192 West Parade, Lincoln, Lincolnshire, LN1 1LY
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192 West Parade, Lincoln, Lincolnshire, LN1 1LY

By The County Property Auction

£ 375,000

Reviews

2 out of 5 stars

The County Property Auction says ..

For Sale by Live Stream Auction 26th February 2025 - 6 Bed HMO - 6 en-suites - Short walk from University - Recently fully refurbished - Buyers Fee £900 + VAT

Property Oracle says ..

This property, located on West Parade in Lincoln, is a six-bedroom, six-bathroom house currently presented for sale at £375,000. The provided images showcase a recent renovation or refurbishment, with a modern, updated interior. The internal finishes are contemporary, and the property features multiple en-suite bathrooms. The property appears well-suited for use as a House of Multiple Occupancy (HMO), given its layout and location close to Lincoln’s city center and the University of Lincoln. This proximity to educational institutions and transport links significantly enhances its potential rental income. However, further details regarding the overall external condition, plot size (which appears small from the provided land registry plan) and precise square footage for similar properties in the locality are required to make a more comprehensive assessment. The price seems relatively in-line with comparable properties in the area, bearing in mind the limited data on sqft information. It is not possible to judge accurately the value for money without more detailed comparable property pricing information.

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
8
Location
7
Land
1
Bedrooms
6
Bathrooms
6
Sqft (est)
1,743.75

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
695,756.25 £
Increased by 112.23 %
from 327,825.00 £
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
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • The County Property Auction created the listing.

Nearby Schools

NameTypeOfstedDistance
The St Faith And St Martin Church Of England Junior School, LincolnVoluntary Controlled SchoolGood0.20 KM
Carholme Children'S CentreChildren's Centre Linked Site0.34 KM
The St Faith'S Church Of England Infant And Nursery School, LincolnVoluntary Controlled SchoolGood0.48 KM
Lincolnshire Secure UnitSecure Units0.67 KM
University Of LincolnHigher Education InstitutionsGood0.73 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Hampton Court £ 000.00 KM
Belle Vue Terrace £ 181,86300.00 KM
Poplar Avenue £ 000.00 KM
Saltergate £ 000.00 KM
Saltergate £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN1.52 KM
Hykeham6310HKM6.96 KM

Nearby Listings

AddressPriceTypeScoreDistance
West Parade, Lincoln, Lincolnshire, LN1 £ 210,000BUY6 / 100.02 KM
West Parade, Lincoln, LN1 £ 260,000BUYUnknown0.07 KM
Hampton Street, Lincoln £ 395,000BUY8 / 100.07 KM
Gresham Street, Lincoln, LN1 £ 150,000BUY5 / 100.10 KM
Richmond Road, Lincoln £ 350,000BUY7 / 100.10 KM

Nearby Properties

AddressPriceDistance
62 Richmond Road £ 320,0000.10 KM
87 Richmond Road £ 212,0000.10 KM
69 Richmond Road £ 260,0000.10 KM
51 Richmond Road £ 285,0000.10 KM
85 Richmond Road £ 221,0000.10 KM