Saul House, Ruston Way, Lincoln, Lincolnshire, LN6 7FQ
Guide Price
£6,500,000Knowing the purchase price means you can work out the total cost of buying the property.Read more about property price in our glossary page.
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- PROPERTY TYPE
Detached
- BEDROOMS
69
- BATHROOMS
69
- SIZE
25,736 sq ft
2,391 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Student Investment Block
- Prime location next to the Uni
- 69 beds across 5 floors
- Projected 26-27 income £485,520
- Projected 27-28 income £534,140
- Sat in 0.34 of an acre with further land available
Description
Detailed Description
Occupying a prime position directly adjacent to the University of Lincoln campus, Saul House offers premium student accommodation designed to provide a comfortable, secure and sociable living environment in the heart of the City.
Constructed in 2013 this impressive purpose-built development comprises 69 bedrooms arranged across 23 spacious three-bedroom apartments set in a site of 0.34 of an acre. Each apartment is thoughtfully designed to meet the needs of modern student living. Every bedroom benefits from a private en-suite shower room, while the apartments themselves feature generous open-plan living areas, contemporary furnishings and fully equipped kitchens, creating the ideal space for both relaxation and academic life. A standout feature of Saul House is its free on-site laundrette facilities, a unique benefit that sets it apart from other student accommodation in Lincoln and provides significant savings for residents throughout the academic year. Flexible booking options allow students to reserve either an individual room or an entire apartment with friends. Perfectly located overlooking the University's main campus and within easy walking distance of Lincoln City Centre, Saul House places students close to lecture theatres, shops, restaurants, bars and transport links. Combined with professional on-site management and an extensive range of inclusive amenities, it offers one of the City's most attractive student living experiences.
Location
Directions - LN6 7FQ
Enter Lincoln on the A57 Carhome Road and proceed towards the City Centre. Then turn right onto Brayford Way and then onto Ruston Way where the property can be found on your left.
Viewing
Strictly by appointment with the selling agent
Agent
James Mulhall
Other
UNIVERSITY OF LINCOLN
Established in 2001, the University of Lincoln has transformed the Brayford Pool area into a thriving city-centre campus and has become a major driver of economic growth in Lincolnshire. The university is home to around 11,000 students and 1,200 staff, contributing more than £250 million annually to the local economy and supporting over 3,000 jobs.
More than £140 million has been invested in the Brayford Pool campus, revitalising a former brownfield site and attracting significant retail, leisure and property investment. The university's award-winning business incubation centre, Sparkhouse, has helped over 100 businesses establish and grow within the region, creating more than 200 jobs.
The University of Lincoln is also home to the National Centre for Food Manufacturing at its Holbeach campus and, in partnership with Siemens, opened the UK's first purpose-built engineering school in over 25 years. Research, consultancy and business partnerships have generated significant economic benefits, with over £16 million worth of contract research and consultancy undertaken between 2007 and 2012.
Renowned for student satisfaction and academic excellence, the university has consistently ranked highly in national league tables, with Accounting achieving the top national ranking for student satisfaction for four consecutive years. The institution is accredited by numerous professional bodies across a wide range of disciplines, while its School of Journalism became the first institution in Europe to receive the prestigious "Recognised for Excellence" accolade.
Location
Lincoln is a Cathedral City and the county town of Lincolnshire. Part of East Midlands, Lincolnshire is situated on the East coast of England, to the north of Norfolk and the south of Yorkshire. The total population within the Lincoln primary catchment area is 416,000, with the entire urban area of Lincoln having a population of 130,200 as at the 2011 Census. Lincoln has a rich history, from its Roman beginnings to the hub of engineering and education it is today. Lincoln is home to one of the UK's fastest growing modern universities with circa 14,000 full time students and 1,600 members of staff.
ECONOMY
Lincolnshire's economy is based mainly on public administration, commerce, arable farming and tourism. The main employment sectors in Lincoln are public administration, education and health, which account for 34 per cent of the workforce. Distribution, restaurants and hotels account for 25 per cent of the workforce. Key employers include Royal Air Force, NHS, Lincolnshire County Council, University of Lincoln and Siemens. Lincoln has developed a growing IT economy, with many e-commerce mail order companies setting up in or around the City.
