1 bed flat for sale

Vicarage Court Cross Street, Lincoln, Lincolnshire LN5

** great investment or first time buy opportunity**

This one-bedroom flat is situated in a quiet residential development just off Cross Street, within walking distance of Lincoln city centre. Built after 1980, the property is part of a well-maintained block comprising 16 flats, making it an ideal choice for investors seeking a low-maintenance home with strong rental income of £200 per week, giving a fantastic 12.99% gross yield.

The accommodation briefly comprises an open plan kitchen-living space, double bedroom and bathroom. You further benefit from secure gated access with a specific and spacious allocated car port space.

Ideally located in the centre of the city, and just a short walk from Lincoln's well connected train station where you know benefit from a two hour direct train into central London. You further benefit from a range of popular local schools nearby and Lincoln's ever growing University is just a short walk away, ideal for both students and teachers alike.

Vicarage Court presents an excellent opportunity for those seeking an affordable property in a convenient location with strong rental prospects.

Agents Note - We have been advised by the vendor that the property is currently let on an AST from the 12th of March 2026; this is for 18 months, with the tenant paying £200 per week.

Please note - We have been advised that the property is Leasehold with 120 years left on the lease and that the cost per annum for ground rent and service charge is approximately £1666.

Entrance Hall

Lounge Dining Room

5.38m x 3.96m - 17'8” x 12'12”

Kitchen

2.54m x 2.03m - 8'4” x 6'8”

Bedroom

4.37m x 2.95m - 14'4” x 9'8”

Bathroom

2.06m x 1.73m - 6'9” x 5'8”