We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · LN5 7WA
For saleListed 336 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented Ground Floor Apartment within the heart of the Historic Cathedral and University City of Lincoln.
The Apartment Block itself has a secure Communal Entrance Area and the internal accommodation of the apartment briefly comprises of an Entrance Hall, Open Plan Lounge/Kitchen/Diner, double Bedroom and a Bathroom.
The Apartment is currently let generating an income of £695 pcm and could be sold as an ongoing investment with tenant in situ or as vacant possession.
A well presented Ground Floor Apartment within the heart of the Historic Cathedral and University City of Lincoln.
The Apartment Block itself has a secure Communal Entrance Area and the internal accommodation of the apartment briefly comprises of an Entrance Hall, Open Plan Lounge/Kitchen/Diner, double Bedroom and a Bathroom.
The Apartment is currently let generating an income of £695 pcm and could be sold as an ongoing investment with tenant in situ or as vacant possession.
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 - tbc Years Remaining on Lease - 973 Years Annual Ground Rent - tbc Ground Rent Reviewed - tbc Annual Service Charge Amount - tbc Service Charge Reviewed - tbc All figures should be checked with the Vendor/Solicitor prior to Exchange of Contracts and completion of the sale.
Communal entrance With intercom entry system, postal boxes and lift and stairs to all floors. Entrance hall With intercom system, airing cupboard and electric heater.
Lounge/kitchen/diner 20' 5 (max)" x 13' 1 (max)" (6.22m x 3.99m) Living Area with double glazed window and electric heater.
Kitchen Area having a range of wall and base units with work surfaces over, stainless steel sink with side drainer and mixer tap over, tiled splashbacks, electric oven and hob and spaces for fridge freezer and washing machine.
Bedroom 11' 2" x 10' 8" (3.41m x 3.27m) With two double glazed windows and electric heater.
Bathroom Fitted with a three piece suite comprising of panelled bath with shower over, close coupled WC and pedestal wash hand basin, towel radiator and tiled splashbacks.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Area
Agent & docs
.png){kind=logo}
FAQ
About 1, Grantavon House, Brayford Wharf East, Lincoln
Explore nearby
