Friars Mews, Wesleyan Court, Lincoln, LN2
NE

Friars Mews, Wesleyan Court, Lincoln, LN2

By Newton Fallowell

£ 115,000

Reviews

2 out of 5 stars

Newton Fallowell says ..

*ATTENTION INVESTORS * Currently let and achieving £8100 per annum. Available with its own PRIVATE ENTRANCE and PARKING SPACE this ground floor apartment is offered for sale with NO CHAIN.

Property Oracle says ..

This two-bedroom apartment in Lincoln’s Abbey area is located in a convenient city centre spot. Its proximity to Lincoln Railway Station (0.7km) and several schools (Lincoln UTC and Lincoln College within 0.3km) makes it appealing to commuters and families. The apartment itself features an open-plan living area, kitchen with integrated appliances and two bedrooms. While the property has been photographed with relatively empty rooms, providing only a glimpse into the layout and condition, the images suggest the condition may need some attention, such as replacing carpets which show signs of wear. The overall cleanliness of the property is apparent, however the style of the finish is dated. There is allocated parking, a valuable asset in a city centre location. The absence of private outdoor space is a drawback common to many apartments. The price of £115,000 is competitive for the area and comparable to similar listed apartments, suggesting potential rental income, making it a reasonable investment for an individual or family looking to settle within Lincoln’s urban amenities.

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
1
Bedrooms
2
Bathrooms
1
Sqft (est)
766.39

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
350,323.00 £
Decreased by 1.18 %
from 354,508.00 £
Est sale value
330,314.09 £
Increased by 20.73 %
from 273,601.23 £
Average area rental value
1,334.00 £/mo
Decreased by 2.49 %
from 1,368.00 £/mo
Est letting value
766.39 £/mo
Unchanged by 0.00 %
from 766.39 £/mo
Est rental Yield
4.57 %
Decreased by 1.30 %
from 4.63 %
Crime Rate
17.00 %
Unchanged by 0.00 %
from 17.00 %

Agent Activity

  • Newton Fallowell created the listing.

Nearby Schools

NameTypeOfstedDistance
Lincoln UtcUniversity Technical CollegeGood0.31 KM
Lincoln CollegeFurther EducationGood0.32 KM
Lincoln Abbey Children'S CentreChildren's Centre0.34 KM
Lincoln Minster SchoolOther Independent School0.64 KM
The Lincoln St Peter-In-Eastgate Church Of England (Controlled) Infants SchoolVoluntary Controlled SchoolOutstanding0.78 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Waterside South £ 000.00 KM
Montague Street £ 000.00 KM
Free School Lane £ 000.00 KM
Pelham Street £ 000.00 KM
The Terrace £ 134,95000.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN0.70 KM
Hykeham6310HKM8.21 KM

Nearby Listings

AddressPriceTypeScoreDistance
Wesleyan Court, Lincoln, LN2 £ 112,500BUY5 / 100.00 KM
Friars Mews, Wesleyan Court, Lincoln, LN2 £ 115,000BUY5 / 100.00 KM
Wesleyan Court, Lincoln, LN2 £ 215,000BUYUnknown0.00 KM
Friars Mews, Wesleyan Court, Lincoln, LN2 £ 110,000BUYUnknown0.00 KM
Friars Mews, Wesleyan Court, Lincoln, LN2 £ 113,500BUY5 / 100.00 KM

Nearby Properties

AddressPriceDistance
30 Friars Lane £ 430,0000.07 KM
40 Friars Lane £ 145,0000.08 KM
36 Friars Lane £ 68,5000.08 KM
42 Friars Lane £ 135,5000.08 KM
32 Friars Lane £ 190,0000.08 KM