1/12
£137,500
Flat · 2 beds
Riverside Drive, Lincoln, LN5
Leasehold
1/9
1/9
1 bed flat for sale Riverside Drive, Lincoln, LN5
Guide Price
£100,000
Added on 23/09/2026
Added on 23/09/2026
- Type
- Flat
- Bedrooms
- 1
- Tenure
- Leasehold
Highlights
From the agent's description
- Chain free
- Allocated parking
- Open-plan kitchen/diner
About this property
GUIDE PRICE £100,000 - £120,000 - This well presented City Centre apartment offers an ideal opportunity for a first time buyer to take a step onto the property ladder. Offered for sale with NO ONWARD CHAIN, viewing is highly recommended.
GUIDE PRICE £100,000 - £120,000
Enjoying a convenient central location, this well presented, second floor apartment offers the perfect opportunity for a first time buyer to take a step onto the property ladder, an investor looking to add to their portfolio or even a young professional needing to be within waking distance of the City Centre. The building is accessed via secure, keypad controlled communal door and stairs lead to the further floors.
Floorplan
Council tax
Ask agent
Per year
- Band A£1,549
- Band B£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
The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Lincoln, 2026/27 bills run from £1,549 a year in band A to £4,646 in band H.
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.
Location
Riverside Drive, Lincoln, LN5
Mortgage and stamp duty
Property price £100,000
£50k £150k
Deposit10% £10,000
£0 £100k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £90,000 mortgage. Most lenders would want a household income of about £20,000 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 |
|---|---|---|---|---|---|---|
| 185, Riverside Drive Flat / maisonette | Flat / maisonette | Jun 2026 | 570 sq ft £167/sq ft | 570 sq ft | £167 | £95,000 |
| 181, Riverside Drive Flat / maisonette | Flat / maisonette | Apr 2026 | 646 sq ft £183/sq ft | 646 sq ft | £183 | £118,000 |
| 159, Riverside Drive Flat / maisonette | Flat / maisonette | Dec 2025 | 657 sq ft £147/sq ft | 657 sq ft | £147 | £96,500 |
| 213, Riverside Drive Flat / maisonette | Flat / maisonette | Sept 2025 | 624 sq ft £198/sq ft | 624 sq ft | £198 | £123,500 |
| 175, Riverside Drive Flat / maisonette | Flat / maisonette | Jul 2023 | 560 sq ft £170/sq ft | 560 sq ft | £170 | £95,000 |
| 149, Riverside Drive Flat / maisonette | Flat / maisonette | Jun 2023 | 624 sq ft £205/sq ft | 624 sq ft | £205 | £128,000 |
| 231, Riverside Drive Flat / maisonette | Flat / maisonette | Aug 2022 | 581 sq ft £184/sq ft | 581 sq ft | £184 | £107,000 |
| 191, Riverside Drive Flat / maisonette | Flat / maisonette | Aug 2022 | 646 sq ft £194/sq ft | 646 sq ft | £194 | £125,000 |
Area insights
The neighbourhood around this property.
Marketed by
haart, Lincoln And North Hykeham
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