A plethora of other, more conventional small industrial businesses are located in and around Lincoln. One of the drivers for the building of the University of Lincoln was to increase inward investment into the City and act as a springboard for small companies. Lincoln is the main centre for jobs and facilities in Central Lincolnshire and performs a wider regional role that extends to cover much of Lincolnshire and parts of Nottinghamshire. According to the Central Lincolnshire Local Plan Core Strategy, Lincoln has a "travel-to-work" area population of approximately 300,000.
TOURISM
The City is also a well-established tourist centre and those who come do so to visit the numerous historic buildings including the Cathedral, the Castle and the Medieval Bishop's Palace. The City is home to one of the original copies of the Magna Carta along with the Charter of the Forest and the recently refurbished Lincoln Castle houses these historical documents. Lincoln is also home to the recently constructed purpose-built International Bomber Command Centre. Nearby RAF Waddington is home to the world-famous Royal Air Force Aerobatic Team (The Red Arrows) who can regularly be seen practicing in the skies around Lincoln. The City regularly attracts in excess of 4 million visitors annually with a current value of tourism of circa £225 million per annum.
TRAVEL
Lincoln is ideally located at the junction of the A46, A57 and A15, providing excellent access to Nottingham, Sheffield, Peterborough, Hull and Grimsby.
RAIL
Trains from Lincoln Mainline Railway Station serve destinations that include Newark-on-Trent, Sheffield, Leeds, Barnsley, Wakefield, Nottingham, Grimsby and Peterborough. LNER runs a direct train service to London King's Cross (under 2 hours), calling at Newark North Gate, Peterborough and Stevenage.
INCOME
The projected income for 2026/27 is £485,520 and the projected income for 2027/28 is £534,140 based on full occupancy.
TENURE & POSSESSION
Freehold and for sale by private treaty.
COUNCIL TAX
Band B
ADDITIONAL LAND
The seller also owns the land to the rear of Saul House via title number LL312905 which extends to around 0.08 of an acre. The seller had some indicative plans drawn up which he is happy to share, but no formal planing consent has been obtained.
BUYER IDENTITY CHECK
Please note that prior to acceptance of any offer, Brown&Co are required to verify the identity of the buyer to comply with the requirements of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017. Further, when a property is for sale by tender, an ID check must be carried out before a tender can be submitted. We are most grateful for your assistance with this.
Occupying a prime position directly adjacent to the University of Lincoln campus, Saul House offers premium student accommodation designed to provide a comfortable, secure and sociable living environment in the heart of the City.
Constructed in 2013 this impressive purpose-built development comprises 69 bedrooms arranged across 23 spacious three-bedroom apartments set in a site of 0.34 of an acre. Each apartment is thoughtfully designed to meet the needs of modern student living. Every bedroom benefits from a private en-suite shower room, while the apartments themselves feature generous open-plan living areas, contemporary furnishings and fully equipped kitchens, creating the ideal space for both relaxation and academic life. A standout feature of Saul House is its free on-site laundrette facilities, a unique benefit that sets it apart from other student accommodation in Lincoln and provides significant savings for residents throughout the academic year. Flexible booking options allow students to reserve either an individual room or an entire apartment with friends. Perfectly located overlooking the University's main campus and within easy walking distance of Lincoln City Centre, Saul House places students close to lecture theatres, shops, restaurants, bars and transport links. Combined with professional on-site management and an extensive range of inclusive amenities, it offers one of the City's most attractive student living experiences.
Location
Directions - LN6 7FQ
Enter Lincoln on the A57 Carhome Road and proceed towards the City Centre. Then turn right onto Brayford Way and then onto Ruston Way where the property can be found on your left.
Viewing
Strictly by appointment with the selling agent
Agent
James Mulhall
Other
UNIVERSITY OF LINCOLN
Established in 2001, the University of Lincoln has transformed the Brayford Pool area into a thriving city-centre campus and has become a major driver of economic growth in Lincolnshire. The university is home to around 11,000 students and 1,200 staff, contributing more than £250 million annually to the local economy and supporting over 3,000 jobs.
More than £140 million has been invested in the Brayford Pool campus, revitalising a former brownfield site and attracting significant retail, leisure and property investment. The university's award-winning business incubation centre, Sparkhouse, has helped over 100 businesses establish and grow within the region, creating more than 200 jobs.
