Bedford Street, Lincoln, LN1
RE

Bedford Street, Lincoln, LN1

By Realm 47 Ltd

£ 265,000

Reviews

2 out of 5 stars

Realm 47 Ltd says ..

Presenting an outstanding investment opportunity! This 5 bedroom, 2 bathroom, end of terrace, 3-storey HMO offers an ideal prospect for investors seeking a property with strong rental yields in one of Lincoln's most desirable locations with potential for coach house development.

Property Oracle says ..

This five-bedroom property in Lincoln’s Carholme area offers a blend of positives and negatives. Its key strengths include the number of bedrooms, which could make it attractive to families or those seeking rental income. The kitchen and bathroom appear to have been recently modernised, presenting a clean and functional space. The proximity to good schools and the University of Lincoln is a significant plus, enhancing its appeal to families and students. However, the property’s main drawback is the extremely limited outdoor space. The small yard/passageway offers minimal potential for gardening or outdoor activities. The location on Bedford Street, while convenient, may not be considered among the most desirable in Lincoln. The overall condition is acceptable, but some minor updates or maintenance might be needed. The price point seems reasonable considering the market in the area, but the limited land and street location might affect its overall value compared to similar properties in more sought-after areas of Lincoln.

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
7
Condition
6
Location
7
Land
1
Bedrooms
5
Bathrooms
2
Sqft (est)
745.08

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
309,000.00 £
Increased by 24.83 %
from 247,532.00 £
Est sale value
297,286.92 £
Increased by 112.23 %
from 140,075.04 £
Average area rental value
761.00 £/mo
Increased by 25.79 %
from 605.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
2.96 %
Increased by 1.02 %
from 2.93 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Realm 47 Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Carholme Children'S CentreChildren's Centre Linked Site0.20 KM
The St Faith'S Church Of England Infant And Nursery School, LincolnVoluntary Controlled SchoolGood0.33 KM
The St Faith And St Martin Church Of England Junior School, LincolnVoluntary Controlled SchoolGood0.34 KM
Lincolnshire Secure UnitSecure Units0.86 KM
University Of LincolnHigher Education InstitutionsGood0.90 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Hampton Court £ 000.00 KM
Belle Vue Terrace £ 181,86300.00 KM
Meadowsweet Close £ 000.00 KM
Saltergate £ 000.00 KM
Poplar Avenue £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN1.72 KM
Hykeham6310HKM6.91 KM

Nearby Listings

AddressPriceTypeScoreDistance
Bedford Street, Lincoln, LN1 £ 265,000BUY5 / 100.00 KM
Bedford Street, Lincoln, Lincolnshire, LN1 £ 300,000BUY5 / 100.00 KM
West Parade, Lincoln, Lincolnshire, LN1 1LY £ 335,000BUY6 / 100.04 KM
West Parade, Lincoln, LN1 £ 350,000BUYUnknown0.05 KM
West Parade, West End, Lincoln £ 395,000BUY7 / 100.06 KM

Nearby Properties

AddressPriceDistance
8 Bedford Street £ 217,0000.00 KM
7 Bedford Street £ 165,0000.02 KM
1 Bedford Street £ 110,0000.02 KM
246 West Parade £ 415,0000.05 KM
238 West Parade £ 250,0000.05 KM