Lincoln Street, Gainsborough, Lincolnshire, DN21
By McGowan Housing
£ 125,000
Reviews
3 out of 5 stars
McGowan Housing says ..
Buy-to-Let Opportunity | Long Term Tenant Currently Situated | 3 Bedroom Semi Detached House | Garden Ground Space | Modern Kitchen | Prime Rental Location Within Gainsborough
Property Oracle says ..
Lincoln Street is located in Gainsborough South-West, West Lindsey, Lincolnshire. The property is a semi-detached house with three bedrooms and one bathroom. The list price is £125,000.
The property appears to be in need of some modernisation and updating. While the structure seems sound, there is evidence of cosmetic work required, such as patching and repainting walls in several rooms. The kitchen and bathroom appear functional but could benefit from upgrades. The overall condition is satisfactory but not excellent.
The property benefits from a garden, which is a positive feature. The garden appears to be of average size for a property of this type in the area, providing space for outdoor activities.
Considering the average house price in the area is £161,745 and the average price per square foot is £176, the list price of £125,000 for this property seems reasonable, particularly given its condition. Nearby comparable properties on Lincoln Street itself are listed between £89,950 and £112,000, suggesting the £125,000 asking price is at the higher end of the range but not unreasonable given the size and number of bedrooms. The lack of square footage data for the subject property and comparables makes a precise price per square foot comparison impossible. However, the overall condition and need for modernisation are reflected in the pricing.
The location is convenient, with nearby schools including The Gainsborough Parish Church Primary School and Good Apple Independent, both rated ‘Good’ by Ofsted. Train stations, Gainsborough Central and Gainsborough Lea Road, are within reasonable distance.
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
- 6
- Bedrooms
- 3
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 126,075.00 £Decreased by 22.61 %
- Average area rental value
- 624.00 £/moIncreased by 21.17 %
- Est rental Yield
- 5.94 %Increased by 56.73 %
- Crime Rate
- 15.00 %Unchanged by 0.00 %
Agent Activity
McGowan Housing created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Gainsborough Parish Church Primary School | Academy Converter | Good | 0.22 KM |
| Good Apple Independent | Other Independent Special School | Good | 0.22 KM |
| Gainsborough, Hemswell Cliff And Sturton Children'S Centre | Children's Centre | 0.65 KM | |
| Handel House Preparatory School | Other Independent School | 0.69 KM | |
| Gainsborough North Marsh Road Children'S Centre | Children's Centre | 0.73 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Bayard Street | £ 0 | 0 | 0.00 KM |
| Alfred Street | £ 124,975 | 0 | 0.00 KM |
| Garfield Street | £ 133,738 | 0 | 0.00 KM |
| Bright Street | £ 0 | 0 | 0.00 KM |
| Tower Street | £ 123,975 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Gainsborough Central | 6465 | GNB | 1.10 KM |
| Gainsborough Lea Road | 6424 | GBL | 2.20 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Lincoln Street, Gainsborough, Lincolnshire, DN21 | £ 125,000 | BUY | 6 / 10 | 0.00 KM |
| Lincoln Street, Gainsborough | £ 144,950 | BUY | 6 / 10 | 0.02 KM |
| Lincoln Street, Gainsborough, Lincolnshire, DN21 | £ 95,000 | BUY | 6 / 10 | 0.04 KM |
| Forster Street, Gainsborough | £ 125,000 | BUY | 6 / 10 | 0.12 KM |
| Forster Street, Gainsborough, DN21 | £ 90,000 | BUY | 6 / 10 | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 14 Lincoln Street | £ 95,000 | 0.00 KM |
| 10 Lincoln Street | £ 95,000 | 0.00 KM |
| 30 Lincoln Street | £ 93,000 | 0.00 KM |
| 22 Lincoln Street | £ 100,000 | 0.00 KM |
| 32 Lincoln Street | £ 89,950 | 0.00 KM |