Offers in region of

£800,000

(£188.63/sq. ft)

Property for sale
Residential Investment, 167 Carholme Road, Lincoln, Lincolnshire LN1

    • 4,241 sq. ft

Freehold
Added on 22/04/2026

About this property

  • 8 apartments on the edge of Lincoln

  • Private landscaped grounds

  • 8.5% niy after purchasers costs

  • Close to Lincoln City Centre and Lincoln University

The property comprises a substantial detached former Care Home, which was converted over 20 years ago into 8 self-contained flats.

The original two storey building containing 5 of the flats, is constructed in solid brickwork under a pitched slate roof. This was extended to the rear, prior to the conversion, with this extension accommodating the remaining 3 residential units. This single/part two storey extension is constructed in cavity brickwork under a predominantly flat grp covered/partially pitched slate clad roof.

The property sits within private landscaped grounds, with driveway access off Carholme Road leading to a tarmac surfaced car park to the rear, providing parking for 8 vehicles - one for each flat. There is a single storey detached garage adjacent to the car parking area, which accommodates a bike store and laundry room. There is further parking space in front of this building.

Internally, the property is laid out to provide 5 ground floor apartments, with the remaining 3 apartments found on the first floor, with 2 of these accessed from the main internal staircase and the other from an external staircase on the side of the property.

The apartments are finished off to a good standard, each with painted plaster walls and ceilings and solid floors overlaid in a mix of carpet, tiles and lino. The majority of the apartments are one bedroom, with two of the apartments having two bedrooms.

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£4,001 per month

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