Compact, city-centre flat ideal for starter buyers or buy-to-let investors.
Long lease — approx. 974 years remaining
Ground-floor one-bedroom, approx. 450 sq ft
Prime spot opposite University and Brayford Waterfront
Garage parking included
Modern fitted kitchen and shower room, laminate flooring
Service charge approx. £2,520 pa — significant ongoing cost
Ground rent approx. £2,520 pa — unusually high, verify legally
Location records very high crime — consider security measures
This well-located one-bedroom ground-floor apartment sits directly opposite the University of Lincoln and a short walk from Brayford Waterfront, the High Street and city-centre amenities. The open-plan living area, modern fitted kitchen and shower room make it ready to occupy, with laminate flooring and oak doors giving a clean, low-maintenance finish.
Practical strengths include a very long lease (approx. 974 years), garage parking and EPC rating C. Its compact 450 sq ft layout suits first-time buyers, city workers or buy-to-let investors targeting student demand thanks to the nearby campus and strong local rental market.
Buyers should note the running costs: service charge and ground rent are currently around £2,520 each per year which is substantial and should be checked with your solicitor. Heating is by electric radiators and the property is in a location with very high recorded crime rates, so consider security and energy costs when budgeting.
Offered with no onward chain, this apartment delivers straightforward city living with clear investment or starter-home potential, provided you factor in the ongoing charges and local area considerations.
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