Modern two-bedroom city flat with balcony and long lease, ideal for first-time buyers or investors.
- Fourth-floor two-bedroom with private balcony and open-plan living
- Long lease: approximately 984 years remaining
- EPC rating B; modern build (2003–2006)
- Service charge £2,667.96 per year; budget accordingly
- Ground rent £150 per year
- Electric room heaters (no central gas heating)
- EWS-1 funding in place; big-six lender availability
- Urban location in a multicultural student neighbourhood; possible street/rail noise
This fourth-floor two-bedroom apartment in Lincoln Gate offers a compact, modern city base with a private balcony and open-plan living. The living/kitchen space benefits from large windows and plenty of natural light, while two good-sized bedrooms make the layout practical for a couple or sharers. EPC B and a long lease (approx. 984 years remaining) provide security for buyers and investors alike.
Practical considerations are clear: the property uses electric room heaters rather than a communal gas system, and the service charge is notable at £2,667.96 per year with a small ground rent of £150. Big-six lenders are available and EWS1 funding is in place, which supports mortgageability for many purchasers.
Located in the Green Quarter/Red Bank area, the apartment is close to transport links, shops and city amenities, making it suitable for first-time buyers or buy-to-let landlords targeting students and city workers. Noise from nearby streets and rail may be noticeable given the urban setting and neighbouring blocks.
Overall this is a straightforward, low-maintenance modern flat that offers immediate occupation or rental potential, but buyers should budget for annual service charges and expect electric heating rather than gas central heating.