1/8
£500,000
4 beds · 3 baths
Clarendon House Carram Way, Lincoln, LN1 1AB
0.01 miles
away
Added today eXp UK
1/13
1/13
£137,000
Asking price 2 bed flat for sale Carram Way, Lincoln
2
beds 1
bath Flat
Leasehold
Added today
About this 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%.
Key features
- 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
Floorplan
Location
Carram Way, Lincoln, LN1 1AB
- Council tax
- Band D (Approx £2,323/year)The agent has not stated the band, so band D is shown as the local reference: Lincoln's 2026/27 area average, including the typical parish precept. The actual band and any discounts change the bill.
Mortgage and stamp duty
Property price £137,000
£68k £206k
Deposit10% £14,000
£0 £137k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £123,000 mortgage. Most lenders would want a household income of about £28,000 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.
Historic sold prices nearby
HM Land Registry sales in LN1 1AB. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 18, Carram Way Terraced | Terraced | Mar 2026 | 958 sq ft £227/sq ft | 958 sq ft | £227 | £217,500 |
| 1c, Carram Way Terraced | Terraced | Sept 2025 | 969 sq ft £203/sq ft | 969 sq ft | £203 | £197,000 |
| 17, Carram Way Detached | Detached | Apr 2025 | 1,389 sq ft £243/sq ft | 1,389 sq ft | £243 | £337,500 |
| 26, Carram Way Terraced | Terraced | Apr 2025 | 603 sq ft £289/sq ft | 603 sq ft | £289 | £174,000 |
| 2a, Carram Way Detached | Detached | Aug 2024 | 2,034 sq ft £223/sq ft | 2,034 sq ft | £223 | £453,100 |
| 36, Carram Way Semi-detached | Semi-detached | Mar 2023 | 1,302 sq ft £205/sq ft | 1,302 sq ft | £205 | £267,000 |
| 16, Carram Way Detached | Detached | Nov 2022 | 1,109 sq ft £275/sq ft | 1,109 sq ft | £275 | £305,000 |
| 1b, Carram Way Terraced | Terraced | Oct 2022 | 947 sq ft £232/sq ft | 947 sq ft | £232 | £220,000 |
Area insights
The neighbourhood around this property.
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