The Colosseum, Lincoln, Lincolnshire, LN1
SA

The Colosseum, Lincoln, Lincolnshire, LN1

By Savills

£ 899,000

Reviews

3 out of 5 stars

Savills says ..

A substantial contemporary townhouse with elegant styling and eight bedrooms, set in a popular development within approximately 1.5 miles of Lincoln city centre.

Property Oracle says ..

The property is located in Lincoln, Lincolnshire, a historic city with a rich cultural heritage. The area benefits from good schools, including several outstanding-rated options within a short distance, and is relatively close to Lincoln train station, providing convenient access to other parts of the UK. The location is therefore considered desirable.

Based on the provided images, the property is in excellent condition. It has been recently renovated or built to a high standard, with modern fixtures and fittings throughout. The interior is clean, well-maintained, and stylish. There is no visible evidence of damage or disrepair.

The property includes a small, enclosed patio area, suitable for outdoor seating. While not extensive, it provides some private outdoor space.

The list price of £899,000 is significantly higher than the average price for the area (£302,231). However, the property is considerably larger than the average (3,410 sqft vs 1,047 sqft) and boasts a higher-than-average number of bedrooms and bathrooms. Considering the property’s size, condition, and location, the price, while high, may be justified in the context of the Lincoln property market, especially given the lack of comparable properties in the immediate vicinity with similar specifications. The absence of sqft data for nearby comparable properties makes a definitive price comparison challenging.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
10
Location
9
Land
3
Bedrooms
8
Bathrooms
5
Sqft (est)
3,410.45
Lot (est)
4,388.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
273,747.00 £
Decreased by 7.23 %
from 295,097.00 £
Est sale value
1,248,224.70 £
Increased by 23.65 %
from 1,009,493.20 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
3,410.45 £/mo
Unchanged by 0.00 %
from 3,410.45 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Savills created the listing.

Nearby Schools

NameTypeOfstedDistance
Bishop Grosseteste UniversityHigher Education Institutions0.25 KM
Lincoln Castle AcademyAcademy ConverterGood0.34 KM
The St Francis Special School, LincolnCommunity Special SchoolOutstanding0.59 KM
Mount Street AcademyAcademy ConverterOutstanding0.60 KM
Westgate AcademyAcademy ConverterGood0.79 KM

Images

Front View The Colosseum Entrance Reception Reception Reception Reception Reception Kitchen Kitchen Utility Principal Bedroom Principal Bedroom Bedroom En Suite Bedroom Bedroom Bedroom Rear View

Nearby Streets

NameAverage PriceAverage SqftDistance
Castle Street £ 105,00000.00 KM
Rasen Lane £ 000.00 KM
Reservoir Street £ 000.00 KM
Verdun Close £ 000.00 KM
Manor Road £ 450,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN1.95 KM
Hykeham6310HKM8.62 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Colosseum, Lincoln, Lincolnshire, LN1 £ 899,000BUY7 / 100.00 KM
Shelley Place, The Colosseum, Lincoln, LN1 £ 750,000BUYUnknown0.02 KM
The Colosseum, Lincoln, LN1 £ 725,000BUY7 / 100.03 KM
Shelley Place, The Colosseum, Uphill Lincoln £ 750,000BUY7 / 100.03 KM
Avalon Court, Newport, Lincoln, LN1 £ 140,000BUY6 / 100.06 KM

Nearby Properties

AddressPriceDistance
187 Newport £ 222,5000.11 KM
181 Newport £ 215,0000.11 KM
201 Newport £ 195,0000.11 KM
207 Newport £ 183,0000.11 KM
2 Buckfast Road £ 159,9500.15 KM