Sibthorp Street, Lincoln
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Sibthorp Street, Lincoln

By Mundys

£ 195,000

Reviews

2 out of 5 stars

Mundys says ..

A traditional bay-fronted terraced house with five lettable rooms, currently let for £1800 PCM (to four students including bills). The property is located to the South of the Cathedral City of Lincoln, ideal for easy access to the University, and could make the perfect investment or could be...

Property Oracle says ..

This four-bedroom, two-bathroom terraced house in Lincoln’s Sibthorp Street presents a mixed bag of qualities. Its location near the University and several good schools is a major plus, making it potentially attractive to students and families. The proximity to transport links is an additional positive. However, the provided images suggest the property’s condition is moderate; while functional, it shows signs of age and wear. The interior appears clean and updated in certain areas, but isn’t in pristine condition. The photos of the exterior showcase a typical terraced house showing signs of maintenance, but not exceptional quality. The size of the property at 1133.44 sqft, provides adequate space for the four bedrooms and family, however, the absence of a large garden or yard should be noted. The asking price sits within the range of comparable properties in the area, suggesting it is reasonably priced, but not necessarily a great bargain. Given the rental income potential from student lettings, investors may find the property particularly appealing. A potential buyer should consider the cost of any potential renovations or repairs to ensure they are factoring in additional expenses.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
7
Land
3
Bedrooms
4
Bathrooms
2
Sqft (est)
1,133.44

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
339,299.00 £
Increased by 1.34 %
from 334,823.00 £
Est sale value
412,572.16 £
Increased by 25.52 %
from 328,697.60 £
Average area rental value
1,364.00 £/mo
Increased by 34.92 %
from 1,011.00 £/mo
Est letting value
1,133.44 £/mo
from 0.00 £/mo
Est rental Yield
4.82 %
Increased by 33.15 %
from 3.62 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Mundys marked this listing as sold.

  • Mundys created the listing.

Nearby Schools

NameTypeOfstedDistance
The Lincoln St Peter At Gowts Church Of England Primary SchoolVoluntary Controlled SchoolGood0.20 KM
Springwell Lincoln City AcademyAcademy Alternative Provision Sponsor Led0.35 KM
Lincoln Central And Bracebridge Children'S CentreChildren's Centre0.64 KM
Athena SchoolCommunity Special SchoolGood0.66 KM
The Lincoln Bishop King Church Of England Primary SchoolVoluntary Aided SchoolGood0.71 KM

Images

IMG_9366 IMG_9362 IMG_9361 IMG_9363 IMG_9364 IMG_9365

Nearby Streets

NameAverage PriceAverage SqftDistance
St. Mark Street £ 000.00 KM
Arkill's Passage £ 000.00 KM
Saint Mark's Square £ 000.00 KM
Ropewalk £ 000.00 KM
St Andrews Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN0.54 KM
Hykeham6310HKM7.05 KM

Nearby Listings

AddressPriceTypeScoreDistance
Sibthorp Street, Lincoln, Lincolnshire, LN5 £ 170,000BUY6 / 100.00 KM
Sibthorp Street, Lincoln, Lincolnshire, LN5 £ 200,000BUY6 / 100.00 KM
Sibthorp Street, Lincoln, LN5 £ 235,000BUY5 / 100.00 KM
4 Sibthorp Street £ 200,000BUY6 / 100.00 KM
Sibthorp Street, Lincoln £ 195,000BUY5 / 100.00 KM

Nearby Properties

AddressPriceDistance
58 Sibthorp Street £ 149,0000.00 KM
38 Sibthorp Street £ 157,0000.00 KM
10 Sibthorp Street £ 40,0000.00 KM
46 Sibthorp Street £ 85,0000.00 KM
36 Sibthorp Street £ 117,5000.00 KM