2-bedroom flat · LN1 3UL
For saleListed 130 days
Opportunity summary
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About
Starkey&Brown is delighted to present this well-presented two bedroom second floor apartment available on a 50% shared ownership within the popular Sobraon Heights development in Lincoln.
The property is being sold with no onward chain, an excellent opportunity for first time buyers in a convenient and well connected location.
Accommodation briefly comprises an entrance hall, leading to a bright and spacious living room with open plan access to the kitchen creating a sociable space.
There are two double bedrooms and a bathroom. A stand out feature of the property is the stunning views towards Lincoln Cathedral providing a attractive backdrop to some of the rooms.
Further benefits include fully uPVC double-glazing throughout and electric storage heating. Externally, the property has barrier-controlled car parking.
Sobraon Heights is ideally located within easy reach of local amenities including shops, schooling, leisure facilities and is also withing walking distance to Lincoln city centre. Council tax band: A.
Leasehold. Access To: Entrance Hall Carpeted, airing cupboard housing the hot water tank, the fuse board, and an electric storage heater.
Access to: Living Room (15' 5'' x 9' 8'' (4.70m x 2.94m)) Having a uPVC double-glazed window to the front aspect, laminate flooring and open access leading to: Kitchen (11' 8'' x 5' 9'' (3.55m x 1.75m)) A range of matching base and wall units with countertops, stainless steel sink with mixer tap, space and plumbing for a washing machine, electric oven with 4-ring electric hob and overhead extractor fan, space for a fridge freezer and tiled splashback.
Bedroom 1 (14' 8'' x 10' 5'' (4.47m x 3.17m)) Having a uPVC double-glazed window to the front aspect, carpeted, and an electric storage heater.
Bedroom 2 (11' 11'' x 9' 7'' (3.63m x 2.92m)) Having a uPVC double-glazed window to the front aspect, carpeted, and an electric storage heater.
Bathroom Three-piece suite comprising low-level WC, wash hand basin with under-storage, panelled bath with overhead shower, extractor fan, laminate flooring, and partially tiled walls.
Front Barrier-controlled parking. Agents Note The property is leasehold. Lease is 999 commencing from 2005. Agents Note 1 We have been advised by the current owners.
Rent and management charges are £388.08 (this includes the rent), which is payable to Amplius Management Company. Agents Note 2 Some furniture is available for sale by separate negotiation.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About 22, Sobraon Heights, Lincoln
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