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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: 2
Size: £162 per sq ft
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

Top Floor Apartment
Open Plan Living & Two Bedrooms
En-Suite & Bathroom
City Centre Location
Kitchen with built in Appliances
NO ONWARD CHAIN
Leasehold
EPC Grade B

About this property

Situated within this popular, modern City Centre development and within walking distance to the University of Lincoln and the High Street area.

This top floor Apartment consists of accommodation comprising of Entrance Hall, Open Plan Living Kitchen Dining area, Two Double Bedrooms, En-Suite to Master and a further Family 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

Per square foot

£162 15% under

2-bed flats nearby £191

Against sold prices

28% under

LN5 sold median £226 / sq ft, 862 sales

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. Sold prices are HM Land Registry sales in LN5 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in LN5 →

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