Summary - 1 CATHEDRAL VIEW COURT LINCOLN LN2 2GF
1 bed 1 bath Flat
Immaculate one-bed retirement flat with lifetime-lease option and communal facilities.
Ground-floor one-bedroom apartment, approx. 537 sq ft
Homewise Lifetime Lease option for buyers aged 60+ (savings possible)
Guide Lifetime Lease price £73,750; full market £110,000
Service charge c. £3,096pa; ground rent c. £280pa
Electric storage heaters; double glazing (install date unknown)
Communal lounge, laundry, gardens and parking on site
99 years remaining on lease; verify lease/tenure with solicitor
Local area: high deprivation and above-average crime rates
This ground-floor one-bedroom apartment in Cathedral View Court offers practical, low-maintenance living tailored for older buyers. The bright living room overlooks well-kept communal gardens and the double bedroom includes built-in storage. The layout includes a fitted kitchen and a shower room, arranged across approximately 537 sq ft of accommodation.
The property is being marketed with a Homewise Home for Life lifetime lease option for buyers aged 60+, which typically reduces the upfront cost versus full market value. Guide figures: full market price £110,000; indicative Lifetime Lease price £73,750 (average 33% saving). Customers may also buy up to a 50% share of the property value to preserve equity; actual price depends on age and personal circumstances.
Practical running costs and constraints are important to note. Service charge is approximately £3,096 per year with ground rent around £280 per year. Heating is via electric storage heaters and mains electricity; double glazing is present but install date is unknown. The development offers communal lounge, laundry facilities, landscaped gardens and parking, aimed at comfortable retirement living in close proximity to Lincoln city amenities.
The wider area scores high for deprivation and recorded crime is above average; potential buyers should consider this when assessing local suitability. Leasehold details show 99 years remaining; interested parties must verify tenure, service charge details and any lease restrictions with their solicitor. The property is presented in good decorative order but buyers should confirm all fixtures, fittings and service conditions before purchase.
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