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2 Bed Flat, Single Let, Lincoln, LN1 1AB £140,000

Carram Way, Lincoln, LN1 1AB - 2 views - 8 months ago
  1. Deal Search
  2. Lincoln
  3. LN1
  4. LN1 1AB
Leasehold
BTL
ROI: 7%
~56 m²

ValuationOvervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Lincoln
  • More Deals in LN1
  • More Single Let Deals
  • More Single Let Deals in Lincoln
  • More Single Let Deals in LN1

Property History

Price changed to £140,000

December 6, 2025

Listed for £145,000

May 14, 2025

Floor Plans

Description

  • Spacious First Floor Apartment +
  • Two Bedrooms +
  • Juliet Balcony & En-Suite To Main Bedroom +
  • Open Plan Living Room / Kitchen +
  • Further Modern Fitted Bathroom +
  • Kitchen Having Integrated Appliances +
  • Currently Let For £900 PCM/ Ready To Go Investment +
  • Sought After Location Close To Amenities +
  • Allocated Parking Space +
  • Ideal For First Time Buy Professionals Investment +

The Property
Stylish Two-Bedroom First Floor Apartment in Sought-After St George’s Park – Ideal for First-Time Buyers, Investors or Professionals

This immaculate two-bedroom first floor apartment is located in the ever-popular St George’s Park development in Lincoln — a prime residential area with excellent access to local amenities, schools, shops, and major transport links via the A46 and A57.

Perfectly suited to first-time buyers, professional couples, or buy-to-let investors, the property is currently let to a reliable single occupant at £900 PCM, offering an attractive gross yield of 7.4%. The tenant is keen to remain on a long-term basis, making this a ready-made investment opportunity. Alternatively, the flat is also available with vacant possession, ideal for buyers looking to move in themselves.

The well-presented accommodation briefly comprises:

*Entrance hall with storage cupboard

*Two bedrooms, including a master with En-suite shower room and Juliet balcony offering open front views

*Stylish main bathroom

*Spacious open-plan living area with modern fitted kitchen featuring integrated appliances: washer/dryer, dishwasher, fridge/freezer, and a high-quality Neff induction hob with extractor hood

Externally, the property benefits from one allocated off-street parking space.

Don't miss your chance to secure this attractive home or investment in one of Lincoln’s most desirable developments.

To arrange a viewing, visit purplebricks.co.uk

General Information

Leasehold Remaining - 106 years from January 2025.

Service Charge - £100 PCM

Property ownership information

Ground rent review period: No review period

Service charge review period: Every 1 year

Lease end date: 01/01/2131

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Lincoln

01522 303645

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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