The University of Lincoln is also home to the National Centre for Food Manufacturing at its Holbeach campus and, in partnership with Siemens, opened the UK's first purpose-built engineering school in over 25 years. Research, consultancy and business partnerships have generated significant economic benefits, with over £16 million worth of contract research and consultancy undertaken between 2007 and 2012.
Renowned for student satisfaction and academic excellence, the university has consistently ranked highly in national league tables, with Accounting achieving the top national ranking for student satisfaction for four consecutive years. The institution is accredited by numerous professional bodies across a wide range of disciplines, while its School of Journalism became the first institution in Europe to receive the prestigious "Recognised for Excellence" accolade.
Location
Lincoln is a Cathedral City and the county town of Lincolnshire. Part of East Midlands, Lincolnshire is situated on the East coast of England, to the north of Norfolk and the south of Yorkshire. The total population within the Lincoln primary catchment area is 416,000, with the entire urban area of Lincoln having a population of 130,200 as at the 2011 Census. Lincoln has a rich history, from its Roman beginnings to the hub of engineering and education it is today. Lincoln is home to one of the UK's fastest growing modern universities with circa 14,000 full time students and 1,600 members of staff.
ECONOMY
Lincolnshire's economy is based mainly on public administration, commerce, arable farming and tourism. The main employment sectors in Lincoln are public administration, education and health, which account for 34 per cent of the workforce. Distribution, restaurants and hotels account for 25 per cent of the workforce. Key employers include Royal Air Force, NHS, Lincolnshire County Council, University of Lincoln and Siemens. Lincoln has developed a growing IT economy, with many e-commerce mail order companies setting up in or around the City.
A plethora of other, more conventional small industrial businesses are located in and around Lincoln. One of the drivers for the building of the University of Lincoln was to increase inward investment into the City and act as a springboard for small companies. Lincoln is the main centre for jobs and facilities in Central Lincolnshire and performs a wider regional role that extends to cover much of Lincolnshire and parts of Nottinghamshire. According to the Central Lincolnshire Local Plan Core Strategy, Lincoln has a "travel-to-work" area population of approximately 300,000.
TOURISM
The City is also a well-established tourist centre and those who come do so to visit the numerous historic buildings including the Cathedral, the Castle and the Medieval Bishop's Palace. The City is home to one of the original copies of the Magna Carta along with the Charter of the Forest and the recently refurbished Lincoln Castle houses these historical documents. Lincoln is also home to the recently constructed purpose-built International Bomber Command Centre. Nearby RAF Waddington is home to the world-famous Royal Air Force Aerobatic Team (The Red Arrows) who can regularly be seen practicing in the skies around Lincoln. The City regularly attracts in excess of 4 million visitors annually with a current value of tourism of circa £225 million per annum.
TRAVEL
Lincoln is ideally located at the junction of the A46, A57 and A15, providing excellent access to Nottingham, Sheffield, Peterborough, Hull and Grimsby.
RAIL
Trains from Lincoln Mainline Railway Station serve destinations that include Newark-on-Trent, Sheffield, Leeds, Barnsley, Wakefield, Nottingham, Grimsby and Peterborough. LNER runs a direct train service to London King's Cross (under 2 hours), calling at Newark North Gate, Peterborough and Stevenage.
INCOME
The projected income for 2026/27 is £485,520 and the projected income for 2027/28 is £534,140 based on full occupancy.
TENURE & POSSESSION
Freehold and for sale by private treaty.
COUNCIL TAX
Band B
ADDITIONAL LAND
The seller also owns the land to the rear of Saul House via title number LL312905 which extends to around 0.08 of an acre. The seller had some indicative plans drawn up which he is happy to share, but no formal planing consent has been obtained.
BUYER IDENTITY CHECK
Please note that prior to acceptance of any offer, Brown&Co are required to verify the identity of the buyer to comply with the requirements of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017. Further, when a property is for sale by tender, an ID check must be carried out before a tender can be submitted. We are most grateful for your assistance with this.
Brochures
Brochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
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Affordability
Monthly repayments£32,595
Property: £ 6,500,000
Deposit: £ 650,000
Interest rate: 5.33%
Term: 30 years
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