Summary - 187, Riverside Drive LN5 7NZ
1 bed 1 bath Apartment
**Standout Features:**
- Modern one-bedroom apartment in an urban setting
- Open plan living area with contemporary kitchen
- Allocated parking space
- Close proximity to city center and Lincoln University
- Tenant in situ, generating £780 per month until November 2025
- No onward chain for a smooth purchase
- Leasehold with 107 years remaining
**Summary:**
Discover an excellent investment opportunity with this contemporary one-bedroom apartment located just a short walk from Lincoln's vibrant city center and the university. Benefitting from an open plan living room and kitchen, the space is illuminated by natural light and is ideal for comfortable urban living. With a tenant already in place, you'll enjoy a steady rental income of £780 per month until November 2025.
The apartment includes an allocated parking space, making it convenient for both residents and guests. While the property is in overall good condition, potential buyers should note the leasehold status (107 years remaining) and a manageable service charge of £1,443.64 per annum. The area offers an array of local amenities, alongside strong transport links, making it particularly appealing for students and professionals. Don’t miss out on this chance to secure a property in a thriving neighbourhood with great rental potential—act fast!
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