Summary - Chichester Road, Bracebridge Heath, Lincoln, LN4 LN4 2FE
1 bed 1 bath Flat
Lifetime-lease opportunity for over-60s seeking low-maintenance, characterful town-edge living.
- Top-floor Grade II-listed apartment with high ceilings and period character
- Open-plan living/dining with compact modern kitchen and balcony view
- Immaculately presented; recently fitted gas combi boiler with warranty
- Allocated off-street parking and gated entry for added security
- Lifetime Lease option for over-60s can reduce upfront cost significantly
- Service charge c. £2,131.11/year; factor this into running costs
- Listed status may limit alterations and require listed-building consent
- Long lease remaining (977 years) but verify tenure with solicitor
A top-floor, Grade II-listed one-bedroom apartment in the well-regarded Cathedral Heights development, presented in immaculate order and arranged with an open-plan living/kitchen, double bedroom and a four-piece bathroom. The building’s Georgian character brings high ceilings and generous room proportions, with recent upgrades including a gas combi boiler with a five-year warranty and PVC double glazing. Allocated off-street parking and secured gated entry add practical convenience.
This property is offered through a Home for Life Lifetime Lease scheme for buyers aged 60+, which typically reduces the upfront cost versus full market value. The listed market price is £160,000; the guide Lifetime Lease price headline is £107,250 (example saving ~33%). The plan also permits purchasing up to a 50% share of the property value to preserve some capital for the future.
Be aware this is a listed conversion (Grade II), which can restrict changes and may complicate works or alterations. Annual charges are notable: service charge approx. £2,131.11 and ground rent about £10 per year. Tenure details show a long lease (977 years remaining) but interested buyers should verify legal and lease documentation.
Well suited to downsizers or over-60s seeking low-maintenance living with period character and cathedral views, this apartment offers immediate move-in condition paired with the security of a long lease and the flexibility of the Homewise Lifetime Lease option.
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