Summary - 177, Riverside Drive LN5 7NZ
1 bed 1 bath Flat
Compact modern flat with parking close to Lincoln city centre.
Allocated off-street parking space included
This bright one-bedroom flat in Anchor Quay offers a practical riverside base a short walk from Lincoln city centre. The open-plan kitchen/living room feels spacious for the size, finished with integrated fridge/freezer and dishwasher, an induction hob and oven, plus a Juliet balcony that brings in natural light. Allocated off-street parking is included — a notable advantage in this development.
The home is gas-free and runs on electric storage heaters, giving control over heating but potentially higher running costs. The property is leasehold with about 105 years remaining; annual service charges (around £1,440) and ground rent (circa £203) apply, so buyers should budget for ongoing costs and confirm exact figures with their solicitor. The flat is average sized at approximately 534 sq ft and was built around 2006, with double glazing throughout.
Practical buyers — particularly first-time purchasers or those seeking a rental investment close to the university and city amenities — will appreciate the easy maintenance finishes, secure communal entrance and the convenience of nearby shops, cafes and transport links. Be aware the local crime level is reported as very high; prospective buyers should assess personal security and insurance implications before committing.
Overall this is a solid, low-maintenance city flat with parking and modern fittings, best suited to someone wanting a well-connected central base or a straightforward buy-to-let, provided the tenure and running costs are acceptable.
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