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 · LN1 2LW
For saleReduced £10k (−8.3%) on 26 OctListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom ground floor apartment on the ever popular Burton Waters Marina development, with well-presented living accommodation comprising of Communal Entrance Hallway, Inner Hallway, Open Plan Living Kitchen and Dining Area, Double Bedroom and Bathroom.
Marine Point Apartments is a secure and electrically gated residential area within Burton Waters itself. In the gated communal area the property has an allocated parking space.
The property further benefits from its own mooring and access to the communal patio and gardens with views over the Marina. Viewing is recommended to appreciate the accommodation on offer.
The property comes fully furnished and is an ideal buy to let opportunity.
LOCATION Burton Waters is an exclusive Marina and residential development laying just to the West of the Cathedral City of Lincoln.
Quality, style and security are at the forefront, including 24-hour manned security station with CCTV.
Facilities on the site include shops, solicitors, the Woodcocks pub and restaurant, Harbour Lights floating restaurant, Indian restaurant, beauticians and the David Lloyd Sports Centre adjacent to Burton Waters.
The development offers a serene lifestyle with easy access to water based activities, making it a desirable place for those who enjoy boating and waterfront living.
The historic Cathedral 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 Bishop Grosseteste College.
LEASEHOLD INFORMATION Years Remaining on Lease - 973 Annual Service Charge Amount - £1,476.17 Annual Mooring Charge Amount £1,681.14 Annual Burton Waters Charge Amount £1,457 All figures are estimates provided by the vendor and will be confirmed/checked with the Solicitors prior to Exchange of Contracts and completion of the sale.
There are no internal photos due to the tenants belongings being in the property. COMMUNAL ENTRANCE With secure intercom entrance door and doors leading out to the communal garden area.
HALLWAY With intercom system, spotlights and an airing cupboard housing the gas fired central heating boiler.
OPEN PLAN LIVING KITCHEN DINER 20' 2 (max)" x 16' 1 (max)" (6.15m x 4.9m) Kitchen Area fitted with a range of wall and base units with work surfaces over, eye level electric oven, 5 ring gas hob with extractor fan over, stainless steel 1 1/2 bowl sink unit with side drainer and mixer tap over, integral fridge, freezer and dishwasher, breakfast bar, tiled flooring and splashbacks, storage cupboard, double glazed window, double glazed sliding patio doors and spotlights.
BEDROOM 16' 1" x 9' 2" (4.92m x 2.80m) With double glazed window.
BATHROOM 9' 4" x 5' 7" (2.86m x 1.72m) Fitted with a three-piece suite comprising of p-shaped panelled bath with shower over and glass shower screen, wash hand basin in a vanity style unit with storage beneath and close coupled WC, towel radiator, tiled flooring and walls, shaver point and double glazed window.
OUTSIDE Outside the property benefits from a private Mooring and an allocated parking space within a secure gated car park. There are also communal seating areas enjoying views over the Marina.
The internal photos used in the marketing of this property were taken prior to the current tenancy.
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

FAQ
About 25 Marine Point Apartments
Explore nearby