2-bedroom flat · LN5 7WA
Sold STCReduced £2k (−1.6%) on 7 AugListed 97 days
Opportunity summary
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About
The accommodation briefly comprises a welcoming entrance hall leading through to a bright and spacious open-plan kitchen and living area, creating the ideal space for relaxing or entertaining.
The contemporary kitchen is fitted with a range of integrated appliances, providing both practicality and a sleek modern finish.
There are two bedrooms, including a generous double bedroom and a versatile single bedroom which could equally be utilised as a home office or guest room.
The accommodation is completed by a well-appointed bathroom fitted with a modern three-piece suite.
Externally, the property benefits from an allocated parking space, a highly desirable feature for city centre living.
Grantavon House enjoys an enviable position overlooking the Brayford Waterfront, placing a fantastic selection of restaurants, bars, cafés and leisure facilities quite literally on your doorstep.
The University of Lincoln, Lincoln Central Railway Station and the city's historic High Street are all within easy walking distance, making this an ideal home for commuters, students, professionals and those looking to enjoy everything the city has to offer.
Whether you're searching for your first home, a lock-up-and-leave city apartment or an investment property with proven holiday let success, this superb apartment ticks all the boxes.
Early viewing is highly recommended.
Entrance Hall (0.92m x 2.94m (3'0" x 9'8")) A welcoming entrance hall providing access to all principal accommodation, complete with a useful storage cupboard and space for coats and shoes.
Kitchen/Living Room (3.97m x 3.98m (13'0" x 13'1")) A bright and spacious open-plan living area, offering ample room for both lounge and dining furniture, creating the perfect space for everyday living and entertaining.
The modern fitted kitchen comprises a range of wall and base units with complementary work surfaces and incorporates a selection of integrated appliances, providing both style and practicality.
Bedroom One (3.42m x 3.27m (11'3" x 10'9")) A well-proportioned double bedroom offering ample space for freestanding furniture.
Bedroom Two (2.3m x 2.87m (7'7" x 9'5")) A versatile second bedroom, ideal as a single bedroom, guest room, nursery or home office, depending on individual requirements.
Bathroom (1.73m x 1.79m (5'8" x 5'10")) Fitted with a modern three-piece suite comprising a panelled bath with shower over and glazed shower screen, low-level WC and wash hand basin.
Finished with complementary wall tiling. Outside The property benefits from an allocated parking space, providing convenient off-road parking.
Grantavon House is ideally positioned within the sought-after Brayford Waterfront area, with an excellent range of restaurants, bars, cafés, shops, the University of Lincoln and Lincoln City Centre all within easy walking distance.
Agent Notes These particulars are for guidance only.
Lovelle Estate Agency, their clients and any joint agents give notice that:- They have no authority to give or make representation/warranties regarding the property, or comment on the services, tenure and right of way of any property.
These particulars do not form part of any contract and must not be relied upon as statements or representation of fact. All measurements/areas are approximate.
The particulars including photographs and plans are for guidance only and are not necessarily comprehensive.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 10, Grantavon House, Lincoln
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