hot water tank and storage shelving.
Kitchen/Living Area (5.93xx5.71 (19'5"xx18'8")) Base and eye level units, roll edge worksurface with tiled splash backs and an inset stainless steel dual bowl sink and drainer.
Integrated electric oven & hob with extractor hood, fridge freezer and washing machine. Vinyl flooring, spotlight fitting and heat detector alarm. Complete with breakfast bar.
Bedroom (4.53 x 2.77 (14'10" x 9'1")) PVC window to the rear, carpet flooring, electric wall heater, internet and tv points, pendant light fitting and built-in wardrobe.
Bathroom (2.04 x 1.65 (6'8" x 5'4")) Low level WC, pedestal wash basin and a panel bath with shower head and hose attachment.
Vinyl flooring, tiles to wet area, electric wall heater and towel rail, light fitting and extractor fan. Parking Allocated parking spot 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.
Agent Notes For the current year 2026/27, Ground rent payable is £317.53, Service charge is £1766.76 and Lease remaining 104 years 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.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 205, Riverside Drive, Lincoln
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