2 Marine Point Apartments Marine Approach

    2 MARINE POINT APARTMENTS, MARINE APPROACH, BURTON WATERS, LINCOLN, LN1 2LW

    This flat/maisonette leasehold property on Marine Approach last sold in August 2022 for £240,000. Based on price growth in the LN1 district since then, its estimated current value is £260,271 — placing it in the 40th percentile nationally and the 62nd percentile within LN1. The property covers 110 m² (1,184 sq ft), giving an estimated value of £2,366 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,184 sq ft

    110 m²

    Last Sale Price

    £240,000

    Aug 2022

    Estimated Valuation

    £260,271

    Est. £/sq ft

    £220/sq ft

    £2,366/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,184 sq ft (110 m²)
    EPC dateMar 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Aug 2022

    £240,000

    21 Dec 2020

    £208,000

    27 Apr 2018

    £230,000

    3 Nov 2015

    £225,000

    7 Mar 2003

    New build

    £135,000

    Key Metrics

    Estimated valuation£260,271
    Value per sq ft / m²£220/sq ft (£2,366/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN1 district percentile62nd percentile
    National percentile40th percentile

    District Context — LN1

    LN1 covers Lincoln city centre and its immediate surroundings in the East Midlands. It is a historic cathedral city with a mixed residential and commercial character, offering heritage appeal alongside student accommodation and urban living.

    Average Property Price - LN1

    £252,706

    28

    National percentile

    Average Net Household Income - LN1

    £35,419

    34

    National percentile

    10-Year Annualised Price Growth - LN1

    3.2%

    36

    National percentile

    10-Year Annualised Rent Growth - LN

    4.2%

    64

    National percentile

    View full analysis for LN1

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