2-bedroom flat · LN2 5SL
For saleListed 175 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description Apartment Six is an elegant two-bedroom second floor residence, designed for comfort and practicality.
At its centre is a spacious open-plan kitchen, dining and living area with a separate WC and utility, creating a bright and inviting space ideal for both relaxed living and social gatherings.
Both bedrooms benefit from stylish en-suite shower rooms with dressing rooms.
The layout has been carefully considered to offer generous proportions and a smooth, modern flow throughout, resulting in a home that is both highly functional and well presented.
Externally, the apartment benefits from two allocated parking spaces within the communal car park and a private terrace.
Location Eastgate House, Wragby Road, enjoys a prestigious address that places residents at the heart of Lincoln's most desirable offerings.
Just moments from the historic Cathedral Quarter, with its cobbled streets, fine dining, and boutique shopping, the location balances heritage charm with modern sophistication.
Exclusive leisure and cultural attractions are complemented by excellent schools and seamless connections across the region, making it a setting that appeals as much to families as to professionals.
Surrounded by open green spaces yet only a short distance from the vibrant City Centre. Eastgate House offers a lifestyle defined by elegance, convenience, and distinction.
Services We understand the property will offer mains water, gas, electric and main sewer connections. Viewing Strictly by appointment with the selling agent on .
Please note the properties are under construction/refurbishment so practically there will be period of time until there a show apartment ready for viewing.
Other TENURE & POSSESSION The property will be sold with the benefit of a new 999 year lease and is for sale by private treaty.
COUNCIL TAX BAND To be confirmed SERVICE CHARGE The indicative service charge is £3,199 per annum RESERVATION FEE There is a reservation fee of £10,000 with further details available from the developer/selling agent.
BUYER IDENTITY CHECK Please note that prior to acceptance of any offer, Brown&co are required to verify the identity of the buyer to comply with the requirements of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
Further, when a property is for sale by tender, an ID check must be carried out before a tender can be submitted. We are most grateful for your assistance with this.
MOBILE & BROADBAND We understand a new fibre connection will be installed to the properties and the Ofcom website states that standard, superfast and Ultrafast broadband is available in the area with a max download speed of 1000Mbps and an upload speed of 1000 Mbps.
IMAGES Please note the images used are proposed CGI imagery across the scheme and will be updated by property specific professional photography as the development of each property is ready.
AGENT James Mulhall or
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
FAQ
About Apartment 6, Eastgate House, Wragby Road, Lincoln, Lincolnshire, LN2 5SL
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