Summary - 162 WOODFIELD AVENUE LINCOLN LN6 0LR
2 bed 1 bath Apartment
Chain-free, low-cost two-bedroom flat — needs updating and has a limited lease term.
Chain-free two-bedroom ground floor flat with front and rear gardens
Driveway with off-street parking for one to two cars
Small overall size — approx. 585 sq ft, modest room proportions
Lease has 48 years remaining — lenders likely to refuse standard mortgages
EPC rating D; dated kitchen and cosmetic updating needed
Very low council tax (Band A) and low annual ground rent (£41.38)
Area has higher deprivation and above-average crime rates
Suitable for cash buyers or investors prepared to extend lease
This ground-floor two-bedroom flat on Woodfield Avenue offers straightforward, chain-free ownership and easy access to Lincoln’s amenities. The property includes a lounge/diner, fitted kitchen, two bedrooms, a bathroom and private front and rear gardens — useful for low-maintenance outdoor space. A driveway provides off-street parking for one or two vehicles.
The accommodation is modest in size (approximately 585 sq ft) with dated kitchen fittings and interior that will suit buyers happy to modernise. Energy performance is rated D. Practical positives include low annual ground rent and a very low council tax band A, which reduces ongoing costs.
A material issue: the lease has 48 years remaining. Many mortgage lenders refuse loans on leases with under about 60–70 years left, so this will restrict mortgage options and may require a cash buyer or arranging a lease extension before sale. The surrounding area registers higher deprivation and above-average crime statistics; buyers should weigh location factors alongside price and consult local services.
Overall, this is a low-price, low-running-cost opportunity for an investor seeking a lettable ground-floor flat or a buyer able to fund purchase without a standard mortgage. The property rewards practical improvements and is best suited to those who understand the lease limitation and local area characteristics.
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