Lincoln Street, Gainsborough, Lincolnshire, DN21
MC

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

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
126,075.00 £
Decreased by 22.61 %
from 162,912.00 £
Average area rental value
624.00 £/mo
Increased by 21.17 %
from 515.00 £/mo
Est rental Yield
5.94 %
Increased by 56.73 %
from 3.79 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • McGowan Housing created the listing.

Nearby Schools

NameTypeOfstedDistance
The Gainsborough Parish Church Primary SchoolAcademy ConverterGood0.22 KM
Good Apple IndependentOther Independent Special SchoolGood0.22 KM
Gainsborough, Hemswell Cliff And Sturton Children'S CentreChildren's Centre0.65 KM
Handel House Preparatory SchoolOther Independent School0.69 KM
Gainsborough North Marsh Road Children'S CentreChildren's Centre0.73 KM

Images

external lounge lounge lounge kitchen kitchen bathroom bathroom bathroom bathroom bedroom bedroom bedroom bedroom bedroom boiler point external external external external

Nearby Streets

NameAverage PriceAverage SqftDistance
Bayard Street £ 000.00 KM
Alfred Street £ 124,97500.00 KM
Garfield Street £ 133,73800.00 KM
Bright Street £ 000.00 KM
Tower Street £ 123,97500.00 KM

Nearby Transport

NameNLCTLCDistance
Gainsborough Central6465GNB1.10 KM
Gainsborough Lea Road6424GBL2.20 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lincoln Street, Gainsborough, Lincolnshire, DN21 £ 125,000BUY6 / 100.00 KM
Lincoln Street, Gainsborough £ 144,950BUY6 / 100.02 KM
Lincoln Street, Gainsborough, Lincolnshire, DN21 £ 95,000BUY6 / 100.04 KM
Forster Street, Gainsborough £ 125,000BUY6 / 100.12 KM
Forster Street, Gainsborough, DN21 £ 90,000BUY6 / 100.12 KM

Nearby Properties

AddressPriceDistance
14 Lincoln Street £ 95,0000.00 KM
10 Lincoln Street £ 95,0000.00 KM
30 Lincoln Street £ 93,0000.00 KM
22 Lincoln Street £ 100,0000.00 KM
32 Lincoln Street £ 89,9500.00 KM