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See how verdicts work1-bedroom flat · LN1 3ES
For saleReduced £5k (−3.3%) on 15 AugListed 149 days
Opportunity summary
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About
A beautifully presented One Bedroom First Floor Apartment, ideally located within the highly regarded McCarthy & Stone retirement development of Avalon Court on Newport, in the sought after Uphill area of Lincoln.
Conveniently positioned within easy reach of the historic Bailgate and Lincoln City Centre, the apartment offers modern and well maintained living accommodation throughout.
The accommodation comprises of an Entrance Hall with generous storage cupboard, spacious Lounge, fitted Kitchen, Double Bedroom with fitted wardrobes and a contemporary Shower Room.
Residents also benefit from the use of attractive and well kept communal gardens. No onward chain.
A beautifully presented One Bedroom First Floor Apartment, ideally located within the highly regarded McCarthy & Stone retirement development of Avalon Court on Newport, in the sought after Uphill area of Lincoln.
Conveniently positioned within easy reach of the historic Bailgate and Lincoln City Centre, the apartment offers modern and well maintained living accommodation throughout.
The accommodation comprises of an Entrance Hall with generous storage cupboard, spacious Lounge, fitted Kitchen, Double Bedroom with fitted wardrobes and a contemporary Shower Room.
Residents also benefit from the use of attractive and well kept communal gardens. No onward chain.
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.
Avalon court Avalon Court, built by McCarthy & Stone has been designed and constructed for modern retirement living.
The development consists of two blocks of apartments containing 62 one and two-bedroom retirement apartments for the over 60s.
The dedicated House Manager is on site during working hours to take care of things and make you feel at home.
For your peace of mind the development has camera door entry and 24-hour emergency call systems, should you require assistance.
The Homeowners' lounge provides a great space to socialise with friends and family, along with a kitchenette. There is also a laundry room on site for residents use.
If your guests have travelled from afar, they can extend their stay by booking into the development Guest Suite (for a fee - subject to availability).
It is a condition of purchase that residents must meet the age requirement of 60 years or over.
Leasehold information Length of Lease - 125 Years Years Remaining on Lease - tbc Ground Rent - tbc Ground Rent Reviewed - tbc 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.
Entrance hall With intercom system, electric radiator, large airing cupboard and storage cupboard.
Lounge 16' 4" x 13' 4" (4.98m x 4.08m) With two double glazed windows to the front aspect, electric fire set within a decorative fire place and electric radiator.
Kitchen 7' 10 (max)" x 7' 4 (max)" (2.39m x 2.24m) Fitted with a modern range of wall and base units with work surfaces over, sink with side drainer and mixer tap over, electric oven and hob with extractor fan, integrated fridge and freezer, tiled splashbacks and flooring, spotlights and double glazed window to the side aspect.
Bedroom 14' 7" x 8' 11" (4.45m x 2.73m) With double glazed window to the front aspect, a range of fitted wardrobes and electric radiator.
Shower room 6' 9" x 5' 5" (2.07m x 1.67m) Fitted with a three piece suite comprising of shower cubicle, wash hand basin in a vanity style unit with storage beneath and close coupled WC, towel radiator, tiled walls and flooring.
Outside There are communal gardens and a parking space may be available upon request (via an application with McCarthy and Stone).
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.
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FAQ
About 9 Avalon Court, Newport, Lincoln
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