1-bedroom flat · LN5 7NZ
Listing removedListed 210 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One bedroom First Floor apartment located in the heart of Lincolns city centre.
Perfectly positioned within walking distance of the High Street, University of Lincoln and host of amenities including shops, doctors and restaurants.
The accommodation of offer comprises Entrance Hall, Open Plan Kitchen Living Area, Bedroom and Bathroom. Externally the property benefits from one allocated parking space.
The property is being sold with no onward chain. EPC rating: C. Entrance Hall Door to rear elevation and built-in Airing Cupboard.
Lounge/Kitchen (21'0" x 15'8" (6.4m x 4.78m) 20'6'' x 15'7'' Max) Windows and French Doors to front, range of base and eye level units with inset sink unit and built-in oven and hob.
Integrated Washer/Dryer and Fridge/Freezer. Bedroom (12'2" x 11'7" (3.71m x 3.53m) 12'8'' x 11'2'') Window to front and built-in wardrobes.
Bathroom (7'5" x 6'10" (2.26m x 2.08m)) With white suite of wash basin, W.C and panelled bath with shower over. Outside There is an allocated parking space within the residents car park.
Agents Note These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Newton Fallowell nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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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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 209, Riverside Drive, Lincoln
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