1-bedroom flat
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Pridea Sales and Lettings are proud to offer this one bedroom flat in a prime city centre location.
The flat briefly comprises of an entrance hallway, double bedroom, open plan kitchen and lounge area and a shower room with shower cubicle.
The property further benefits from a communal courtyard with secure gated entry.
This second floor flat is located in Cheriton Court just off of Canwick Road making it ideal for both a short commute to the city centre as well as being perfectly situated for the main transport links throughout the city.
Flat available late-November with viewings highly recommended.
Material Information: Mobile Signal: Which can be verified here: Broadband: Standard - Download 15 Mbps - Upload 1 Mbps Superfast - Download 71 Mbps - Upload 20 Mbps Ultrafast - Download 1000 Mbps - Upload 100 Mbps You may be able to obtain broadband service from these Fixed Wireless Access providers covering your area - EE You can verify this on the following website - Heating: Electric Water: Mains water and sewerage provided by Anglian Water Parking: No parking with this property, parking available nearby but may require parking permits - check with Lincoln Council Building safety: No concerns known Restrictions None to the best of our knowledge Rights and easements None to the best of our knowledge Flood risk; Surface water - Medium Information obtained here: Coastal erosion risk - very low Planning permission none as far as we are aware Accessibility/adaptations no adaptations/accessibility upgrades have been made.
This is a flat on the second floor with stairs, with no lifts or ramps. Coalfield or mining area: No Notice All photographs are provided for guidance only.
Redress scheme provided by: Property Redress Scheme (PRS005441) Client Money Protection provided by: Dps (1141823)
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.
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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
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FAQ
About Canwick Road, Lincoln
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