Bailgate Court, Wordsworth Street, Lincoln, Lincolnshire, LN1 3BS
BY

Bailgate Court, Wordsworth Street, Lincoln, Lincolnshire, LN1 3BS

By By Design

£ 695,000

Reviews

3 out of 5 stars

By Design says ..

Situated in one of the district?s most enviable and coveted locations, this exemplary 18th-century Grade II Listed Georgian conversion, with its striking architecture, offers an exceptional development of apartments in the very heart of the Cathedral Quarter in historic Lincoln. This luxurious first

Property Oracle says ..

The property is a 2-bedroom, 2-bathroom apartment located in Lincoln, Lincolnshire, with a list price of £695,000. The apartment boasts 1,146.20 sqft of living space. The location is within close proximity to several schools, including Westgate Academy and Lincoln Utc, both rated ‘Good’ by Ofsted. Lincoln train station is also conveniently located 0.85 km away. The images showcase a modern, well-maintained property with a contemporary design and high-quality finishes. The apartment appears to be in excellent condition, with a recently renovated kitchen and bathrooms. The lack of plot size information suggests that the property does not include a garden.

Considering the average house price in the area is £259,654 and the average price per sqft is £241, the list price of £695,000 for this 1,146.20 sqft apartment seems significantly higher. However, without further information on comparable properties in the immediate vicinity with similar specifications and condition, it is difficult to definitively assess the value. The nearby listings show a wide range of prices, with some significantly higher than the average, suggesting that the location and specific features of the property may justify a higher price point. Further investigation into recent sales of comparable properties in Bailgate Court would provide a clearer picture of the property’s market value.

The property benefits from a desirable location in Lincoln, close to amenities and transport links. The high-quality finishes and modern design are likely contributing factors to the higher list price. However, the lack of outdoor space is a consideration.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
10
Location
9
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
1,146.20

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
309,000.00 £
Increased by 24.83 %
from 247,532.00 £
Est sale value
457,333.80 £
Increased by 112.23 %
from 215,485.60 £
Average area rental value
761.00 £/mo
Increased by 25.79 %
from 605.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
2.96 %
Increased by 1.02 %
from 2.93 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • By Design created the listing.

Nearby Schools

NameTypeOfstedDistance
Westgate AcademyAcademy ConverterGood0.42 KM
Lincoln UtcUniversity Technical CollegeGood0.58 KM
Lincolnshire Secure UnitSecure Units0.73 KM
Lincoln CollegeFurther EducationGood0.89 KM
Lincoln Minster SchoolOther Independent School0.97 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Wordsworth Street £ 000.00 KM
Exchequergate £ 000.00 KM
Castle Hill £ 000.00 KM
The Terrace £ 134,95000.00 KM
High Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN0.85 KM
Hykeham6310HKM7.96 KM

Nearby Listings

AddressPriceTypeScoreDistance
Bailgate Court, Wordsworth Street, Lincoln, Lincolnshire, LN1 3BS £ 695,000BUY6 / 100.00 KM
Apartment 2, Bailgate Court, Wordsworth Street, Lincoln, Lincolnshire, LN1 £ 600,000BUY7 / 100.01 KM
Wordsworth Street, Lincoln £ 1,350,000BUY6 / 100.01 KM
Wordsworth Street, Uphill Lincoln, Lincoln, LN1 £ 1,100,000BUYUnknown0.01 KM
Bailgate, Lincoln, Lincolnshire, LN1 £ 625,000BUYUnknown0.06 KM

Nearby Properties

AddressPriceDistance
4 Wordsworth Street £ 170,0000.01 KM
2 Wordsworth Street £ 265,0000.01 KM
3 Wordsworth Street £ 209,0000.01 KM
20 Michaelgate £ 390,0000.10 KM
14 St Michaels Terrace £ 100,0000.10 KM