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2 bed flat for sale Riverside Drive, Lincoln, LN5

Asking price

£115,000

Added on 25/09/2026

Type: Flat
Bedrooms: 2
Bathrooms: 1
Tenure: Leasehold

Service charge £1,044 a yearGround rent £202 a year Council tax Band B £1,807 a year

* From the agent's description. Check it with them before you rely on it.

Key features

First Floor Apartment
Two Double Bedrooms
Lounge Diner
Kitchen With Appliances
Allocated Parking Space
City Centre Development & No Chain
Leasehold
EPC Grade C

About this property

Newton Fallowell are pleased to offer for sale this first floor apartment, located in this popular city centre development and walking distance of the High Street and University. Currently let and achieving £8340 per annum.

The apartment offers spacious accommodation with an entrance hall, open plan living space with built in appliances to the kitchen area, two double bedrooms and separate bathroom.

Floorplan

Council tax

Band B £1,807 a year

Per year

Band A

£1,549
Band B

This home: £1,807
Band C

£2,065
Band D

£2,323
Band E

£2,839
Band F

£3,356
Band G

£3,872
Band H

£4,646

This home is in band B, which costs £1,807 a year in Lincoln for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Lincoln, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

24 comparables · within 2.7 miles

Cheaper than 58% of the 2-bed flats for sale nearby right now.

This home, £115,000 Median £132,500 · £93,000 – £685,000

Compared with 24 2-bed flats for sale within 2.7 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Riverside Drive, Lincoln, LN5

Open map Street View

Mortgage and stamp duty

Property price £115,000

£57k £173k

Deposit10% £12,000

£0 £115k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £103,000 mortgage. Most lenders would want a household income of about £23,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
107, Riverside Drive Flat / maisonette	Flat / maisonette	Feb 2026	732 sq ft £185/sq ft	732 sq ft	£185	£135,500
9, Riverside Drive Flat / maisonette	Flat / maisonette	Sept 2025	592 sq ft £159/sq ft	592 sq ft	£159	£94,250
11, Riverside Drive Flat / maisonette	Flat / maisonette	Jul 2025	700 sq ft £172/sq ft	700 sq ft	£172	£120,000
1, Riverside Drive Flat / maisonette	Flat / maisonette	Apr 2024	807 sq ft £176/sq ft	807 sq ft	£176	£142,000
7, Riverside Drive Flat / maisonette	Flat / maisonette	Jan 2023	807 sq ft £195/sq ft	807 sq ft	£195	£157,500
29, Riverside Drive Flat / maisonette	Flat / maisonette	Nov 2022	646 sq ft £186/sq ft	646 sq ft	£186	£120,000
25, Riverside Drive Flat / maisonette	Flat / maisonette	Oct 2022	646 sq ft £221/sq ft	646 sq ft	£221	£143,000
107, Riverside Drive Flat / maisonette	Flat / maisonette	Aug 2022	732 sq ft £185/sq ft	732 sq ft	£185	£135,500