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See how verdicts work2-bedroom flat · LN6 7BA
For saleListed 79 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ready to go! A spacious Two Bedroom Apartment offering two genuine double bedrooms, a modern fitted kitchen and move-in ready accommodation.
An ideal first time purchase or buy-to-let investment, perfectly positioned close to Boultham Park, Tritton Retail Park and Lincoln City Centre.
Description A spacious and well presented Two Bedroom Apartment, offered for sale with No Onward Chain and ready for immediate occupation.
Representing an excellent opportunity for first time buyers looking to step onto the property ladder or investors seeking a ready made buy-to-let, the property boasts two genuine double bedrooms, a modern fitted kitchen, a bright and spacious lounge, and low maintenance living throughout.
Ideally positioned to the south of Lincoln City Centre, the property enjoys excellent access to a wealth of local amenities, including the popular Tritton Road Retail Parks, Boultham Park and a range of supermarkets, shops and leisure facilities.
Lincoln High Street and the city centre are also within easy reach, together with excellent transport links, making this a convenient and well connected location for both owner occupiers and tenants alike.
The accommodation comprises a private entrance hall, spacious lounge, modern fitted kitchen, two double bedrooms and a contemporary shower room, creating a fantastic home or investment in a sought after residential location.
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.
Entrance hall With access via separate entrance hallway with access to all rooms, radiator, built-in storage cupboard housing the wall mounted gas Combi boiler and fuse board.
Lounge 11' 10" x 10' 5" (3.63m x 3.19m) Spacious reception with UPVC double glazed window to the rear aspect and radiator.
Kitchen 7' 4" x 6' 0" (2.26m x 1.84m) Modern fitted kitchen with laminate worktop, gas hob extractor fan over, electric oven, stainless steel sink with hot and cold mixer tap over and draining board, spaces for fridge freezer and washing machine, tiled splashbacks, lino flooring and double glazed window to the rear aspect.
Bedroom 1 10' 11" x 10' 5" (3.34m x 3.20m) A bright and spacious double bedroom with UPVC double glazed window to front aspect and radiator.
Bedroom 2 9' 4" x 8' 5" (2.87m x 2.58m) A second double bedroom with UPVC double glazed window to the front aspect and radiator.
Shower room Fitted with a three piece suite comprising of WC, wash hand basin with vanity storage, shower cubicle with mains shower, lino flooring, upright ground radiator, frosted glass UPVC window to side aspect and extractor fan.
Outside The property is accessed via its own private entrance and further benefits from a shared courtyard to the rear.
Leasehold information Length of Lease - 999 years (from 1939) Years Remaining on Lease - 912 years Annual Ground Rent - £ tbc Ground Rent Reviewed - Annually in tbc Annual Service Charge Amount - £540 Service Charge Reviewed - Annually in tbc All figures should be checked with the Vendor/Solicitor prior to Exchange of Contracts and completion of the sale.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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.
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FAQ
About 3, Glenwood Grove, Lincoln
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