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 %
- Est sale value
- 297,286.92 £Increased by 112.23 %
- Average area rental value
- 761.00 £/moIncreased by 25.79 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 2.96 %Increased by 1.02 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
Realm 47 Ltd created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Carholme Children'S Centre | Children's Centre Linked Site | 0.20 KM | |
| The St Faith'S Church Of England Infant And Nursery School, Lincoln | Voluntary Controlled School | Good | 0.33 KM |
| The St Faith And St Martin Church Of England Junior School, Lincoln | Voluntary Controlled School | Good | 0.34 KM |
| Lincolnshire Secure Unit | Secure Units | 0.86 KM | |
| University Of Lincoln | Higher Education Institutions | Good | 0.90 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Hampton Court | £ 0 | 0 | 0.00 KM |
| Belle Vue Terrace | £ 181,863 | 0 | 0.00 KM |
| Meadowsweet Close | £ 0 | 0 | 0.00 KM |
| Saltergate | £ 0 | 0 | 0.00 KM |
| Poplar Avenue | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lincoln | 6340 | LCN | 1.72 KM |
| Hykeham | 6310 | HKM | 6.91 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Bedford Street, Lincoln, LN1 | £ 265,000 | BUY | 5 / 10 | 0.00 KM |
| Bedford Street, Lincoln, Lincolnshire, LN1 | £ 300,000 | BUY | 5 / 10 | 0.00 KM |
| West Parade, Lincoln, Lincolnshire, LN1 1LY | £ 335,000 | BUY | 6 / 10 | 0.04 KM |
| West Parade, Lincoln, LN1 | £ 350,000 | BUY | Unknown | 0.05 KM |
| West Parade, West End, Lincoln | £ 395,000 | BUY | 7 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 8 Bedford Street | £ 217,000 | 0.00 KM |
| 7 Bedford Street | £ 165,000 | 0.02 KM |
| 1 Bedford Street | £ 110,000 | 0.02 KM |
| 246 West Parade | £ 415,000 | 0.05 KM |
| 238 West Parade | £ 250,000 | 0.05 KM |