2-bedroom flat · LN1 1BU
Listing removedListed 80 days · slow let
Opportunity summary
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About
**Zero Deposit Guarantee Available** Holding Deposit: 265.00 summary gated, secure complex - Two Double Bedrooms - High Spec City Centre Apartment - two Parking Space - Secure Complex - balcony - long let available description William H Brown are delighted to offer to let this modern, 2 double bedroom, first floor high specification apartment located within a gated, secure complex within the West End of Lincoln offering great access to Lincoln City Centre, Lincoln County Hospital, Lincoln University, A46 relief as well as RAF bases of Waddington, Digby, Cranwell and Coningsby plus many local shops, services, schools and amenities offered close by.
Located on the corner of Rudgard Lane and West Parade the property is accessed via secure gate leading into a parking area where 40 parking spaces are available along with a cycle store and bin store.
There is full CCTV throughout the build with landscaped pathways leading to secure communal entrance linked via fob system and video entry which then in turn lead to the apartment front door.
The apartment briefly comprises of entrance hallway with cloakroom/storage and airing cupboard, spacious open plan lounge/kitchen/diner with the kitchen area having an induction hob, electric oven, extractor fan, integrated microwave, 70/30 spilt fridge/freezer, dishwasher and washer/dryer, 1.5 sink and bowl, wall and base units as well as work surfaces over.
The lounge area has sliding patio doors leading through to the large south facing balcony with city views along with privacy screen.
There are 2 double bedrooms with the master bedroom having an en-suite shower room plus a family bathroom to finish off the living accommodation.
Externally the apartment offers private patio area and two allocated parking spaces.
The apartment further benefits from a real robust attention to detail on the construction, resilient layer added for sound proofing, TV/Sky/Virgin Media plus CAT6 connections to each bedroom and living area, electric heating and aluminum double glazed windows.
These apartments truly do need to be seen to be appreciated, offering a great sized throughout as well as a high quality finish throughout.
Photos shown of another exact same apartment EPC rating C council tax band B While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.
(1) money laundering regulations – prospective tenants will be asked to produce identification documentation during the referencing process and we would ask for your co-operation in order that there will be no delay in agreeing a tenancy.
(2) These particulars do not constitute part or all of an offer or contract. (3) The text, photographs and plans are for guidance only and are not necessarily comprehensive.
(4) Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully to satisfy yourself of their accuracy.
(5) You should make your own enquiries regarding the property in respect of things such as furnishings to be included/excluded and what facilities are/are not available.
(6) Before you enter into any tenancy for one of the advertised properties, the condition and contents of the property will normally be set out in a tenancy agreement and inventory.
Please make sure you carefully read and agree with the tenancy agreement and any inventory provided before signing these documents.
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
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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 12, Carruthers Court, LINCOLN
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