Mundys says ..
Situated in a desirable position on the border of Lincoln and North Hykeham, just off Hykeham Road, a three bedroom semi detached house with internal accommodation comprising of Hall, Lounge, Dining Room, Kitchen, Pantry and a First Floor Landing leading to three Bedrooms and a Bathroom. Outside ...
Property Oracle says ..
The property is a 3-bedroom semi-detached house located in St. Margarets Gardens, Lincoln, Lincolnshire. It benefits from being close to several schools, including The Lincoln St Christopher’s School (0.32km), The Lincoln Manor Leas Infants School (0.48km), and The Lincoln Manor Leas Junior School (0.48km), all rated ‘Good’ by Ofsted. The proximity to these schools is a positive aspect for families. Transportation links are also reasonably accessible, with Hykeham and Lincoln train stations within a 3-4km radius.
The property itself requires significant renovation. The interior photos show dated decor, worn flooring, and outdated fixtures. The bathroom, in particular, appears to be in need of complete refurbishment. The garden is present, but requires attention, showing some areas of neglect. The presence of a shed provides additional storage space.
Considering the average price per square foot in the area is £202, and the property’s listed price is £190,000, the price appears to reflect the property’s condition. The need for extensive renovation would likely reduce the perceived value compared to similar properties in better condition. The average house price in the area is £223,059, which is higher than the list price, but this difference is likely due to the condition of the property. Nearby properties for sale show a range of prices, with some significantly higher than the listed price. However, these properties may be in better condition or have larger plots. The lack of plot size information for this property makes a precise comparison difficult.
The property’s location is good, with access to schools and transport links. However, the condition of the property is poor and requires significant investment. The price appears reasonable given the condition, but potential buyers should factor in the cost of renovations.
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
- 6
- Condition
- 3
- Location
- 7
- Land
- 5
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 819.13
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
- 265,000.00 £Increased by 25.23 %
- Est sale value
- 187,580.77 £Increased by 9.57 %
- Average area rental value
- 892.00 £/moIncreased by 0.34 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 4.04 %Decreased by 19.84 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Mundys created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Lincoln St Christopher'S School | Community Special School | Good | 0.32 KM |
| The Lincoln Manor Leas Infants School | Academy Converter | Good | 0.48 KM |
| The Lincoln Manor Leas Junior School | Academy Converter | Good | 0.48 KM |
| Moorland Childrens Centre | Children's Centre | 0.74 KM | |
| The Priory Witham Academy | Academy Sponsor Led | Good | 0.85 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Greenbank Drive | £ 0 | 0 | 0.00 KM |
| Lincoln Road | £ 250,000 | 0 | 0.00 KM |
| Tyne Close | £ 0 | 0 | 0.00 KM |
| Constable Close | £ 195,000 | 0 | 0.00 KM |
| A1434 | £ 353,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Hykeham | 6310 | HKM | 3.16 KM |
| Lincoln | 6340 | LCN | 4.83 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| St. Margarets Gardens, Lincoln | £ 190,000 | BUY | 5 / 10 | 0.00 KM |
| St. Margarets Gardens, Lincoln | £ 235,000 | BUY | 7 / 10 | 0.01 KM |
| St Margarets Close, Lincoln, LN6 | £ 230,000 | BUY | 6 / 10 | 0.08 KM |
| St. Margarets Gardens, Lincoln | £ 230,000 | BUY | Unknown | 0.10 KM |
| Wallis Avenue, Lincoln, Lincolnshire, LN6 | £ 270,000 | BUY | 7 / 10 | 0.19 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 57 St Margarets Gardens | £ 198,500 | 0.00 KM |
| 25 St Margarets Gardens | £ 50,000 | 0.00 KM |
| 19 St Margarets Gardens | £ 123,000 | 0.00 KM |
| 1 St Margarets Gardens | £ 210,000 | 0.00 KM |
| 21 St Margarets Gardens | £ 137,000 | 0.00 KM |