We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · LN2 4ZE
Listing removedListed 212 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Apartment, Palatine House A well-presented and modern two-bedroom first floor apartment , ideally positioned within a secure development on Olsen Rise.
Offering open-plan living, an en-suite to the principal bedroom and allocated parking, this property is perfect for first-time buyers or investors seeking a ready-to-move-into home.
Louis Clayton “This is a fantastic low-maintenance apartment with a great layout - ideal for modern living or investment.” Step Inside Accessed via a secure communal entrance with intercom system, the apartment is located on the first floor, offering both convenience and privacy Stepping through the front door, you are welcomed into a central hallway finished with wood flooring , complete with a useful storage cupboard housing the boiler tank, and providing access to all rooms.
The heart of the home is the impressive open-plan kitchen , dining and living space, measuring approximately 6.8m x 3.4m.
This is a bright and sociable area, enhanced by a Juliet balcony allowing natural light to flood in The kitchen itself is fitted with a range of modern wall and base units with work surfaces over, incorporating an induction hob with extractor, electric oven, sink with drainer and splashbacks.
There is space and plumbing for a washing machine and dishwasher, as well as space for a fridge freezer, making this a practical and well-equipped space for everyday living.
The principal bedroom is a comfortable double room (3.6m x 2.8m), featuring built-in storage, electric heating and a window to the front aspect.
This room also benefits from a private en-suite shower room , fitted with a fully tiled shower, WC, wash basin and lino flooring (approx. 2.5m x 1.4m).
Bedroom two (2.0m x 3.6m), currently utilised as a dressing room, offers excellent versatility and could easily serve as a second bedroom, guest room or home office, also enjoying a front-facing window The main bathroom is fitted with a panel bath with shower over, WC and wash basin, finished with lino flooring and extractor (approx.
2.3m x 1.8m), completing the accommodation.
Outside The property benefits from allocated parking for one vehicle, along with well-maintained communal areas and secure entry access , providing both convenience and peace of mind.
Life in Olsen Rise Situated to the north of Lincoln, Olsen Rise offers excellent access to local amenities, transport links and Lincoln city centre.
With nearby shops, schooling and green spaces, the location is ideal for professionals, first-time buyers and investors alike.
Material Information Tenure: Leasehold - Term 125 years from 1 January 2006 Council Tax Band: A (£113 per month approx.) Ground Rent: £420 per annum Service Charge: £1,400 per annum Mains electricity and water are connected.
Drainage is via mains. Heating is electric throughout. The property benefits from double glazing. Allocated parking is available for one vehicle.
The property is not located within a flood risk area and is not affected by mining or environmental issues. Broadband: Superfast broadband available.
Disclaimer These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract.
Intending purchasers must rely on their own inspection of the property.
None of the appliances, services or systems have been tested by Kinetic Estate Agents and we recommend that purchasers arrange for a qualified professional to verify these prior to exchange of contracts.
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
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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.
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FAQ
About Apartment 113, Palatine House, Lincoln
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