1-bedroom flat · LN2 4RG
Sold STCListed 271 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Starkey&Brown is delighted to represent this leasehold ground floor flat which has undergone a modern refurbishment. The property occupies accommodation over one floor.
Upon entering the property via the entrance porch, you are welcomed to a lounge diner measuring 15'9" x 12'1" has been finished with a contemporary but cosy style with a newly laid carpet, a decorative fireplace, a large uPVC floor to ceiling double-glazed window with a fitted blind and a large storage cupboard.
Bedroom measuring 8'8" x 10'10" with twin built-in wardrobes, access to a stylish walk-in shower room, as well as a modern kitchen with a range of eye and base level handleless units and integrated appliances.
Further benefits of the property includes gas central heating via a Gloworm wall mounted boiler, uPVC double-glazing throughout and external communal gardens to the front and rear.
There is a garage in a block ideal for storage and communal parking. A monthly service charge of £96.13, for the leasehold information is to be confirmed at a later stage.
Hawthorn Chase is nearby to local amenities such as Carlton shopping Centre, Glebe Park surgery, Nettleham Fields, schooling at primary and secondary levels, easy access to the A46 bypass and a regular bus service to and from Lincoln city centre.
To arrange a viewing contact Starkey&Brown. Council tax band: A. Leasehold.
Entrance Porch Newly laminated flooring, a uPVC front door entrance and access into: Lounge Diner 12' 1'' x 15' 9'' (3.68m x 4.80m) Recently refurbished interiors.
To include recently relined, skimmed, and repainted walls and all woodwork.
Access to a storage cupboard, a uPVC double-glazed window to the front aspect with fitted blind, coved ceiling, a decorative fireplace, and a radiator.
Access to: Inner Hallway Recently redecorated and gives access to the kitchen, the bedroom, and the bathroom.
Kitchen 10' 8'' x 7' 2'' (3.25m x 2.18m) A modern design with recent refurbishments and integrated appliances such as a dishwasher, oven, 4-ring gas hob and extractor hood over, a range of base and eye level units with handleless finish, a uPVC double-glazed window, external uPVC door leading onto the rear communal space, space and plumbing for a washing machine, ceramic sink and drainer unit, a wall mounted gas central heating combination Gloworm boiler, subway tiled feature surround and tiled flooring.
Bedroom 8' 8'' x 10' 10'' to wardrobes (2.64m x 3.30m) Having a uPVC double-glazed window, a radiator, and a double built-in twin wardrobes.
Shower Room 5' 4'' x 6' 8'' (1.62m x 2.03m) A recently re-tiled wall, mains-fed walk-in shower, floating hand wash basin unit, a low-level WC, tiled flooring, an extractor unit, and a chrome heated hand towel rail.
External Storage Housing meters and the fuse box. A variety of storage options and refuse solutions. Outside Communal gardens to the front and rear. Communal parking and garage in block.
Agents Note Leasehold information to be confirmed at a later stage. Current service charges are £96.13 per calendar month. The management company is Eddisons Ltd.
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
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FAQ
About Hawthorn Chase, Lincoln
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