King & Co says ..
An excellent Investment opportunity to acquire the freehold interest in this Victorian residence offering two self contained flats. The top floor boasts two bedrooms while the ground floor has one bedroom and its own garden. Enjoying a city centre location, the property has the potential to becom...
Property Oracle says ..
The property is a 3-bedroom terraced house located on Dixon Street in Lincoln, Lincolnshire. It has a plot size of 522.05 sqft and is listed at £185,000.
The property appears to be in reasonable condition. The interior shows some updating, with modern flooring and a relatively modern kitchen and bathroom. However, some areas appear dated and could benefit from further modernisation. The exterior of the property is well-maintained. There is a small paved rear garden.
The location is reasonably good, within walking distance of several schools, including The Lincoln St Peter At Gowts Church Of England Primary School (rated ‘Good’ by Ofsted) and Athena School (also rated ‘Good’). Lincoln railway station is approximately 1.17km away. The area has a mix of property types and prices, with some properties requiring renovation.
Considering the property’s condition, location, and size, the list price of £185,000 seems relatively reasonable compared to the average price of £212,239 in the area. However, the average price per sqft in the area is £237.00, and this property is significantly smaller than average, at 545.09 sqft. The price per sqft is therefore higher than average. Nearby comparable properties on Dixon Street sold for significantly less, suggesting that the asking price may be slightly optimistic.
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
- 7
- Location
- 7
- Land
- 4
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 545.09
- Lot (est)
- 522.05
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
- 177,500.00 £Decreased by 9.70 %
- Est sale value
- 62,140.26 £Decreased by 44.93 %
- Average area rental value
- 1,212.00 £/moIncreased by 40.12 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 8.19 %Increased by 55.11 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
King & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Lincoln St Peter At Gowts Church Of England Primary School | Voluntary Controlled School | Good | 0.46 KM |
| Springwell Lincoln City Academy | Academy Alternative Provision Sponsor Led | 0.54 KM | |
| Athena School | Community Special School | Good | 1.03 KM |
| University Of Lincoln | Higher Education Institutions | Good | 1.07 KM |
| Lincoln Central And Bracebridge Children'S Centre | Children's Centre | 1.14 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Dixon Street | £ 0 | 0 | 0.00 KM |
| Bell Street | £ 0 | 0 | 0.00 KM |
| Craven Court | £ 0 | 0 | 0.00 KM |
| Craven Terrace | £ 130,000 | 0 | 0.00 KM |
| Thyme Court | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lincoln | 6340 | LCN | 1.17 KM |
| Hykeham | 6310 | HKM | 6.40 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Dixon Street, Lincoln | £ 185,000 | BUY | 6 / 10 | 0.00 KM |
| Dixon Street, Lincoln, Lincolnshire | £ 125,000 | BUY | Unknown | 0.03 KM |
| Cranwell Street, Lincoln | £ 180,000 | BUY | 7 / 10 | 0.03 KM |
| Dixon Street, Lincoln | £ 130,000 | BUY | 6 / 10 | 0.03 KM |
| Dixon Street, Lincoln LN5 | £ 125,000 | BUY | 5 / 10 | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 65 Dixon Street | £ 55,000 | 0.00 KM |
| 55 Dixon Street | £ 130,000 | 0.00 KM |
| 91 Dixon Street | £ 94,500 | 0.00 KM |
| 11 Dixon Street | £ 75,000 | 0.00 KM |
| 97 Dixon Street | £ 62,500 | 0.00 KM |