Newland Street West, Lincoln
MO

Newland Street West, Lincoln

By Mount & Minster

£ 295,000

Reviews

3 out of 5 stars

Mount & Minster says ..

***GUIDE PRICE £295,000 TO £310,000*** Investment opportunity, licensed HMO with six bedrooms and four en-suites. ideal for students, with a rental income of £36,920 pa when fully let.

Property Oracle says ..

This property is located in Lincoln, a historic city in Lincolnshire, England. The area appears to have good access to schools, with several options within a short distance, including The St Faith And St Martin Church of England Junior School and The St Faith’s Church of England Infant And Nursery School, both rated as “Good” by Ofsted. The property itself is a six-bedroom, five-bathroom house with a total area of 1,420 sqft. While the plot size is not specified, the images suggest a relatively small garden or no garden at all. The property seems to be in good condition based on the provided photos, with a modern kitchen and updated interiors. The list price of £295,000 is higher than the average price of £259,654 for the area, but the property is substantially larger than the average size of 1,073 sqft. The average price per sqft in the area is £241, meaning this property is priced at approximately £208 per sqft. Given the size, condition, and location, the price seems reasonable, although further investigation into comparable properties in the immediate vicinity would be beneficial to confirm this.

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
8
Location
8
Land
3
Bedrooms
6
Bathrooms
5
Sqft (est)
1,420.00

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
309,000.00 £
Increased by 24.83 %
from 247,532.00 £
Est sale value
566,580.00 £
Increased by 112.23 %
from 266,960.00 £
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
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Mount & Minster created the listing.

Nearby Schools

NameTypeOfstedDistance
The St Faith And St Martin Church Of England Junior School, LincolnVoluntary Controlled SchoolGood0.29 KM
Carholme Children'S CentreChildren's Centre Linked Site0.42 KM
The St Faith'S Church Of England Infant And Nursery School, LincolnVoluntary Controlled SchoolGood0.55 KM
University Of LincolnHigher Education InstitutionsGood0.56 KM
Lincolnshire Secure UnitSecure Units0.57 KM

Images

Bedroom.jpeg Outside of house.jpg Kitchen.jpg Kitchen.jpeg Living Room.jpeg

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN1.40 KM
Hykeham6310HKM6.89 KM

Nearby Listings

AddressPriceTypeScoreDistance
Newland Street West, Lincoln £ 295,000BUY6 / 100.00 KM
Charles Street West, Lincoln, LN1 £ 259,000BUY7 / 100.05 KM
Charles Street West, West End, Lincoln £ 239,950BUY7 / 100.05 KM
Newland Street West, Lincoln, Lincolnshire, LN1 £ 210,000BUYUnknown0.06 KM
Nelson Street, Lincoln, Lincolnshire, LN1 £ 275,000BUY6 / 100.06 KM

Nearby Properties

AddressPriceDistance
53 Newland Street West £ 145,0000.04 KM
73 Newland Street West £ 122,0000.04 KM
69 Newland Street West £ 115,0000.04 KM
17 Charles Street West £ 325,0000.05 KM
4 Charles Street West £ 170,0000.05 KM