2-bedroom flat · LN5 7NZ
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Riverside Drive in Lincoln, this spacious two-bedroom apartment offers well-proportioned accommodation within a purpose-built residential development, complete with an allocated parking space.
Conveniently positioned close to Lincoln city centre, the property provides easy access to the High Street, Brayford Waterfront, University of Lincoln and a variety of shops, restaurants and leisure facilities.
The accommodation begins with an entrance hallway leading to the principal rooms.
At the heart of the apartment is a generous open-plan kitchen, living and dining area, providing a versatile space for everyday living and entertaining.
The contemporary kitchen features grey fitted units, complementary worktops and integrated cooking appliances, while the living area benefits from French-style doors with a Juliet balcony, allowing natural light into the room.
The property offers two double bedrooms, both finished in neutral tones and providing flexibility for bedroom furniture or home working arrangements.
A separate bathroom and additional shower room provide convenient facilities, particularly for those sharing the accommodation or accommodating guests.
Externally, the development benefits from a communal entrance and an allocated parking space, adding further practicality to this conveniently located home.
Combining spacious open-plan living, two double bedrooms and the added benefit of allocated parking, this apartment presents an appealing opportunity for first-time buyers, professionals or investors looking for a property in Lincoln.
EPC Rating: C Entrance Hall 3.04m x 2.05m A welcoming entrance hallway providing access to the kitchen and living area, both bedrooms and the bathroom facilities.
Finished with neutral décor and carpeted flooring. Kitchen / Living Area 5.57m x 5.71m A spacious open-plan room combining the kitchen, living and dining areas.
The kitchen features contemporary grey fitted units, complementary worktops, an integrated oven, hob and extractor hood.
The living area offers ample space for lounge and dining furniture, with French-style doors and a Juliet balcony allowing natural light into the room.
Bedroom One 3.6m x 3.13m A well-proportioned double bedroom featuring carpeted flooring, neutral décor and a window providing natural light.
Offers space for a double bed and additional bedroom furniture.
Bedroom Two 4.54m x 2.44m A second double bedroom with a versatile layout, carpeted flooring and a window providing natural light.
Suitable for use as a bedroom, guest room or combined bedroom and home office.
Bathroom 2.01m x 1.7m A separate bathroom accessed from the hallway, providing additional facilities alongside the shower room.
Shower Room 1.91m x 1.72m Fitted with an enclosed shower cubicle, pedestal washbasin and WC. The room also benefits from a frosted window, partially tiled walls and neutral flooring.
Garden The property benefits from an allocated parking space within the residential parking area to the front of the development.
A communal entrance provides access to the apartments, while the Juliet balcony adds character to the living accommodation.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Riverside Drive, Lincoln, LN5
Explore nearby