2-bedroom flat · LN5 8NR
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Zero Deposit Guarantee Available To Let – a well-presented two-bedroom flat with river views on Fairfax Street in Lincoln, offering modern accommodation and allocated parking.
Set within a maintained block backing onto the River Witham, the flat enjoys an open plan lounge/kitchen/diner with good natural light and French doors opening to a Juliet balcony overlooking the river and green space beyond.
The living area is neutrally decorated with contemporary flooring, providing a practical layout for both relaxing and dining.
The kitchen features modern units, integrated oven and hob, tiled splashbacks and ample worktop space.
There are two double bedrooms, both finished in a clean, modern style, with space for wardrobes and additional furniture.
The main bedroom benefits from an en-suite shower room, while a separate bathroom serves the second bedroom and guests. Both bathrooms are smartly fitted with white sanitaryware.
The flat is offered in immaculate condition throughout and has an EPC rating of C and Council Tax band A.
Externally, the development provides an allocated parking space and communal grounds backing onto the riverside, ideal for walks and cycling towards Lincoln’s city centre and Boultham Park.
Fairfax Street is well placed for local amenities on Newark Road, including supermarkets, cafés and everyday services. Schooling options are available nearby.
Lincoln High Street and the historic uphill quarter are easily reached by bus or car.
Lincoln railway station, around 10 minutes’ drive, offers regular services to Newark, Nottingham and London Kings Cross (around 2 hours via Newark), making this a convenient base for commuters.
Council Tax Band: Holding Deposit: £207.00 Two double bedrooms, two bathrooms Juliet balcony with river views Open plan lounge/kitchen/diner Immaculate modern interior throughout En-suite shower room to main bedroom Allocated off-street parking space Communal riverside grounds and walks Neutrally decorated with contemporary flooring Close to Newark Road amenities Good access to Lincoln station
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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 advisors 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 Lincoln
Explore nearby