Otters Cottages, Lincoln, Lincolnshire, LN5
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Otters Cottages, Lincoln, Lincolnshire, LN5

By Pygott & Crone

£ 160,000

Reviews

3 out of 5 stars

Pygott & Crone says ..

Built in 1880 by a local builder named Mr Otter, this spacious three bedroom cottage style property is ideally situated in a sought after area, just south of Lincoln. This home is perfect for first time buyers, giving them the chance to settle into an already established community.

Property Oracle says ..

The property is located in Lincoln, Lincolnshire, which is a city with a rich history and a range of amenities. The proximity to schools like The Priory Academy Lsst (Outstanding Ofsted rating) and Bracebridge Infant And Nursery School (Good Ofsted rating) is a positive factor for families. The presence of nearby transportation links, such as Lincoln train station, enhances accessibility. However, the provided data does not offer enough detail to fully assess the quality of local shops and other places of significance. Based on the provided photographs, the property appears to be in generally fair condition. While some rooms show signs of needing modernisation and updating, the structure seems sound. The kitchen and bathroom, in particular, could benefit from some improvements. However, the property does not appear to be in disrepair. The property includes a garden, which is a desirable feature for many buyers. The size of the garden is 801 sqft, which is relatively small, but still provides outdoor space. Considering the property’s condition, the presence of a garden, and its location, the list price of £160,000 appears to be relatively reasonable compared to the average price of similar properties in the area. The average price per square foot in the area is £312, while this property’s price per square foot is significantly lower. However, this lower price per sqft is likely due to the condition of the property requiring modernisation. The nearby comparable properties, while lacking sqft data, also support the assertion that the price is generally in line with the market, though potentially at the lower end. More detailed information on the condition and size of the comparable properties would allow for a more precise evaluation.

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
7
Condition
6
Location
7
Land
7
Bedrooms
3
Bathrooms
1
Sqft (est)
679.70
Lot (est)
801.00

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
339,299.00 £
Increased by 1.34 %
from 334,823.00 £
Est sale value
247,410.80 £
Increased by 25.52 %
from 197,113.00 £
Average area rental value
1,364.00 £/mo
Increased by 34.92 %
from 1,011.00 £/mo
Est letting value
679.70 £/mo
from 0.00 £/mo
Est rental Yield
4.82 %
Increased by 33.15 %
from 3.62 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Pygott & Crone created the listing.

Nearby Schools

NameTypeOfstedDistance
The Priory Academy LsstAcademy Sponsor LedOutstanding0.38 KM
Bracebridge Infant And Nursery SchoolAcademy ConverterGood0.54 KM
Lincoln BracebridgeChildren's Centre Linked Site0.81 KM
Springwell Lincoln City AcademyAcademy Alternative Provision Sponsor Led1.20 KM
The Lincoln St Peter At Gowts Church Of England Primary SchoolVoluntary Controlled SchoolGood1.31 KM

Images

1255830 (1) 1255830 (5) 67c70d1683196-l-1255830 (1) 1255830 (10) 1255830 (6) 1255830 (7) 1255830 (2) 1255830 (3) 1255830 (8) 1255830 (4) 1255830 (9) 67c83c608c7e9-l-1255830 (2) 1255830 (11)

Nearby Streets

NameAverage PriceAverage SqftDistance
Clayton Road £ 138,00000.00 KM
Craven Terrace £ 130,00000.00 KM
Francis Street £ 110,00000.00 KM
Craven Court £ 000.00 KM
Bell Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN2.04 KM
Hykeham6310HKM5.89 KM

Nearby Listings

AddressPriceTypeScoreDistance
Otters Cottages, Lincoln, Lincolnshire, LN5 £ 160,000BUY7 / 100.00 KM
Otters Cottages, Lincoln £ 115,000BUY6 / 100.02 KM
Otters Cottages, Lincoln £ 115,000BUYUnknown0.03 KM
Otters Cottages, Lincoln, Lincolnshire, LN5 £ 140,000BUY7 / 100.06 KM
Newark Road, Lincoln, Lincolnshire, LN5 £ 140,000BUY6 / 100.06 KM

Nearby Properties

AddressPriceDistance
81 Newark Road £ 95,0000.03 KM
85 Newark Road £ 115,0000.04 KM
12 Otters Cottages £ 90,0000.05 KM
11 Otters Cottages £ 91,5000.05 KM
10 Otters Cottages £ 95,0000.05 KM