1/12
£137,500
Flat · 2 beds
Riverside Drive, Lincoln, LN5
Leasehold
Shared ownership
1/12
Shared ownership
1/12
2 bed flat for sale Riverside Drive, Lincoln, LN5
Asking price
£34,375
Added on 23/09/2026
Added on 23/09/2026
25% share · about £137,500 full value
- Type
- Flat
- Bedrooms
- 2
- Tenure
- Leasehold
- 110 years left(from the agent's description)
Service charge £2,506 a year(from the agent's description)
* From the agent's description. Check it with them before you rely on it.
Highlights
From the agent's description
- Allocated parking
- Open-plan kitchen/diner
- En-suite
- 110 years left on the lease
About this property
This modern second-floor apartment near Lincoln city centre offers open-plan living, a master en-suite, a second double bedroom, and allocated parking. Available on a 25% shared ownership basis, with rent of £412.65 and a service charge of £208.81 per month. A fantastic opportunity!
Located just minutes from Lincoln city centre, this stylish second-floor apartment offers contemporary living with excellent access to local amenities and transport links. The well-designed layout features an entrance hall leading to a bright and airy open-plan lounge, kitchen, and dining area, perfect for modern living.
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 £34,375
£17k £52k
Deposit9% £3,000
£0 £34k
Lenders usually want at least 10%
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £31,375 mortgage. Most lenders would want a household income of about £7,000 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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