# 2 bedroom apartment for sale (LN1 3EP)

## Property Details

| Key | Value |
|-----|-------|
| Address | Ockbrook Court, Williamson Street, Lincoln, LN1 3EP |
| Price | £185,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | B |
| Last sold | £180,000 |

## Description

**** **** Positioned in a prime Uphill Lincoln location, just a short distance from the historic Bailgate and Cathedral Quarter, this superb first floor apartment offers 2/3 bedrooms and stylish, well-presented accommodation throughout. The property features an entrance hall, a light and spacious lounge, a fitted kitchen with pantry, two generous double bedrooms, and an additional third bedroom which is currently used as a walk-in wardrobe. A modern shower room completes the accommodation. Outside, the apartment enjoys the benefit of a communal car park, beautifully maintained shared gardens, and a single garage in a block. Early viewing is strongly recommended to appreciate the setting and quality of this delightful home. 

**LOCATION** **** The historic Cathedral and University City of Lincoln has the usual High Street shops and department stores, plus banking and allied facilities, multiplex cinema, Marina and Art Gallery. The famous Steep Hill leads to the Uphill area of Lincoln and the Bailgate, with its quaint boutiques and bistros, the Castle, Cathedral and renowned Bishop Grosseteste University. 

**COMMUNAL** **ENTRANCE** **** With staircase to the first floor.  

**HALL** **** With intercom system and wood effect flooring.  

**LOUNGE** **16' 11" x 12' 2" (5.17m x 3.71m)** With double glazed window to the rear aspect, wood effect flooring and electric radiator. 

**KITCHEN** **11' 1" x 6' 7" (3.40m x 2.01m)** Fitted with a range of wall and base units with work surfaces over, stainless steel sink with side drainer and mixer tap over, electric oven and hob with extractor fan over, spaces for fridge freezer and dishwasher, breakfast bar, tiled walls and flooring and double glazed window to the rear aspect.  

**PANTRY** **** With plumbing for washing machine, storage shelving and tiled flooring. 

**BEDROOM** **1** **12' 8" x 9' 5" (3.88m x 2.88m)** With double glazed window to the front aspect, wood effect flooring and electric radiator. 

**WALK** **IN** **WARDROBE/BEDROOM** **3** **12' 5" x 6' 5" (3.79m x 1.96m)** Accessed via bedroom 1, fitted with a range of wardrobes with mirror fronted sliding doors, double glazed window to the front aspect, wood effect flooring and electric radiator.  

**BEDROOM** **2** **12' 10" x 9' 5" (3.93m x 2.88m)** With double fitted wardrobe with mirror fronted sliding doors, over bed storage and bedside tables, double glazed window to the front aspect, wood effect flooring and electric radiator. 

**SHOWER** **ROOM** **** Fitted with a three piece suite comprising of shower cubicle, close coupled WC and wash hand basin, towel radiator, tiled walls and tiled flooring. 

**OUTSIDE** **** The property benefits from a single garage in a block. There is also a communal car park. To the rear of the property there is a well-maintained communal garden laid mainly to lawn with seating areas, mature shrubs and flowerbeds, and gated pedestrian access to Middleton's Field, leading towards Church Lane and the Bailgate.  

**LEASEHOLD** **INFORMATION** **** Length of Lease - 999 years from 1st January 1999

Years Remaining on Lease - 972

Annual Ground Rent - £1,020.00

All figures should be checked with the Vendor/Solicitor prior to Exchange of Contracts and completion of the sale.

SERVICES

Mains electricity, water and drainage. Electric central heating.

 

## Property Photos

- ![Photo](/listings/photos/167784674/1048377)
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- ![IMG_6988](/listings/photos/167784674/1048392) - IMG_6988

## Floorplans

- ![Floorplan 1](/listings/photos/167784674/1048393) - Floorplan 1

## EPC Graphs

- ![EPC Front Page](/listings/photos/167784674/1048394) - EPC Front Page

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| OCKBROOK COURT 11 WILLIAMSON STREET, LINCOLN, LINCOLNSHIRE, LN1 3EP | £180,000 | 29/01/2026 | Flat |
| FRANCIS HILL COURT 7 CHURCH LANE, LINCOLN, LINCOLNSHIRE, LN2 1QJ | £388,000 | 01/08/2025 | Flat |
| OCKBROOK COURT 23 WILLIAMSON STREET, LINCOLN, LINCOLNSHIRE, LN1 3EP | £145,000 | 07/02/2025 | Flat |
| 66 WILLIAMSON STREET, LINCOLN, LINCOLNSHIRE, LN1 3DL | £114,500 | 24/01/2025 | Flat |
| 38A NETTLEHAM ROAD, LINCOLN, LINCOLNSHIRE, LN2 1RE | £260,000 | 08/12/2023 | Flat |
| FRANCIS HILL COURT 4 CHURCH LANE, LINCOLN, LINCOLNSHIRE, LN2 1QJ | £220,000 | 08/12/2023 | Flat |
| ST. NICHOLAS HOUSE, 70 6 NEWPORT, LINCOLN, LINCOLNSHIRE, LN1 3DP | £222,000 | 21/12/2022 | Flat |
| 10 NEWPORT COURT, LINCOLN, LINCOLNSHIRE, LN1 3DB | £160,000 | 08/12/2022 | Flat |
| 9 NEWPORT COURT, LINCOLN, LINCOLNSHIRE, LN1 3DB | £160,000 | 08/12/2022 | Flat |
| 40B NETTLEHAM ROAD, LINCOLN, LINCOLNSHIRE, LN2 1RE | £260,000 | 08/08/2022 | Flat |
| 78 WILLIAMSON STREET, LINCOLN, LINCOLNSHIRE, LN1 3DL | £150,000 | 27/06/2022 | Flat |
| 18 SPRINGFIELD CLOSE, LINCOLN, LINCOLNSHIRE, LN1 3ET | £155,000 | 29/04/2022 | Flat |
| 38 NETTLEHAM ROAD, LINCOLN, LINCOLNSHIRE, LN2 1RE | £260,500 | 04/04/2022 | Flat |
| DORRON COURT 15 STONEFIELD AVENUE, LINCOLN, LINCOLNSHIRE, LN2 1QL | £155,000 | 10/12/2021 | Flat |

**Area average:** £202,143 (14 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £178,000 (9 Flat, LN1, 2024–2026)
- **Deviation:** +3.9%

## Rental Range

*ONS Price Index of Private Rents (Lincoln). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £856/mo
- **Realistic:** £951/mo
- **Optimistic:** £1,046/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Lincoln (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £598/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, Wilson St, LN1 | £1,100/mo | 2 | 0.34 miles | OpenRent |

**Average rent: £1,100/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.59% (weak for cashflow)
- **Max investor price (0.8%):** £137,500
- **Target investor price (1%):** £110,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,100/mo).*

- **Gross yield:** 7.1%
- **Cost-to-rent:** 14×
- **Monthly cashflow:** £236/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 5.3%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -12.9%
- **10y growth:** 105.5%

## House Price Index (HM Land Registry)

*Official index for Lincoln; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -4.8%
- **5y growth (index):** 0.2%
- **10y growth (index):** 21.7%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)